-
Global Trading Crisis
Devastated from World War I, Europe fell into economic decline and bought less American products. -
Stock Market Crash
When the stock market prices began to drop, many people began trying to sell their stock, but nobody was willing to buy it. -
Bank Failures
After the stock market crash, many Americans began withdrawing money from the banks, afraid they would fail. -
Dust Bowl
Drought and over-farming caused over a million acres of farmland to be completely useless during this time.
