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31st President Hoover
President Hoover got elected at the wrong time because of the stock market crashing 8 months after. This caused a ton of problems in the United States. -
Stock Market Crash
The stock market was when the great depression started when there were no buyers for all the sellers so the prices dropped as well as the demand. -
Supply and Demand
Supply was really big in the stock market but there wasn't a lot of demand so this caused the prices to lower but nobody would buy. This made the stock market to collapse. -
Black Tuesday
Black Tuesday was the day was when a ton of banks went out of money due to them risking loans to the stock market. -
Dust Bowl
The Dust Bowl was a huge decline for the lost of a fertile area to crop for farmers but the dust kills the plants. So they are impossible to have plants in the area. -
Hawley-Smoot Tariff act
This act was a protective Tariffs to their highest level ever. This reduced worldwide trade by 40%. Which this act backfired really bad. -
Bonus Army
WWII Veterans marched in Washington Dc because they wanted their bonus pay for fighting in WWII. -
Reconstruction Finance Corporation
This was a corporation that was the hope to help the depression by giving big businesses, banks and railroads but failed horribly -
Franklin D Roosevelt
Franklin was the only President to have 4 terms in the white house tell the amendment was passed in the 22nd amendment. Franklin made the new deal to help the people themselves with getting money. -
New deal
The New Deal was a series of ways to recover the Great Depression by using the government being a direct help with the individuals. -
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