The Great Depression

By Trenell Sattiewhite
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    Great Depression

    The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939.

  • Hoovervilles

    Hoovervilles
    a shantytown built by unemployed and destitute people during the Depression of the early 1930s.

  • Smoot-Hawley Tariff

    Smoot-Hawley Tariff Act, formally United States Tariff Act of 1930, also called Hawley-Smoot Tariff Act, U.S. legislation (June 17, 1930) that raised import duties to protect American businesses and farmers, adding considerable strain to the international economic climate of the Great Depression.

  • 100,000 Banks Have Failed

    “The worst financial climate in decades,” according to federal regulators, has cause the failure of 150 U.S. banks since January 1, 2009. Others are expected, particularly among the smaller regional and local banks.

  • Dust Bowl

    Dust Bowl
    an area of land where vegetation has been lost and soil reduced to dust and eroded, especially as a consequence of drought or unsuitable farming practice.