CAUSES OF THE GREAT DEPRESSION

• The stock market crashed in 1929.
• The banks began to fail.
• Agricultural overproduction.
• Low prices for farm products.

EFFECTS OF THE GREAT DEPRESSION

• Unemployment
• Homelessness/ poverty
• Loss of farms
• Family destruction

Stock market crash: dramatic decline in stock prices that results in loss of paper wealth.

Hoovervilles- towns that were built by unemployed people during the Great Depression in the early 1930's.

FDR's New Deal- government programs , established by Franklin D. Roosevelt in the1930's, to improve the conditions of those who were suffering in the Great Depression.

RANDOM FACT‼️

• The African Americans were hit the hardest during the Great Depression, and were primarily laid off FIRST ❗️