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15 Cards in this Set
- Front
- Back
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Black Thursday (Stock Market Crash)
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Short Term Cause of the Great Depression
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Buying stock on margin.
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Short Term Cause of the Great Depression
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High tariffs on American products.
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Long Term Cause of the Great Depression
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Overproduction of goods.
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Long Term Cause of the Great Depression
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Overuse of credit for purchases.
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Long Term Cause of the Great Depression
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Growing gap of wealth between rich and poor.
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Long Term Cause of the Great Depression
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High unemployment
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Short Term Effect of the Great Depression
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Businesses and Banks close.
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Short Term Effect of the Great Depression
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FDR's New Deal is enacted to provide Americans with relief, recovery and reform.
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Long Term Effect of the Great Depression
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Social Security Act creates pensions for retired people.
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Long Term Effect of the Great Depression
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FDIC insures bank deposits and restores people's confidence in banks.
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Long Term Effect of the Great Depression
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Overfarming in the Great Plains cleared millions of acres of sod for farming.
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Cause of the Dust Bowl
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A severe drought dries out the soil and dust storms creates "black blizzards".
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Cause of the Dust Bowl
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Many farmers migrated west to look for work on farms in California.
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Effect of the Dust Bowl
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Thousands of farmers went bankrupt and had to give up their farms.
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Effect of the Dust Bowl
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