How the Great Depression and New Deal Affected Americans
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How the Great Depression and New Deal Affected Americans
- 2. Chapter 22 The Great Depression
- 3. Roaring 1920s Economy Downturn Housing industry declined WWI industries no longer needed Railroads lost busi- ness to cars, planes, etc. Farmers took out loans in hopes of selling more Consumers had less money to spend
- 4. Causes of the Great Depression 1. Old, outmoded industry 2. Crisis in the farm sector 3. Availability of easy credit 4. Unequal distrib. of income
- 8. Drought worsens farmers’ problems Families left to find work
- 9. Soup kitchens Bread lines
- 11. 1932: Ready for Change Franklin D. Roosevelt elected President