Guided Notes

_____________________________
The Causes of the Great Depression
Word Bank 1 Word Bank 2 Word Bank 3 Word Bank 4

Black Tuesday, new Kentucky, trust, investments, cars, unemployment, wages, 1932, tariff, policy,, Smoot
businesses, September, 1929, bank failures 1930, 1931, 1920s, creditors, foreclosed, Hawley, Jobs, angered, 1929,
October, billions, would Different, fail, confidence, installment plans, 55000, domestic, exports, purchased,
increase 16,410,030, panic, local, small, 2294, bank run, repayments, WW1, borrowed foreign, 2/3rds, imports,
increase, 1929, rise 1930 heavily, consumer, credit, protectionist, tariffs, 20%,
radios millions
What information does the image below convey? The year ______ saw the price of stocks ______ dramatically
____________________________________________________ encouraging people to invest further. People's attitudes towards
____________________________________________________ the stock market changed as a result and people began to
____________________________________________________ perceive that stocks ____________ in value forever. As of a
result of this, banks began to lend more and more money to
invest in the stock market by the year _______ more money was
lent for stock than __________. However by the ___________
of that year the price of stocks had begun to fall. ___________
would see the fall in prices accelerate starting a __________. All
of this would come to a head on the ____ of October commonly
known as ______________. This day alone saw the sale of
___________ shares of stocks sold for less than they were worth.
In total it's estimated that ____________ of dollars were lost and
it would be _________ before the stock market recovered.
How many bank failures were there in total during the height of Banks in the 1920’s were ________ than those of today being
the Great Depression (1930-1933)? both _________ and _________. Because of this these banks
depended heavily on the _________ of the community they
____________________________________________________
served for ________ through the form of deposits. If people lost
____________________________________________________
____________________________________________________ __________ in the bank there was a very real chance that there
would be a ___________ as people raced to withdraw their
savings. If the bank ran out of money before they were able to
pay back everyone they would go broke and ________. _______
saw an unprecedented string of _______________ which started
in Louisville __________ before spreading to neighboring states.
By ______ around ________ banks had failed a number double
that of _______.
The _________ saw a flood of new ___________ goods hit the

market like _______ and ________ however ________ failed to
keep the keep the same pace. In order to ensure that Americans
kept spending easy lines of _________ and ____________ plans
were offered by businesses and banks. While these measures
were good in theory debt skyrocketed when and if people
couldn’t make ________ either due to a loss in wages or
__________ they were liable to lose everything. Farmers for
instance ______________ to mechanize their farms and increase
crop yields due to the price increase of food caused by _______.
After the war ended the price of food went back to normal and
many farmers were unable to pay back their _________. As a
result during 1933 alone over __________ farms were
_________ upon.
How long did it take for the number of farm foreclosures to
return to their pre-Great Depression numbers?
____________________________________________________
____________________________________________________
____________________________________________________
To address the loss of ______ and __________ spending the

government took measures to ensure Americans __________
locally made goods. This is considered to be a ___________
form of economic __________. The ________________ Act
raised the average __________ rate by ____ causing the price of
__________ goods to skyrocket. While it succeeded in making
sure domestic spending rose it also ___________ trading
partners. They responded to the act by raising _________ in their
own countries to make American goods less appealing. By
_______ American ___________ and ___________ had fallen
by ________ of what they were in ______. This resulted in
_________ more Americans losing their jobs and led to overall
economic activity to plummet.
Compare US imports and exports during 1929 and 1932 by how

much did each of them fall?
____________________________________________________
____________________________________________________
____________________________________________________

Guided Notes

Uploaded by

Copyright:

Available Formats

Guided Notes

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Guided Notes

Uploaded by

Copyright:

Available Formats

_____________________________

The Causes of the Great Depression

Word Bank 1 Word Bank 2 Word Bank 3 Word Bank 4

The _ saw a flood of new ___ goods hit the

To address the loss of and ____ spending the

Compare US imports and exports during 1929 and 1932 by how

You might also like