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Prices going up

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The stock market crash.

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Crash of money supply

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Inflation

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1/4 of all Americans didn't have a job.

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millions of people fell into poverty and were unemployed. 

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millions of people fell into poverty and were unemployed. 

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Overproduction of consumer goods

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Black Tuesday

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Crash of stock market, and people losing their money with it. 

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Crash of stock market, and people losing their money with it. 

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drought hit the Midwest

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stocks dropped and companies shut down.

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People went to poverty and unemployment

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Food shortages

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Inflation

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jobs lost, led people to poverty.

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20% of the banks in the nation were closed

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Work was hard to find so many people fell into poverty from 1929-1939

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It lost Americans who invested on it money which left them without money

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U.S income declined over 50%.

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Drought that lasted theough 1930s

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dust storm occurred within mid west

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Excessive use of credits.

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dust storm caused drought

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Underlying causes of the great depression

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Underlying causes of the great depression

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There was unequal distribution, the Great inequality between the rich who accounted for a third of the wealth. Overproduction such as American farmers producing more food than the population, this was an agriculture issue and manufacturing issue. Also the Government policies; bank failures, and panics, there was a collapse in money supply. ~CM

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Production between 1929, fell by nearly 47%, and unemployment reached more than 20%. The Great depression of 1929, devastated the U.S economy. because housing prices plummeted, and international trade between countries collapsed. ~CM