https://padlet.com/maya_kirzner97/nicenice en-us 2022-01-20 17:28:44 UTC 2025-03-31 08:32:22 UTC hello@padlet.com https://padlet.com/maya_kirzner97/nicenice/wish/2003447675 Depositors all rushed to pull their money out of banks faster than the banks could supply it to them. This caused many Americans to lose large sums of money and is considered a cause of the Great Depression.]]> 2022-01-20 17:38:09 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003447675 maya_kirzner97 https://padlet.com/maya_kirzner97/nicenice/wish/2003449897 When the stock market crashed, people and companies lost billions of dollars. Because people lost most of their money, they weren't able to buy goods which caused the economy to spiral down into the great depression]]> 2022-01-20 17:39:12 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003449897 https://padlet.com/maya_kirzner97/nicenice/wish/2003458015 When the Tariff Act of 1930 was passed, it made it did compel Americans to buy goods from their own manufacturers, but it also made it more difficult to purchase goods from other countries as it was more expensive. This also limited trade with other nations because of the cost the tariffs added.]]> 2022-01-20 17:42:59 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003458015 maya_kirzner97 https://padlet.com/maya_kirzner97/nicenice/wish/2003459730 When Roosevelt was elected, people saw this as a chance for the country to change for the better.  When he was elected, he promised the country to help fix its economy and to do that, he introduced new deals that helped improve the country's economy and standard of living]]> 2022-01-20 17:43:43 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003459730 karacarr57_2 https://padlet.com/maya_kirzner97/nicenice/wish/2003460123 The great steel strike of January 8, 1920 was first organized to try and unionize the steel industry. It lasted for 4 and involved more than 350,000 workers. ]]> 2022-01-20 17:43:54 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003460123 https://padlet.com/maya_kirzner97/nicenice/wish/2003462153 On May 11th 1934, a massive dust storm traveled 2000 miles to the East Coast. This phenomenon would be catastrophic to agricultural production, as this immensely slowed down crop production as the high levels of dust and droughts would prevent anything from growing.]]> 2022-01-20 17:44:52 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003462153 https://padlet.com/maya_kirzner97/nicenice/wish/2003469937 In 1933, president Franklin D. Roosevelt enacted a series of reforms, public work projects, and regulations to improve the economically damaged America. The New Deal programs aimed to improve the lives of the unemployed and poor.]]> 2022-01-20 17:48:25 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003469937 maya_kirzner97 https://padlet.com/maya_kirzner97/nicenice/wish/2003471216 Up until this point, the US was on a gold standard which meant that all of the money they printed had to be backed by gold. This became an issue because they weren't able to print more money and weren't able to put it into circulation to help the economy. Going off of the gold standard helped the economy because it allowed new/ more money to be in circulation to help stimulate the economy.]]> 2022-01-20 17:49:03 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003471216 karacarr57_2 https://padlet.com/maya_kirzner97/nicenice/wish/2003475578 The great Mississippi flood occurred in 1927 and affected over 700,000. The damage was between 246 million and 1 billion dollars, harshly affecting the already struggling economy.]]> 2022-01-20 17:51:04 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003475578 https://padlet.com/maya_kirzner97/nicenice/wish/2003476188 At this time, the top 5% of American households was making 30% of the nation's wealth while the other 95% only made 70%. The extremity of this uneven wealth distribution kept increasing as time went on, leaving most of the population in poverty.]]> 2022-01-20 17:51:22 UTC https://padlet.com/maya_kirzner97/nicenice/wish/2003476188