2B by Victoria Leydecker https://padlet.com/victoria_leydecker/390dr1rbeonx Great Depression Causes en-us 2018-03-01 15:46:47 UTC 2018-03-01 16:10:30 UTC hello@padlet.com Group 1 victoria_leydecker https://padlet.com/victoria_leydecker/390dr1rbeonx/wish/236978145 1. Banks placed customer's money in stock market without their knowledge. Stocks were booming prior to this point. In March 1929, they experienced a mini-crash. Many industries started to decrease production (steel/housing etc)

2.Investments and stocks and property and other ventures with risk of loss.Margin is buying from bank. 

3. Pres Hoover want support from charity not from the government regulation.
4. Free market economists/government allocation of resources is inefficient. ]]> 2018-03-01 15:47:22 UTC https://padlet.com/victoria_leydecker/390dr1rbeonx/wish/236978145 Group 2 victoria_leydecker https://padlet.com/victoria_leydecker/390dr1rbeonx/wish/236978207 1.To protect American Businesses and farmers. Keep business in US.
2. The European Union took too much debt. 
3. Europeans disprove of the tariff. They could not pay off their debts. 
4. Yes, because it wouldn't have caused debt or damages to form.]]> 2018-03-01 15:47:27 UTC https://padlet.com/victoria_leydecker/390dr1rbeonx/wish/236978207 Group 3 victoria_leydecker https://padlet.com/victoria_leydecker/390dr1rbeonx/wish/236978272 1. Bankers and investors had the most to lose. 
2. A bank run is when a number of people go withdraw their funds from the bank in fear of losing them. 
3. 1929 650 bank fail- Over 1300 in 1930
4. If banks became insolvent , there was no coincidence in the ability pay back loans. ]]> 2018-03-01 15:47:33 UTC https://padlet.com/victoria_leydecker/390dr1rbeonx/wish/236978272 Group 4 victoria_leydecker https://padlet.com/victoria_leydecker/390dr1rbeonx/wish/236978326 1. un-Anchored soil blown about by strong winds/drought.
2. Kansas, OK, CO, New Mexico (Midwest)
3. A lot of farmers had to sell farms and land (30-50% crops failed.) Because Pres Hoover didn't offer support programs, people were homeless and lived in shanty/homeless camps called hoovervilles. Moved to Cali
4. Okies= Migrants from OK ]]> 2018-03-01 15:47:38 UTC https://padlet.com/victoria_leydecker/390dr1rbeonx/wish/236978326