https://padlet.com/hector_tovar/5wmigef0kqvj the cause of the great depression en-us 2018-05-25 02:16:22 UTC 2018-05-25 03:26:59 UTC hello@padlet.com hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263522026 Before the great depression everyone's life was alright.

]]> 2018-05-25 02:22:42 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263522026 hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263523788 At the beginning of the great depression people were losing all of their money.]]> 2018-05-25 02:36:08 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263523788 hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263525112 The reason people were losing money is because the stock traders sold 12.9 millions shares of stocks. Then the stock market fell 23 percent]]> 2018-05-25 02:45:52 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263525112 hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263525626 Many people couldn't find jobs. The unemployment rate reached 25 percent]]> 2018-05-25 02:49:44 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263525626 hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263527155 Many lives were affected. Farmers lost their farms and at the same time a drought occurred in the mid-west. which made places that were fertile not fertile anymore.]]> 2018-05-25 03:00:48 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263527155 hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263527693 Many people ended up being homeless. Other people would move to makeshift towns called hoovervilles.]]> 2018-05-25 03:05:26 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263527693 hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263528266 Since the stock market crashed, People withdrew their money which interrupted the flow of the economy.]]> 2018-05-25 03:11:16 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263528266 hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263528702 The federal fund rate was risen which messed up everyone's economic status.]]> 2018-05-25 03:15:33 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263528702 hector_tovar https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263529332 When the stock market crashed, the gold standard supported the value of the dollars held by the US government. The fed then raised the interest on the dollar value to preserve it. It restricted the availability of money to businesses.]]> 2018-05-25 03:21:40 UTC https://padlet.com/hector_tovar/5wmigef0kqvj/wish/263529332