https://padlet.com/gabriel_citeli97/deh90xhi155h Great Depression Concept MAP HOA 1 en-us 2019-01-15 20:25:45 UTC 2019-01-17 19:48:50 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/348509292/5fa94cb9c754526d6d065d8ecb3afad0/icon.png gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/320992302 2019-01-15 20:30:42 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/320992302 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/320992745 2019-01-15 20:31:40 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/320992745 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321662357 was a period of severe dust storms in the 1930s]]> 2019-01-17 13:40:19 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321662357 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321664432 More goods were produced than people could afford to buy]]> 2019-01-17 13:44:18 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321664432 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321698739 Consumers bought products on credit, meaning they could buy higher priced goods and pay them off later]]> 2019-01-17 14:41:01 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321698739 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321699328 Buying stock on credit with hopes the stock will increase.]]> 2019-01-17 14:41:55 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321699328 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321699827 On Oct 29, 1929, prices collapsed on the NYSE]]> 2019-01-17 14:42:42 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321699827 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321700674 People flock to withdraw from their bank because of fear the bank will collapse.]]> 2019-01-17 14:44:00 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321700674 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321707091 Book by Karl Marx in which he described his theory of capitalistic systems and their tendencies toward self-destruction]]> 2019-01-17 14:53:58 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321707091 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321748757 U.S. President from 1929-1933. Considered by many as a "do-nothing" president]]> 2019-01-17 16:01:56 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321748757 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321750707 Raised tariffs on thousands of imported goods in 1930.]]> 2019-01-17 16:04:58 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321750707 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321755579 Speculating the future price of a stock]]> 2019-01-17 16:13:09 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321755579 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321824965 is the idea of a self-regulated economy.]]> 2019-01-17 18:04:01 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321824965 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321826970 When capitalism looked to fail, some turned to the idea of communism.]]> 2019-01-17 18:07:17 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321826970 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321828231 In the Depression, labor supply increased, but demand was low because companies couldn't afford to pay. This was caused by the demand of supplies decreasing, meaning price decreases; companies could no longer afford to hire people.]]> 2019-01-17 18:09:14 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321828231 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321830886 Alternating state of economic growth and decline]]> 2019-01-17 18:13:39 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321830886 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321832272 argued that the Great Depression was caused by the Federal Reserve]]> 2019-01-17 18:15:58 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321832272 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321834412 Created when Hoover was president to stabilize the nation's financial situation. During Hoover's administration, regulations were relaxed.]]> 2019-01-17 18:19:11 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321834412 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321837065 prevented currency values from fluctuating too much during the depression]]> 2019-01-17 18:23:52 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321837065 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321867544 Created in 1931 to help stop bank failure. Attempted to get surviving banks to lend money to failing banks]]> 2019-01-17 19:10:42 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321867544 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321869087 U.S. President from 1923-1929. Was pro-business and practiced a hands-off policy toward the economy]]> 2019-01-17 19:13:28 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321869087 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321871043 Workers were underpaid, meaning the top could make more profit while the bottom earned less money.]]> 2019-01-17 19:16:50 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321871043 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321878665 Shack-towns that were built by unemployed and homeless people.]]> 2019-01-17 19:29:30 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321878665 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321881321 People should give back to help others]]> 2019-01-17 19:34:29 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321881321 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321883625 Policies that leave the government out of the economy - an unregulated economy.]]> 2019-01-17 19:38:36 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321883625 gabriel_citeli97 https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321885521 WWI Veterans who traveled to D.C. to get government to give them compensation for missed opportunities while at war]]> 2019-01-17 19:42:03 UTC https://padlet.com/gabriel_citeli97/deh90xhi155h/wish/321885521