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US History Chapter 12 Study Guide 1

AB
farmers experiencedearly depressiom in the 1920's
1929 s tock market crashinvestors lost confidence and rushed to sell
spread of Great Depression overseasUS curtail investments in Europe
factor hide economic problems 1920'spurchase of goods on credit
Black TuesdayInvestors sold q6 million shares of stock
Europeans react to Hawley-Smoot Tariffpassing high protective tariffs
plight of farmersfalling crop & livestock prices
farmers contribute to Dust Bowlintensive farming remove protective grasses
Hoover responsebusiness cycle correct itself
need for new leadership in 1932volunteerism % trickle-down economics failed
banks first to feel crashlose conficence & depositors remove money


SD

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