causes and effects of the depression
causes of the crash - The amount of income wasnt distributed easily so the rich recieved the most, stock market begins to specialize in finding stocks that would grow so you could sell share for profit, overproduction, nation economic restrictions etc.
effects of the crash - the amount of goods and services of the us dropped significantly.
domestic programs: too little, too late- farmers try to stabilize prices of goods but had to much beionoverproduced, and also stabilize loans to help key buisnesses which would later help smaller buisnesses.
, despair and protest-farmers fight banks to keep thieir farms and veterains form WW1 march to D.C some with wife and kids demanding thier payment and bonuses.
the election of 1932- Roosevelt takes presidency while also refusing assistance from previous republican president hoover.
Franklin D. Roosevelt
New Deal Philosophy - his philosophy on making change to depression with relief, recovery, and reform and went to the help of some college proffesors to help advice the U.S.
The First Hundred Days - a meeting between the government leaders to pass a group of Acts in response to the coming ?U.S panic. ex (WPA,AAA, CCC, NRA)
Other programs of the First New Deal - More groups/Acts passed to help support the that which came from the first hundred days.
The second new deal
Reforms- Making the government play a more supportive roll for farmers and industrial workers.
The Social Security Act- was an act thst took money from taxes to psy for the living of everyone sbove the age of 65.
The Election of 1936- Roosevlt wins election by a landslide over his opponent landon who was selected by the rich due to there dislike of roosevelt.