The Great Depression
Timeline to the Great Depression
- Farmers continued to face hard times
- Investors borrowed money from banks to buy stocks
- stocks continued to rise for six years
- in 1929 stocks began to fall
- On October 29, 1929, stock prices dropped dramatically (the Great Depression)
How did FDR, (Franklin Delano Roosevelt) pull the country out of depression?
Roosevelt launched something called the New Deal. This series of domestic programs aimed to fix problems brought on by the Great Depression. The programs included relief for the poor, jobs for the unemployed, recovery for the economy, and economic reforms to prevent another depression.
What caused the Dust Bowl and how did it affect farmers in Texas?
What caused the Dust Bowl was farmers over planting wheat and have that wheat dry off to be blown away by strong windstorms. It affected the farmers by having the blowing dust seep into homes, suffocate some livestock, and cause people to have lung problems.
Which New Deal programs were important to Texans?
- A law that was built to deal with stocks so another stock market crash wouldn't happen
How were tenant farmers and miners affected by the Great Depression?
Farmers in Texas didn't have electricity and miners went unemployed.