Great Depression
Black Tuesday
Unemplyment
Debt
Dust Bowl
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Deflation
Speculation
Buying on credit
New Deal
People saw the problems ahead, but did nothing about it
Prediction of the stock market crash
Everyone was in debt because they had bought everything with credit
Buy Now, Pay Later
Farmers suffered greatly because they could not get as much money for their crops to make a living
Prices of goods went down
Big blow out from build up of ignorance
Engine lights deflation and credit built up
No one had any money to pay off the loans they had barrowed
They had gambled with money that they didnt have
Farmers could not produce any crops
Thousands of farmers migrated to CA for work
There was no work for anyone
Farmers were being paid not to grow crops because they had so much
Laws that would help rebuild our country
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