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(5.relief programs (effect: he made massive projects to keep people…
5.relief programs
effect: he made massive projects to keep people getting payed and things still getting done. they made giant structures such as hoover damn, the empire state building, and many other giant structures.
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effect: we joined the war and the funds that came in from the war and reimbursements from Germany Britain and France helped us out of the great depression
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effect: people couldn't make any money from stocks and the people who did make money off them couldn't sell them for anything.
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cause: the stock market crashed and everyone tried to get their money out of the bank but couldn't because they had no physical money to give out.
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effect: The Dust Bowel. no crops were being produced. nothing could grow and their was no plant in the earth to hold the earth down so ground flew causing dust storms.
1.credit
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cause:people were buying everything on credit. the bank started to throw out money like candy. weather they had the ability to pay or not.
effect: in the end it started to cause more problems than it solved.Along with this alcohol was a huge money industry.
cause: nobody saw a change in anything as far as behaving. but it did the opposite it was supposed to stop violence and illegal stuff but it caused more with bootlegging.
- banks running out of physical money.
cause: everyone started to buy everything in credit and the bank was handing out loans and other financial aids like candy.
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