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Great Depression (Credit (Cause: Stock market was doing well; Farmers need…
Great Depression
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Cause:Low employment, no money, too much money and too much food.
Effect: Death, unemployment, no money, no food.
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Cause: Farmers were getting new equipment that made farming efficient, needed money.
Effect: Broke people, no more money, no jobs, people couldn't live.
Cause: Banks lost money, caused businesses to lose money so they couldn't pay employees.
Effect: People went into debit, People didn't have the money they were talking from banks.
Cause: Loans, Farmers needed new equipment, New inventions.
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Effect: people with no money, no food, no home, no nothing
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Cause:No money, took money out of reserves, lost money in reserves, debt, loans.
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Cause: Credit, people not paying back, banks not loaning correctly.