Please enable JavaScript.
Coggle requires JavaScript to display documents.
The Great Depression (Deflation (collapse of investment, consumer prices…
The Great Depression
Deflation
collapse of investment
consumer prices affected
Black Tuesday
a ten- year economic slump
borrowed money to purchase more stocks
reduction of global trade
no variety of products
less allies and more enemies
Poverty
were not able to purchase basic needs and necessities
high levels of debt
Herbert Hoover
lent money which cause banks to suffer
pushed prices even higher than normal
declined production
no more consumers
less money coming into peoples pockets
Unemployment
failing companies
less jobs and layed of workers
Stock market
the stock market crashes
people lose jobs and money
banks lending money
crash that affected banks and consumers
many went into debt and misery