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The Great Depression (stock market (the stock market crashed, people lost…
The Great Depression
stock market
the stock market crashed
people lost money
poverty
high levels of debt
weren't able to buy basic needs
unemployment
less jobs
failing companies
deflation
collapse of investment
consumer prices affected
herbert hoover
lent money that pushed banks to suffer
pushed prices higher then usual
black tuesday
borrowed money to buy stocks
the start of a ten year depression
decline production
less money coming into peoples wallets
no more consumers
reduction of global trade
no variety of products
banks leading money
crash affect banks
many went into debt