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A788D4DB-9DC7-43C6-BD3F-3B36146FDE7E - Coggle Diagram
Farmers
Troubled
By
Tech
Increased
Production
Supply
Greater
Demand
Reduced
Price
Not
Upgrading
Tech
Couldn’t
Complete
Couldn’t
Repay
Loans
Complete
With
Tractors
Labor
Was
Needed
Less
Migration
For
Work
Jobs
Were
Limited
Consumer
Demand
Was
1 more item...
Beginnings
Econ
Goes
Down
Downture
Increased
Depression
Up
Panics
Banks
Consumers
Bought
Stuff
On
Credit
Can’t
Pay
Loans
Depleated
Banks
Demanded
Remaining
$
Closed
Survival
People
Cut
Spending
Still
Needed
Food
Shelter
Clothing
Hoover
Urged
Help
Agencies
Charities
“Bread lines”
Cities
Unemployment
25%
“1 in 4”
Above
14%
Until
1940
Housing
Lost
Moving
With
Relatives
Hoovervilles
Crash
L20s
Factories
Fireing
Umimploiment
+
People
Buying
Less
Hoover
Assured
America
Was
Wrong
10/29
Deepens
Econ
Spirals
Tariffs
Taxed
Importss
Protected
Domestic
Farmers
Hurting
America
Growers
Despite
Hoover’s
Attempt
$
For
Projects
Roads
Bridges
Works
Loans
Banks
Industry
Credit
Used
For
Stocks
Investors
Hoped
For
Profit
Prices
Fall
$
Is
Owed
Lose
Everything