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The Great Depression by Keigo.I, Stocks continued to fall, businesses…

- - - - (3) The gold standard required foreign central banks to raise interest rates to counteract trade imbalances with the United States, depressing spending and investment in those countries.
        
        (4) The Smoot-Hawley Tariff Act (1930) imposed steep tariffs on many industrial and agricultural goods, inviting retaliatory measures that ultimately reduced output and caused global trade to contract.
        
        What did the Great Depression Change?
- - - - When did the Great Depression End?
        
        In most affected countries, the Great Depression was technically over by 1933, meaning that by then their economies had started to recover. Most did not experience full recovery until the late 1930s or early 1940s, however. The United States is generally thought to have fully recovered from the Great Depression by about 1939.
- - - - Herbert Hoover (1874-1964), a Republican, was president when the Great Depression began. He infamously declared in March 1930 that the U.S. had “passed the worst” and argued that the economy would sort itself out. The worst, however, had just begun and would last until the outbreak of WWII (1939).
      - As businesses and farms closed during the Great Depression, an alarming number of Americans began turning to crime—such as Bruno Hauptmann, who kidnapped and murdered aviation hero Charles Lindbergh’s 20-month-old son; John Dillinger, a kind of Robin Hood hero; Lester M. Gillis (“Baby Face” Nelson); Machine Gun Kelly; Pretty Boy Floyd; Ma Barker and her Boys; and the famous Bonnie and Clyde, who were actually despised by other Midwestern bandits who felt they lowered the standard of the profession.
      - When the Depression struck, Mexican-Americans were accused of taking jobs away from “real” Americans and of unfairly burdening local relief efforts. Some were “encouraged” to return to Mexico.
      - On May 6, 1929, Joseph Stalin predicted to a small group of American communists that America would experience a revolutionary crisis and that the American communist party should be ready to assume the leadership of the “impending class struggle in America.
        
        During the Great Depression, hundreds of thousands of families traveled west on Route 66 to California, following what John Steinbeck in his famous novel The Grapes of Wrath called “The Mother Road.
        
        Severe drought and dust storms exacerbated the Great Depression because it dried out farmlands and forced families to leave their farms. On May 9, 1934, a dust storm carried an estimated 350 million tons of dirt 2,000 miles east ward and dumped four million tons of prairie dirt in Chicago. The drought and dust killed tens of thousands of animals.
        
        In the United States, nearly 1.5 million men left their families during the Great Depression, leaving wives and children to fend for themselves.