USA 1919-1939


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  • USA 1919-1939
    • Wall street crash
      • 1929 the market crashed
      • 5000 Banks closed
      • Production dropped to 45%
      • The reasons for the wall street crash:
        • Over production of consumer goods and not core things eg Coal
        • Over Speculation
          • Getting loans people couldn't pay back
            • Banks over lending and them not being stable
        • Tariffs on both US and European goods.
    • The Great Depression
      • 1932 - 1941
        • The depression ends when America joins world war 2
      • 13 Million Unemployed
      • The unemployed qued in soup kitchens
      • It started a world financial crisis
      • Many lived in shanty towns called Hoovervilles.
    • 1932 Election
      • Roosevelt
        • He wanted to stop the depression
        • He promised to help the people
        • Hoover helped him in what he had done when he was in power
        • He wins
      • Hoover
        • He was the presedent when the wall st crash happened and when the depression started
        • He said that the people of America have to solve there own problems this made him very unpopular
          • Hoover helped him in what he had done when he was in power
    • Roosevelt comes into power
      • The First 100 days
        • 9th March - 16th June 1933
        • Economy act
          • Cut all government budgets to go into new more helpful plans of action to put into the economy
        • Alphabet Agencies
          • Plans to help all problems
            • CCC -Civillian Conservation Corps
              • Got unmarried men to build schools, hospitals roads est and gets money to set up a life
          • AAA-Agricultural Adjustment Administration
        • Emergency Banking
          • Opened up 5000 trust worthy/ stable banks re-opened
            • Rules were made to stop over speculation

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