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Causes of the Great Depressin

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Causes of the Great Depressin
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Storyboard Szöveg

  • Invention of the Stock Market
  • You should invest get money
  • I can get money too.
  • Agricultural Struggle
  • I need to sell all this food!
  • Cheap Food
  • We need more money
  • Low Demand, High Unemployment
  • I am going to need to lower your pay check.
  • Im quiting!
  • The stock market was a good thing to invest in to get money.
  • Stock Market Crashed
  • Stock Market going down.
  • Farmers overproduced foods which made prices go down. Since the prices went down farming declined and made farmers in debt.
  • President Was Bad
  • Too late!
  • Here is new transportation.
  • Why did the imports fall by 40%?
  • Companies lost money so they had to lower the workers pay check which made workers quit.
  • Tariff
  • The stock market crashed which made people poor because when they wanted to sell it but no one wanted to buy stocks since it was going down.
  • President Hoover tried to help the economic crisis by building public work projects, but it was to late.
  • The Tariff Act of 1930 raised about 20% tariffs on foreign products. This made other countries to put tariffs on US products. US imports fell by 40%.
  • Because we put tariffs on other countries products.
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