Great Depression

GREAT DEPRESSION

Great Depression• Great Depression- 1929-1941 period of

extremely high unemployment and economic disparity

Great Depression• Stock market crash of 1929- Billions of $ lost, 16

million shares of stock were sold• Black Tuesday- Oct. 29th 1929

Great Depression

• Overproduction- producing to much• Under Consumption- consumption of less than

in produced.

Dust Bowl• Dust Bowl- term used for the central and southern

great plains region of the U.S. during the 1930’s which suffered from drought and dust storms.

Dust Bowl

Dust Bowl• Migration west- over 800,000 people moved

westward to find jobs and new homes.

Social and Political Impacts• Unemployment- 1929= 3% of pop. unemployed• 1933= 25% of pop. unemployed• Hoovervilles- makeshift shantytowns of tents and

shacks built on public land or vacant lots. Named after president Hoover.

Hoovervilles