HIST 106 Lecture Notes - Lecture 9: World War Adjusted Compensation Act, Bonus Army, Stock Market Crash
13 Dec 2017
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Makeshift space on land that they are squatting. Made from any material they could find. Mostly farmers affected by the dust bowl. Hoover was on his way to the festival of light. In that time approximately bil was lost when the stock market crashed (in a period of. In order to have a robust economy, you must have flow of money globally. Stock market crash not only cause of depression. 1929: immense real estate speculation in florida and california. Blind investment without seeing property and just flipping them. People were producing a surplus and were not able to sell goods. By 1930, 260 us businesses had failed. Mass taking out money of the stock market causing it to plummet. Depression doesn"t just affect the stock market, it affects people and ability to find jobs. Internationally, people had built up lots of debts because of ww1. Germany stops paying ww1 reparation debts to france and britain and thus france and.
