MHS US/VA History Unit 7.4 Presentation - Writing Intensive

The unemployment rate reached 25% in 1933.

The Smoot-Hawley Tariff Act worsened the depression by causing other countries to enact retaliatory tariffs.

Drought and erosion in the Midwest caused by over-farming resulted in hundreds of thousands of homeless farmers.

A. The loss of farms and immigration of farmers further west.

B. The death of many people and livestock.

C. A complete reversal when the drought ended in 1939 and an agricultural boom.

Prohibition

Communism

Overspeculation

Bankruptcy