13. Causes of the Great Depression

When companies produce too much of a product & can't sell it:

When the public is unable to buy enough to keep up with how much is being produced:

Buying products with money loaned from a bank; Makes it possible to buy expensive items without saving up for them.

When banks loaned money to people to buy stocks:

When a large number of people began selling most of their stock; Caused panic & more people began selling their stock.

Environmental disaster that hit farmers on the great plains; Large dust storms made it impossible to farm:

Refers to the number of healthy people willing to work & unable to find any:

Camps of homeless people in homemade shacks:

Won the election of 1932 & began his New Deal programs to try & solve the problems of the Great Depression:

A series of programs aimed at providing relief, recovery, & reform during the Great Depression: