Soup Kitchens, Bread lines, Evictions, Foreclosures, Hobos, and lack of econ prosperity. Poor people took random items to make shelters out of, called hoovervilles b/c they blamed hoover for not doing anything. Weak Foreign Trade-after WWI, foreign economies were too weak to trade. Unequal Distribution of Wealth- poor had nothing, rich were fine. Overproduction-making too many goods, in which consumers didn't have enough money to buy them.
Margin Buying-buying into a stock and after it fails, having to pay back the stock broker.įorced Selling-selling stocks for less then you bought them for. Speculation-people thinking the stock market was high in worth, and then it crashed
APUSH Ch 24-27 New Deal, WWII, Cold War Question
