Impact of Great Depression on Americans. A large number of banks and businesses failed: – Banks do not hold large amounts of cash. – Banks ran out of

  • View
    214

  • Download
    0

Embed Size (px)

Citation preview

  • Slide 1
  • Impact of Great Depression on Americans
  • Slide 2
  • A large number of banks and businesses failed: Banks do not hold large amounts of cash. Banks ran out of money when too many people wanted to withdraw their savings
  • Slide 3
  • Slide 4
  • of workers were out of jobs: Unemployment: the number of workers without jobs People could not afford their house payments or apartment rent
  • Slide 5
  • Slide 6
  • Slide 7
  • Large numbers of people were hungry and homeless: Some people built shelters out of tents, flattened tin cans, and cardboard boxes Groups of these shelters were called shantytowns Long lines were found at community soup kitchens
  • Slide 8
  • Slide 9
  • Slide 10
  • Farmers incomes fell to low levels: Crop prices were so low that some farmers found it cheaper to burn grain than coal Farmers in the Midwest had difficulties with a massive drought known as the dust bowl
  • Slide 11
  • Slide 12
  • Slide 13
  • Exit Ticket What do you think had the biggest impact for Americans during the Great Depression? Why? 5 sentences