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The Young Plan
The young plan was the reduction of the reparations from 300 billion to 121 billion German currency. This helped Germany in the long run, due to the stock market crash the reparations were held for awhile. -
bank Failures
Banks throughout the US were closing down because of the bank runs. People wanted money out of the banks, and the bank didn't have enough money to give people. -
stock market crash
consider the worst economic events world history, stock market crash. Share prices on the New York stock exchanged collapses. -
Smoot-hawley tariff
This act raised tariffs to an all time high in America. This did not help the depression in any way. -
dust bowl
dust bowl was caused by the soil being very dry and along with this high winds caused very big storms. this made living conditions unbearable for people. -
reparation postponement germany
allies allow Germany a few months to pay back their reparations due near bankruptcy and hyperinflation. -
food riots
People didn't have enough money to buy food so they just starting taking it, starting riots. -
president
FDR was elected as. president over Hoover. FDR proved new hope for the people during the great depression. -
21st amendment
The 21st amendment is the ratification of the 18th, this helped the great depression because people could spend whatever money they had on alcohol and help the debt the US was in. -
First fireside chat
This was the first radio broadcast from FDR, telling the US that they were indeed in a depression and that he had a plan and was going to help -
gold reserve act
This act created the establishing exchange stabilization fund. This allowed the US to seize all gold held by federal reserve bank. -
Revenue Act
This act raised taxes for higher income people during the depression, and for companies.
