HIST 1378 Study Guide - Midterm Guide: Asian Americans, Southern Christian Leadership Conference, Tripartite Pact
Document Summary
Throughout 1928, the american stock market saw the number of shares traded daily soar. On october 29, 1929, the american stock market all the gains of the previous year. All of the following factors were causes of the great depression except conservative banking policies that restricted the availability of loans. In the late 1920s, the european demand for agricultural and manufacturing goods from the. After 1929, in the face of the worsening global economic crisis, the united states refused to alter the payment schedule of debts owed by european nations to america. In 1931, the severity of the depression increased when the federal reserve board raised interest rates. In 1932, the unemployment rate in toledo, ohio, was one of the worst in the nation at 80 percent. During the great depression, in the rural united states one-third of all farmers lost their land. I(cid:374) the (cid:1005)(cid:1013)(cid:1007)(cid:1004)s, the (cid:862)dust bowl. (cid:863) was a product of changing environmental conditions.