Wall Street Crash og Depressionen

What were some of the steps that led to the Wall Street Crash in 1929, according to the text?

People were buying stocks to then sell them again after some weeks. Prices went more and more up on the stocks. Many started to sell the stocks and have doubts.

What were some of the consequences of the Wall Street Crash?

People were unemployed which lead to less money in their hands. Less money causes people to spend less money. Factory’s would then later make more products then whey would sell, and when they don’t have to make as many products as before, then they don’t need as many employers. That way more and more people started to be unemployed and have less money in their hands.

How did farmers suffer from the fall-out of the Crash?

Their costumers would have less money after the unemployment, which would make it harder for the farmers to sell their products because nobody had enough money for a fair price.

How were President Herbert Hoover’s and democratic candidate for president Franklin D. Roosevelt’s plans for fighting the Depression?

Hoovers plans were to balance the budget and to restore businessmen 's confidence in the future, so that they would begin to take on workers again.