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Mnemonic learning Y11 - 8 effects of depression

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Mr Eccles
Mr Eccles
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Mnemonic Learning XIIIEffects of the Depression What were the effects of the Depression on America?
BUST UP B - Banks closed U - Unemployment S - Savings lost T - Taking Homes U - Unhappy Public P - Pensions (Bonus Army)
B – Banks closed Banks had invested in shares and lost money customers had placed with them.    People withdrew their money and people who had borrowed money to invest couldn’t pay it back.    In 1929 alone more than 700 collapsed. U - Unemployment ,[object Object]
For those in work wages were cut by 25%.
Many took to the roads to find work becoming tramps or Hobos.,[object Object]

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Mnemonic learning Y11 - 8 effects of depression

  • 1. Mnemonic Learning XIIIEffects of the Depression What were the effects of the Depression on America?
  • 2. BUST UP B - Banks closed U - Unemployment S - Savings lost T - Taking Homes U - Unhappy Public P - Pensions (Bonus Army)
  • 3.
  • 4. For those in work wages were cut by 25%.
  • 5.
  • 6.
  • 7. Between 15,000 – 20,000 veterans marched to Washington DC and set up a Hooverville.
  • 8. The army was called in to disperse the Bonus Army and 2 veteran were killed and over 1000 injured.