Cause

1
Cause Effects of the New Deal
2
Causes of the New Deal

• Stock market crashes
• Failure of farms and businesses
• Shark decline in prices and production
• Failure of banks
• Massive unemployment and low wages
• Homelessness and hoovervilles
• Drought, crop failures and Dust Bowl

3
Effects of the New Deal

• Millions employed in new government programs
• Banking system is stabilized
• Regulated stock marked restores confidence
• Social-insurance programs aid elderly and poor
• Agricultural and subsidies help farmers
• Government takes more active role in the economy
• Welfare State