To become millionaires.
A depression or some other disaster.
More bank failures.
Prosperity to continue.
Rising farm prices.
Rising stock prices.
Small business owners.
The middle class.
Record savings rates.
Dramatic drop in the price of cotton.
An increase in personal debt.
The domination of industry by huge corporations.
Demand for safe, secure investments.
Lack of faith in the stock market.
Farmers and factory workers.
Brokers and speculators.
Wages decreased and the economy appeared weak.
Unemployment was at an all-time high.
Stock prices rose and the economy appeared healthy.
Small business dominated American industry.
The failure of many rural banks.
Underproduction of consumer goods.
An increase in personal savings.
The collapse of large corporations.
Investors bought record numbers of shares of stock.
Bankers pardoned personal loans and mortgages.
President Hoover warned Americans to stop investing.
Investors raced to get their money out of the stock market.
Increased factory production.
A brief period of rising profits.
Higher farm prices.
Unemployment for millions of Americans.
The divorce rate nearly tripled.
Banks pardoned thousands of farm mortgages.
Hoovervilles sprang up in the nation's cities.
Most industries gave top jobs to married women.
Only those who had invested heavily in stock.
Wealthy industrialists almost exclusively.
Millions of Americans, many of whom had never owned stocks.
Mainly stockbrokers and banks.
High-paid office workers.
Had to print new money.
Could not return depositors' money.
Had invested in European banks.
Charged too high an interest rate.
High interest rates.
A decline in housing construction.
Laid-off workers losing their homes.
Began to irrigate crops.
Could not pay their mortgages.
Combined households to save money.
Destroyed crops to protest low prices.
Affected only the German economy.
Boosted American investment in Europe.
Led to a worldwide depression.
Increased demand for American-made goods.
Lack of farmers.
Lack of speculators.