The Great Global Depression 1929-Early 1940s. 1. What was the Great Depression? 2. When did it start and when did it end? The Great Depression was an.

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Presentation transcript:

The Great Global Depression 1929-Early 1940s

1. What was the Great Depression? 2. When did it start and when did it end? The Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about It was the longest and most severe depression ever experienced by the industrialized Western world.

3. What happened on October 1929? The Great Depression may be said to have begun with a catastrophic collapse of stock-market prices on the New York Stock Exchange in October Besides ruining many thousands of individual investors, this decline in the value of assets greatly strained banks. Many banks were consequently forced shutdown.

4. By 1932 what percentage of German workers did not have jobs? The Great Depression began in the United States but quickly turned into a worldwide economic slump owing to the special relationships that had been forged between the United States and European economies after World War I. The Depression hit hardest those nations that were most deeply indebted to the United States, i.e., Germany and Great Britain. In Germany, unemployment rose sharply beginning in late 1929, and by early 1932 it had reached 6 million workers, or 25 percent of the work force.

5. Which country had the lowest percentage of industrial workers unemployed in 1933? Which country had the highest?

Analyzing Photos Analyze any three (3) photos and for each answer the questions below. A.Where do you think the photo was taken? B.What do you think the photos is about? C.What does the photo tell you about life during the Great Depression?

Video Clip market-crash market-crash

Sources