A period of low economic activity and rising unemployment.

Slides:

Advertisements

Similar presentations

A Worldwide Depression

Advertisements

A Global Depression Europe After the War New Democracies Are Unstable

A Worldwide Depression

The Great Depression A Global Issue. U.S Economy Following World War I Immediately following war there was brief slowdown – economy exploded during the.

The Causes of the Great Depression

Worldwide Depression. Postwar Europe The Great War left every major European country nearly bankrupt Most European nations had democratic governments.

POSTWAR PROSPERITY CRUMBLES. END OF PROSPERITY Postwar prosperity turned to depression by end of 20’s. European farmland destroyed during the war. Farmers.

Worldwide Depression 7th Grade Social Studies – Harold E. Winkler Middle School.

A Global Depression Chapter 15, Section 2.

17-1.  Weak League of Nations ◦ US Senate refused to approve ◦ League members disagreed on using force  French Demands ◦ Strict enforcement of Treaty.

Warm Up What do you know about the Great Depression? What help do the unemployed need? Read page 424 and answer the question.

The Great Depression: (Or, how Americans were mostly to blame for a messed up global economy) SWBAT: Identify the causes of the Great Depression. Homework:

The Great Depression ( ). What was the Great Depression? The Great Depression: a period of very low economic activity and high unemployment that.

The Great Depression.

World War I and the Great Depression Timeline

Years Between the Wars Main Ideas: 1) Economic problems can change society’s political views. 2) In times of trouble, people are more attracted.

A WORLDWIDE DEPRESSION

Years Between the Wars Main Ideas: 1) Political views can be changed by economic problems. 2) The views of leaders can influence the political,

A worldwide depression

The Great Depression Standard Following World War I Many nations of the world experienced great economic growth. Unfortunately, this period of.

Causes of the Great Depression. Possible Causes of the Great Depression Stock Market Crash Over production Unequal distribution of wealth Consumerist.

A Worldwide Depression. Postwar Europe Unstable New Democracies Germany and new countries formed from Austria-Hungary No experience with democracy Existing.

A Worldwide Depression. Bell-work 3/7 At the top of your Cornell Notes “notes” box, predict what you think the condition of Germany will be after WWI.

German Weimar Republic. Europe After WWI After WWI, the Idea of Self Determination gave many countries Independence for the First Time Most Countries.

World Wide Depression 1930’s- through early 1940’s.

A GLOBAL DEPRESSION. WHAT DID EUROPE LOOK LIKE AFTER THE WAR? Most countries were nearly bankrupt Changing government created difficult climate.

The Futile Search for Stability Chapter 9 Section 1.

The Causes of the Great Depression. WWI Changes the system Countries overdeveloped their industrial sector to produce wartime goods. Countries overdeveloped.

Causes of the Great Depression. First a Review: The Stock Market Crash Not a Cause- but a Symptom of the Great Depression.

Great Depression.

The great depression.

THE GREAT DEPRESSION

The Rise of Fascism.

WHII: SOL 11b Great Depression.

The Great Depression.

The Great Depression Main Idea Why it Matters Now

Instability After World War I

7th Grade Social Studies – Harold E. Winkler Middle School

Modern World History Assign

Bell Ringer What does the branch represent?

Bell Work 1. What do you already know about the Great Depression?

Global Depression.

Interwar Period The Great Depression.

A period of low economic activity and rising unemployment.

The Great Depression Warm Up: Review Treaty of Versailles.

The Great Depression and the Rise of Dictators

The Great Depression: A Global Phenomenon

Global Depression 15-2.

Interwar Period The Great Depression.

Title Text Important changes took place in the 20 years between the two world wars ( )

The Great Depression.

The Interwar Period (Post WWI to 1939)

Causes of the Great Depression

Great Depression Hoover to Roosevelt.

The Global Depression Chapter 15, Section 2.

A period of low economic activity and rising unemployment.

The Aftermath of WWI Chapter 17 Section 1-2.

Spinrad/World History

Problems w/ the Banking Industry

Great Depression Background and causes.

Black Tuesday Stock Market Crash October 29, 1929 Result not Cause

The Great Depression.

Bell Work On a half sheet of paper: Predict the condition of Germany after WWI Things to consider: Type of government in place Effects of Treaty of Versailles.

Thursday, February 14th HW: Read pages Answer 1, 2, 6, and 7.

Global Depression By the late 1920s European nations were rebuilding their war-torn economies with loans from the US.

The Global Depression Chapter 15, Section 2.

The Global Depression Unit 6.

The Interwar Years: Worldwide Depression

Post War Europe.

Presentation transcript:

A period of low economic activity and rising unemployment. Global Depression (p 23) Learning Goal 4: Summarize the international, political and economic causes of the global depression and explain how the US, Germany and the Soviet Union responded to the economic depression. (TEKS/SE’s 11A,B,12B) Depression: A period of low economic activity and rising unemployment.

Causes of the Global/Great Depression War Debts in Europe Financial Crisis Stock Market Crash Poor Banking Management & Lack of Stock Market Regulations Causes of the Global/Great Depression Agriculture High Tariffs (taxes) Overproduction Industry

Causes of Global/Great Depression Overproduction Industrial and farming surpluses  deflation ( supply, demand) There were many layoffs, which led to higher unemployment War Debts in Europe Rebuilding effort + overdependence on American loans for financing WWI made Europe vulnerable to economic crisis in U.S.

Stock Market Crash US Stock Market crashed on Friday, Oct. 25, 1929 (Black Friday) Europe felt effects of crash, as foreign investors lost money Poor banking management and lack of stock market regulations in the US led to bank failures and loss of credit sources for Europeans Americans were heavily invested in Europe, but kept pulling out money to play the stock market W/o ability to borrow, Germany had no money to pay reparations Bank Runs and subsequent bank failures "It's A Wonderful Life" Bank Run Scene

Stock Market Video Link

United States Response Passed highest tariffs in history to protect US industries and block international trade Created modern welfare state with intro. of Social Security & unemployment Massive government effort made to create jobs through public projects New Deal – Franklin D. Roosevelt (FDR) Turned to strong leadership and elected FDR to 4 presidential terms in office

Great Depression in GERMANY Link

Germany’s Response Stopped paying WWI reparations Printed money  hyperinflation 1919 - $1 US = 9 German marks 1923 - $1 US = 4 billion German marks Weimar Republic (est. after WWI), blamed for economic problems By 1933 voters turned to strong leadership in Hitler and the Nazi Party People who used to be middle class rejected communism Hitler created employment and promoted nationalism by rebuilding for military effort

Soviet Union Response Stalin in power Saw Great Depression as failure of capitalism Prior to depression, Russia’s economy less integrated into world sphere and less industrialized Less affected by Great Depression Soviet Union’s industrial output increased during depression and provided job opportunities