Question: What happened to cause the Crash and the Great Depression?

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Presentation transcript:

Question: What happened to cause the Crash and the Great Depression?

Economics of the 1920s Prosperity of Boom Years Result: investment Characteristics: Attitudes: Result: investment Problem:

Hidden Economic Problems Credit: Industrial Overproduction: Agricultural Overproduction: Capital Surplus: International Trade:

Hidden Economic Problems NO ONE FACTOR None of them are big problems by themselves

How did the stock market CRASH? Sept. 7, 1929: peak prices, sales begin Falling prices led to panic selling Oct.24, 1929: Black Thursday Oct. 29, 1929: Black Tuesday … by Nov., market saw losses of $30 BILLION