The economic boom-and-bust in America in the 1920s and 1930s. 5-4.2 Summarize the causes of the Great Depression, including overproduction and declining.

Slides:

Advertisements

Similar presentations

The Great Depression.

Advertisements

The Great Depression. Rising Market  The rising stock market dominated the news  People who were invested were waiting for the fall of the Market, so.

The Great Depression

The Great Depression Depression

Unit 11: Texas in the Great Depression and World War II

The Great Depression.

The Market Crashes The market crash in October of 1929 happened very quickly. In September, the Dow Jones Industrial Average, an average of stock prices.

The Stock Market Crash of 1929, Great Depression, Dust Bowl, Franklin Roosevelt and the New Deal SS5H5: The Student will explain how the Great Depression.

Analyze the causes and consequences of the Great Depression.

In the late 1920’s, there were many signs of economic peril. Workers’ wages did not rise with the cost of living. Business production slipped as demand.

Jelesha Murphy Mrs. Dirks. Economy was booming by 1921 American manufacturing industry grew Auto mobiles Consumer goods Radios Vacuum cleaners Washing.

 Farmers in trouble  Industries in trouble- RR, steel, textiles  Credit- People buying in credit and installment plans  Buying on the Margin  Lead.

The Causes of the Great Depression

Roaring Twenties After World War I, the United States entered a time of economic growth that improved the lives of many Americans. Businesses grew in the.

The Great Depression OPEN Category FDR’s New Deal Important People Problems The Great Depression $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 Final.

The Great Depression SS 10 Ms. Rebecca. Before we start, let’s write about The Grapes of Wrath Take out a piece of paper. Write one full page about how.

Causes of the Great Depression

The Great Depression Chapter 5 Lesson 20 TCAP Coach.

Great Depression Economic disaster that hit the United States following the stock market crash of 1929 It involved widespread business failure.

The Stock Market and the Great Depression Watching the economy crumble.

The Great Depression Depression & the New Deal – Chapter 25.

71% of the population earned less than $2,500 a year Increasing personal debts due to “credit” Overproduction in factories and farms causing prices to.

1930’s Chapter 11 Notes.  Gross national Product (GNP) – the value of goods and services produced in a nation during a specific period  GNP increased.

14 sec.1 Nation’s Sick Economy. Economic Troubles Housing boom faded Railroads lost business Mining & lumbering suffered.

Learning Standards: SS5H5a SS5Ec Essential Question: What was the Great Depression and how were millions of people affect by this event?

Causes of The Great Depression

THE GREAT DEPRESSION BEGINS Photos by photographer Dorothea Lange.

Stock market crash Didn’t realize the effect it would have No money to replenish what was borrowed Many men committed suicide because they lost.

The Great Depression Section 1. An Economy in Trouble The 1920’s were prosperous for Americans, but not everybody Farmers were hit especially hard because.

The Great Depression. The Roaring Twenties Following the end of WWI, Americans were ready for life to go back to normal. Following the end of WWI, Americans.

The Great Depression. General Causes of the Great Depression  Global Depression  European World War I debts went unpaid  Consumer debt  Credit  Lack.

’s THE GREAT DEPRESSION Black Tuesday October 29, 1929 The stock market crashed further than ever before. This was the end of the great economic.

A.Causes of the depression 4. Suffering world economy – Europe has been in a depression since the end of the Great War in Consumer Debt – too.

The Economics of the Great Depression Mr. Bach United States History.

The Great Depression ’s Problems Factories making Too Much, Farms growing too much Factories Fire Workers (Don’t need them) Farm Prices fall.

The 1929 Stock Market Crash, Bank Failures and the Great Depression.

 The Great Depression  Stock Market  Stocks  Drought  The Dust Bowl  Soup Kitchens  Herbert Hoover  Franklin Roosevelt  Duke Ellington  Margaret.

Objective: To examine the causes of the Great Depression Do Now: How did an increase in wages help cause an economic boom?

Unit 3 THE GREAT DEPRESSION The Nations Sick Economy Economic Troubles on the horizon 1. Industries in trouble 2. Farmers need a lift 3. Consumers.

Stock Market Crash October 1929 [Corel]. United States-Economy Economic Boom Lending money “Bull Market” More risk takers, buying stock on margin, bought.

1920s saw increase in consumerism, stock market Farmers compiled huge debts Industrial workers’ wages increased, but not as much as their production Corporations.

The Modernization of Quebec Unit 6. The Government Today the Government of Quebec plays a large part in the life of its citizens. Most people pay taxes.

The Stock Market and the Great Depression Watching the economy crumble.

Buying on Credit People could buy consumer goods by paying a weekly installment. Individual stores offered “credit” to customers. If used responsibly buying.

Stock Market Crash Mr. Williams. What was life like for many Americans during the 1920s? How did they achieve this lifestyle?

CAUSES OF THE GREAT DEPRESSION. Today’s Objective ◦ After today’s lesson, students will be able to… ◦ Explain the underlying economic factors and causes.

A Brief History The roaring 20’s The Great Depression A Tragic Low.

CAUSES OF GREAT DEPRESSION U.S. History/Gonzalez.

THE GREAT DEPRESSION Depression Begins, The Roaring Twenties have gone Silent  (WWII)  Worst economic crises in history  Americas.

 I hope you had a great break! As we start a new year let’s think about goals and resolutions:  Write one goal you have for school.  Write one goal.

 Though the economy of the United States appeared to be prosperous during the 1920s, the conditions that led to the Great Depression were created during.

Chapter #15 The Great Depression. Causes American industry over- expanded production. Too much supply=low demand ($) for products.

II- The Ripple Effect The stock market crash of 1929 was only the first cause of the Great Depression Further economic catastrophes will build on the damage.

The Stock Market Crash of 1929, Great Depression, Dust Bowl, Franklin Roosevelt and the New Deal SS5H5: The Student will explain how the Great Depression.

The Great Depression Leading up to the Crash  Leading up to 1929 things looked good to the average investor. Banks were loaning money faster.

Causes of the Great Depression ■The 1920s were a decade of consumer spending & the economy looked healthy on the surface: –Income did increase in the 1920s,

1930’s Chapter 11 Notes.  Gross national Product (GNP) – the value of goods and services produced in a nation during a specific period  GNP increased.

The Great Depression. Essential Question: The stock market crash of 1929 ended the economic boom of the 1920s and started the Great Depression of the.

The Great Depression SWBAT: Explain the causes of the Great Depression and how Hoover responded.

The Great Depression 1929? How was life in the 1920s?

CAUSES OF THE GREAT DEPRESSION. Definition of the Great Depression ► An economic depression in the United States and Europe ► Lasted from

The economic boom-and-bust in America in the 1920s and 1930s Summarize the causes of the Great Depression, including overproduction and declining.

In the 1920s, millions of people bought stocks (a share of a company owned by individuals or groups) on speculation. Speculation means that they bought.

The economic boom-and-bust in America in the 1920s and 1930s.

The Great Depression & The New Deal

Bell Ringer What time period does this cartoon depict?

The Great Depression ( ).

Chapter 23 Section 1 Hoover and the Crash The Great Depression.

The Great Depression

The economic boom-and-bust in America in the 1920s and 1930s.

Presentation transcript:

The economic boom-and-bust in America in the 1920s and 1930s Summarize the causes of the Great Depression, including overproduction and declining purchasing power, the bursting of the stock market bubble in 1929, and the resulting unemployment, failed economic institutions; and the effects of the Dust Bowl.

The Stock Market Crash The stock market crash of 1929 marked the end of the economic boom of the 1920s and the start of the Great Depression in the 1930s. ▫It exposed the economic weaknesses of the United States.

The Stock Market Crash Not everyone could buy the products that came from American factories because wages were low and farm prices were depressed. Although some American consumers had been able to continue to buy using credit, such borrowing could not be sustained.

The Stock Market Crash When investors recognized this slowing of the economy, they suddenly began selling off their stocks. This sale was made worse because some investors had borrowed in order to buy stocks and could not pay off their loans as the value of stocks declined. The stock market crash resulted. Turn to page 322 in your social studies text and read the section on the Stock Market Crash.

The Stock Market Crash Similar to what happened to farmers following WWI a decade earlier, factories suffered from overproduction and many industries began to lay off workers as the decade came to an end. Depression: Unemployed: the Unemployed Union: marchers south on Broadway: Camden New Jersey typical scene reflecting large population of unemployed in desperate need of work and looking for jobs,

After the Crash… Once the stock market crashed, a domino effect of economic struggle began to occur. ▫Unemployment continued to rise. ▫Consumers were unable or unwilling to buy, so businesses failed. ▫Failed businesses laid off more workers.

After the Crash… ▫Unemployed borrowers were unable to pay off their bank loans. ▫Loss of confidence in the baking system lead many people to try to withdraw whatever savings they had. ▫With limited income from loan payments, the banks could not pay their depositors. Such runs on the banks caused bank failures. People lost what little money they had been able to save.

The Great Migration begins! Many people (black and white) migrated to the north to… ▫Find jobs ▫Avoid prejudice ▫Leave miserable farm economy (Dust Bowl)(Dust Bowl) Double click on Dust Bowl to go to a website relating to the Dust Bowl. Photograph of a Shack for Negroes Only at Belle Glade, Florida

The Dust Bowl Farm Security Administration: Destitute pea pickers in California. Mother of seven children Dust Storm in Rolla, Kansas; “05/06/35; Dear Mr. Roosevelt, Darkness came when it hit us. Picture taken from water tower one hundred feet high. Yours Truly, Chas. P. Williams.” Photo: Massive Dark cloud approaching village in forefront.

Life of an American in the 1930s No job, no money, no home, no food! ▫Homeless people made shanties (make-shift homes) made out of scrape lumber and empty boxes in parks and other public places called “Homerville's” named after president Herbert Hoover. Photograph of Shanties at the Santo Tomas Internment Camp

Life of an American in the 1930s No job, no money, no home, no food!  Many men and women took to the highways or rode the trains from town to town looking for work or a handout and became know as hoboes. Between Bakersfield and Fresno, California. On the Freights. Twenty years old and he has been hopping freight cars on the bum for two years

Life of an American in the 1930s Roseville, Placer County, California. On the Freights. Five o’clock in the morning in Roseville switch yards for freight going over the Sierra Bakersfield, California. On the Freights. Helping a newcomer hop a freight.

Work cited ca Collection FDR-PHOCO: Franklin D. Roosevelt Library Public Domain Photographs National Archives Identifier: /1945 Records of the Office of the Secretary of Agriculture National Archives Identifier: /14/1935 Franklin D. Roosevelt Library Public Domain Photographs National Archives Identifier: ca. 2/1936 Collection FDR-PHOCO: Franklin D. Roosevelt Library Public Domain Photographs National Archives Identifier:

Work cited 1945 Records of the Office of the Chief Signal Officer National Archives Identifier: /19/1940 Records of the National Youth Administration National Archives Identifier: /11/1940 Records of the National Youth Administration National Archives Identifier: /11/1940 Records of the National Youth Administration National Archives Identifier: