The 1930’s: Depression and War. Causes of the Great Depression Financial Crisis: outcome of Versailles Problems of production/distribution in World Markets:

Slides:



Advertisements
Similar presentations
Chapter 23 The Great Depression.
Advertisements

The Interwar Period
Worldwide Depression. American Depression RECAP  October 29, 1929  stock market crashes on Black Tuesday  businesses, investors, people (who didn’t.
The Stock Market Crash Mr. Dodson.
“THE Collapse and Recovery of Europe”
A Worldwide Depression
Kagan Ch. 27, pp Weimar Republic, Great Britain and France.
The Great Depression. What was the Great Depression? Time of economic crisis characterized by high unemployment during the 1930s, the beginning is marked.
1920) World economy = a delicately balanced house of cards. Key card that held up the rest was American economic prosperity. HoJun.
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.
Station 1. UNEQUAL DISTRIBUTION OF WEALTH OVER PRODUCTION HIGH TARIFFS AND WAR DEBTS CAUSES OF THE GREAT DEPRESSION AGRICULTURE 2 INDUSTRY MONETARY POLICY.
The Great Depression. Defining Depression What is an economic depression?
CAUSES OF THE GREAT DEPRESSION. THE GREAT DEPRESSION KWL ON YOUR PINK POST IT NOTE WRITE SOMETHING THAT YOU KNOW ABOUT THE GREAT DEPRESSION ON YOUR YELLOW.
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.
{ The Great Depression (in 45 minutes).  WWI caused the US to have the best economy in the world and it grew rapidly in the 1920s  Farms and factories.
17-1.  Weak League of Nations ◦ US Senate refused to approve ◦ League members disagreed on using force  French Demands ◦ Strict enforcement of Treaty.
Towards the Great Depression. Name several financial crises in European History.
1 Objective: To examine the causes of the Great Depression.
Post World War I Mr. Patten Mrs. Kempton. Post-War Problems Immediately after WWI the largest problem was finding jobs for returning veterans and rebuilding.
The 1930s / The Great Depression (Chapters 15-16) ODE STANDARD: The Great Depression was caused, in part, by the federal government’s monetary policies,
The Great Depression.
Weimer Republic- Germany’s democratic government that was established after WWI. Inflation- When the value of a currency decreases. Black Tuesday- Oct.
AP World History POD #25 – American Supremacy
 Britain, France and Germany all suffered economic upheaval from the war.  The US benefitted greatly from the war. Currency – in the form.
The Age of Anxiety Chapter 28.
Great Depression Chapter 28. FYI’s Need Ch 27 reading quizzes asap! (tomorrow?) I have a new calendar, left it on my home computer (oops) Things to note.
A WORLDWIDE DEPRESSION
Instability After World War I. THE BUSINESS CYCLE All economies go through a natural cycle of expansion and recession Some periods of recession are worse.
The Stock Market Crash. Stock Market Down Jones Industrial Average   March  Sept  Keeping track of points was very popular.
Interwar Years: Great Worldwide Depression. The International Scene.
Aftermath of War – 1930s & the Great Depression Economic prosperity came from: 1.WWI production 2.Inventions (TV, Radio, Movies, Car) 3.Mass production.
A worldwide depression
The Great Depression: Post WWI Economic Problems Ms. Payne September 21, 2011.
14-1 The Nation’s Sick Economy. Economic Troubles on the Horizon How did diminished demand affect farmers and businesses in the 1920s? How did falling.
 What events led to the stock market’s Great Crash in 1929?  Why did the Great Crash produce a ripple effect throughout the nation’s economy?  What.
A Global Depression. Europe after the War Every major European country nearly bankrupt United States & Japan in better shape then before the war Europe’s.
Unit #3: 1920’s, GD, New Deal Causes of the Great Depression.
A Worldwide Depression After World War I, an economic depression in the United States spreads throughout the world and lasts for a decade. 1920s & 1930s.
Chapter 28 – The Search for Political Stability & the Great Depression.
Causes of the Great Depression. Possible Causes of the Great Depression Stock Market Crash Over production Unequal distribution of wealth Consumerist.
Unit #4: Great Depression & New Deal Causes of the Great Depression.
A Worldwide Depression. Postwar Europe Unstable New Democracies Germany and new countries formed from Austria-Hungary No experience with democracy Existing.
Post WW I Europe. After World War I… U.S. & Japan are the only countries in better financial shape after the war than before. –European nations in shambles.
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.
Chapter 28 Part II The Search for Peace and Political Stability.
Chapter 15 – Years of Crisis ( ) Section 2 – A Global Depression.
{ World between the Wars Great Depression.  Define the following terms in your notebook  Textbook, pg  Great Depression  Collective Bargaining.
CAUSES OF THE GREAT DEPRESSION. Definition of the Great Depression ► An economic depression in the United States and Europe ► Lasted from
Causes of Great Depression. What caused the Great Depression? Consumer spending had actually begun to decline in 1927 Layoffs had begun in 1928 and a.
A Global Depression. The United States was supporting the rest of the world. If the U.S. fails, what happens to the rest of the world? The Great Depression.
World Wide Depression 1930’s- through early 1940’s.
A Worldwide Depression
The Great Depression Main Idea Why it Matters Now
The Causes of the Depression
The Great Depression: Post WWI Economic Problems
Modern World History Assign
Global Depression.
Essential Declarative:
A Worldwide Depression
Political Uncertainty
The Causes of the Depression
Causes of the Great Depression
Spinrad/World History
Great Depression Learning Focus 3.1.
The Great Depression: Post WWI Economic Problems
Global Depression By the late 1920s European nations were rebuilding their war-torn economies with loans from the US.
Stock values decrease. Loans demand repayment
The Great Depression: Post WWI Economic Problems
Presentation transcript:

The 1930’s: Depression and War

Causes of the Great Depression Financial Crisis: outcome of Versailles Problems of production/distribution in World Markets: agricultural crisis Lack of economic cooperation or leadership

Financial Crisis from the peace Unleashed inflation After armistice, demand for consumer/industrial goods drove up prices, which drove up wages Currencies couldn’t keep value, especially German Reparations and War Debts France paid reparations 1815, 1871 and expected Germany to do the same; finance France’s recovery from WWI US wanted repayment from Allied loans, other European nations counted on reparations to help repay (mostly to US) Britain wanted redefinition (We’ll only require France, others to repay as much as US demands we repay; US wouldn’t decrease demands) Currency speculations meant no money going into capital investments; tariffs high so balance of payments not awful

Whoops! It all crashes! Dominoes: American influence Dawes Plan: organizes reparations and debt repayment to US Handy: US in good shape invests in Europe, especially Germany—short term loans BUT 1928 American money invested into booming stock market instead Wall Street Crash October 1929 result of unregulated financial speculation results in bank failure; No money for Europe; loans not renewed End of reparations Because of American crash, European crash: Kreditanstalt, major Vienna Bank creditor all E Europe, collapsed German banking system only saved by government ; no longer make reparations payments Hoover declares 1 year moratorium on war debts; France has to go along Lausanne Conference 1932: ends reparations

Agricultural Commodities Expanded agricultural world wide = prices down Better methods of farming, better varieties of wheat, expanded farming acreage, better transport worldwide = more production Prices down, good for consumer, but lower income for farmers, especially Euro breadbasket of E/Central Euro Farmers couldn’t repay loans = banks down Land reform in E Euro Romania and Czechoslovakia (less in Poland and Hungary) meant smaller farms, inefficient GREAT DEPRESSION deepens

World Market Woes No money = no demand for European goods Demand for Euro goods shrank relative to production Idle factories, fewer jobs=prices up, fewer still could buy Glut on world market meant even less money to farmers, less for spending on other goods GREAT DEPRESSION deepens even more

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com. Inc. All rights reserved.