The Great Depression. Defining Depression What is an economic depression?

Slides:

Advertisements

Similar presentations

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Causes of the Great Depression.

Advertisements

Warm-Up People who own stock in companies may receive cash payments based on how much profit the companies make. Name 2 companies you would invest in.

The Great Depression.

The Great Depression CRQ Preparation. The Great Depression was a period of time which changed a whole generation of Americans.

BOOM (Prosperity) High Consumer Spending (Cash in Victory Bonds, Installment Buying) Federal Reserve Keeps Interest Rates Low: Easy Credit for Individuals.

The Stock Market Crash of 1929 and the beginning of the Great Depression.

The Great Depression.

INDUSTRY KEY INDUSTRIES BARELY MADE A PROFIT SOME INDUSTRIES LOST BUSINESS TO FOREIGN COMPETITION & NEW AMERICAN TECHNOLOGIES SOME INDUSTRIES SUFFERED.

The Great Depression: 4 Causes & A “Spark” Farming Unbalanced economy Credit crisis International Depression “Spark” Black Tuesday.

The Great Depression: 4 Causes & A “Spark” Unbalanced economy Credit crisis International Depression Joblessness & Poverty “Spark” Black Thursday.

The Causes of the Great Depression. The Postwar Economic Boom The years following WWI were known as the “Roaring Twenties” The Boom affected America in.

The Economy in the Late 1920's Mr. Chick U.S. History.

Causes of the Great Depression

1920) World economy = a delicately balanced house of cards. Key card that held up the rest was American economic prosperity. HoJun.

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

Origins of the Great Depression

PROSPERITY TO THE CRASH. Goals for today  Understand the major causes and effects of the stock market crash and the Great Depression.

The Causes of the Great Depression

Causes of the Great Depression

Beginning of the Great Depression Braff. Economic signs of a bad future In the late 1920s… Industry wasn’t as strong Failing Farmers Rising prices of.

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

Chapter 25 Section 1 The Cold War Begins Section 1 Causes of the Depression Objectives Discuss the weaknesses in the economy of the 1920s. Explain how.

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.

The Great Depression and New Deal (1929 – 1941) The Causes of the Depression and the Great Crash.

Chapter 25 Section 1 The Cold War Begins Section 1 Causes of the Depression 21.1 Objectives Discuss the weaknesses in the economy of the 1920s. Explain.

Where would you go if you wanted to see this statue? What does this statue represent?

Herbert Hoover – former Secretary of Commerce and Republican candidate for President in 1928 speculation – when investors gamble that stock prices will.

THE START OF THE GREAT DEPRESSION. Definition  Depression – A period marked by less business activity, much unemployment, falling prices and wages, etc.

Causes of the Stock Market Crash of Depression : Period of severely reduced economic activity characterized by rise in unemployment.

Causes of the Great Depression (Part 2) March 17, 2015.

 Political and economic causes of the Great Depression in the Americas.

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

Americans prosperous called “Roaring 20’s” Depression started in 1929 with the crash of the Stock Market.

’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.

The Great Depression.

The Stock Market Crash Chapter The Nation’s Sick Economy The prosperity of the 1920s was superficial: Major industries are not making a profit;

Jeopardy LeadershipMoneyThe 20’sFarming Depression Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy.

BELLWORK 1. List three factors that contributed to economic growth in the 1920’s. 2. How were the post-WWI economies of Canada and Latin America similar?

Causes of the Great Depression Terms and People Herbert Hoover – former Secretary of Commerce and Republican candidate for President in 1928 speculation.

The Great Depression Review the PowerPoint and Video on Moodle.

Causes of the Great Depression. Signs of economic trouble Uneven wealth – 1% of population controlled 34% of the wealth. Living on credit – Installment.

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

The Great Crash Oct. 29,1929. History of the Federal Reserve System During the 1800s banks often closed during economic crises. People lost what they.

Troubles of the 30s.  People who bought stocks on margin (on credit with 10% down) were now being asked to pay brokers the money they still owed.  On.

The Nation’s Sick Economy What caused the economy to go bad at the end of the 1920s?

The Nation’s Sick Economy

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Causes of the Great Depression.

Explain the various causes and factors leading to the Great Depression.

The Nation’s Sick Economy The Great Depression (The Hoover Years):

The Causes of the Great Depression in Canada:

The Great Depression.

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

THE GREAT DEPRESSION AND THE NEW DEAL Unit 2: Chapters Notes.

The Great Depression. What was the Great Depression? Time of economic crisis characterized by high unemployment during the 1930s, the beginning is marked.

HW: Quiz on 1920s era (notes and 20.1 Vocab) and the Stock Market Crash.

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 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.

Europe in 20s trying to recover from war War Debt GermanyFrance Great BritainUnited States Difficult for U.S. companies to sell products to Europe Tariff:

THE GREAT DEPRESSION The Nation’s Sick Economy. The future’s so Bright, I gotta wear shades? 1920’s were a prosperous decade to many, but not all. Trouble.

Chapter 21: Great Depression Section 1: Cause of the great depression

Causes of the Great Depression

The Causes of the Depression

The Causes of the Depression

UNIT 12- The Great Depression and the New Deal

The Nation’s Economy Falters

World Wide Depression WWII Notes.

Presentation transcript:

The Great Depression

Defining Depression What is an economic depression?

The 1920s The 20s were known as the “Roaring 20s” Was a time of peace and prosperity in America. Americans lived and spent like there was no tomorrow.

1920s In Europe Growing consumer culture Entertainment Movies Radio Sports Standard of living increasing “New Woman”

Woman voting in Finland (1906)

The “New Woman”

Economic Weaknesses in Germany Germany & reparations Hyper inflation Dawes Plan

Black Tuesday: Stock Market Crashes On October 29, 1929 the Stock Market Crashes. The crash leads to a worldwide depression

Causes of Great Depression: 1 Over speculation in the stock market What is a stock? People were buying stock on credit (on margin) in hopes that they would make money to repay. Massive gambling on the stock market made stock practically worthless!!!

Causes of the Great Depression: 2 Overborrowing People were buying too much stuff on credit Got to the point that people were in too much debt Businesses were not getting paid, and not making money.

Causes of the Great Depression: 3 Overproduction in Factories and Farms Factories and farms were making too much Factories and farmers were losing money and forced to shut down. Unemployment skyrockets

Causes of the Great Depression: 4 Uneven distribution of wealth The rich were getting richer, while the poor were getting poorer. Rich were not spending their money, so the flow of money trickled to a halt. Caused money value to inflate

Causes of the Great Depression: 5 Failure of Leadership of Governments When crises hit nations, government did not act Governments slashed budgets instead of spending money John Maynard Keynes

Causes of the Great Depression: 6 High Protective Tariffs What is a tariff? High tariffs kept American businesses from having to compete with imported goods. Hawley-Smoot Tariff of 1930 Countries retaliated by raising tariffs on the U.S.

Impacts of the Great Depression Unemployment increased Homelessness increased Workers became more militant Farmers lost their farms Workers migrated in search for work.