The Great Depression Approaching Disaster. The Stock Market is where shares of companies are bought and sold. The stock market crashed on October 29,

Slides:

Advertisements

Similar presentations

The Interwar Period

Advertisements

Chapter 7, Lesson 3 The Good Times End Mr. Julian’s 5th Grade Class.

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 Depression

Warm-Up  What would you do with $2 million?  You invested and got rich…quick! In a paragraph or more, tell me all about your plans. What will you do.

THE GREAT DEPRESSION FROM BOOM TO BUST “Brother, can you spare a dime?”

The Great Depression How was a decade of prosperity followed by a decade of hopelessness?

The Causes of the Great Depression

The Great Depression. Trends of the 1920’s High wages High wages High production High production High profits High profits Demand for goods Demand for.

Chapter 24 THE GREAT DEPRESSION

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

Stock Market Crash & the Great Depression Mr. Koch US History B Forest Lake High School.

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.

Boom and Bust Canada in the 1920s In the 1920s … Canada’s economy recovered quickly after WWI Canada’s economy recovered quickly after WWI By the mid.

The Stock Market Crash Angela Brown Chapter 22 Section 2.

The Wall Street Crash 29th October 1929 Presentation by Mr Young.

The Wall Street Crash 29th October 1929 Presentation by Mr Young.

N OVEMBER 3, New Seating Chart 2. Begin Unit IV: The 1930’s (The Great Depression and the New Deal) Notes (part 1) Vocabulary 5.

Canada in the Interwar Years Canada in the Thirties: Causes of the Great Depression.

The Causes of the Great Depression

Causes of the Great Depression

The Great Depression Chapter 5 Lesson 20 TCAP Coach.

American History Chapter 15: Crash and Depression I. The Stock Market Crash.

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

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.

LONG TERM CAUSES OF THE GREAT DEPRESSION

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

The Great Depression How could this happen?. I can see clearly now the stock has collapsed! The Great Crash was hard to for see because before this fateful.

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

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

Causes of the Great Depression Mr. Blais America in the World (TVP)

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

Period 1, 5, & 6  We will examine the causes of the Great Depression  Go over video questions  Chapter 14.1 Notes  Quiz  Chapter 14.2 Reading.

The Stock Market Crash. Stock Market Down Jones Industrial Average   March  Sept  Keeping track of points was very popular.

Chapter 9 The Great Depression

Boom and Bust USA in the 1920s In the 1920s …The Roaring Twenties America’s economy recovered quickly after WWI The government was Republican and favored.

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 Stock Market and the Great Depression Watching the economy crumble.

Election of 1928 Incumbent – Calvin Coolidge o “I do not choose to run for President in 1928” – August 1927 Republican – Herbert Hoover o “We in America.

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

10/13 Bellringer 5+ sentences It is often thought to be true that it is nearly impossible to “legislate morality”. Many historians would use the 18 th.

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

Opening Assignment Would you borrow money to invest in the stock market if it was easily available? What stock would you buy? How might this be very profitable.

The Roaring 20s 1.(Rep) Government policy of laissez faire. 2.US industry had been boosted by the war. 3.Protectionism - import duties raised (1922).

The Wall Street Crash 29th October 1929 The Roaring 20s: The Good 1. Government policy of laissez faire. 2. US industry had been boosted by WWI. 3. Mass.

Stock Exchange! In the 1920’s, people began to have more and more access to credit. Many people began investing their money in stocks- shares of publically.

The Nation’s Sick Economy Chapter 22 Section 1 Notes.

The Economy The Economy Introduction  The economy of a country refers to things like prices, jobs, wages and employment.  The economy of.

The Great Depression Canadian History. Picture Analysis.

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

The Wall Street Crash By: Savannah Hardiman Miranda Innis Jake Kinsel Kayla Pinson.

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

Ángela Ruiz Juan Serna. Organized and regulated financial market where securities (bonds, notes, shares) are bought and sold at prices governed by forces.

The Wall Street Crash.  Stocks are Shares in companies  In the USA stocks are bought and sold on Wall Street in New York City.  In the 1920s stocks.

Worldwide Depression SS6H7 The student will explain conflict and change in Europe to the 21 st century.

The “Roaring 20s”…. The “Roaring 20s”… Come to a Crashing End “Black Tuesday”

Unit 6 Day 10 (Black Tuesday) Quote: “There is no cause to worry. The high tide of prosperity will continue.” - Andrew W. Mellon, Secretary of the Treasury.

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:

Unit 6. The Causes of the Great Depression Chapter 18 Section 1.

Causes of the Depression

It’s the End of the World As We Know It…

The Nation’s Sick Economy 14.1

Stock Market Crash, 1929.

The Stock Market Crash.

Emerging Problems Under Harding and Coolidge, the US became the most wealthy and prosperous nation in the world People buying, producing, and stock.

The Great Depression Canadian History.

In your notes create a list of how life was good in the Roaring 20’s.

Period 1, 5, & 6 We will examine the causes of the Great Depression

Presentation transcript:

The Great Depression Approaching Disaster

The Stock Market is where shares of companies are bought and sold. The stock market crashed on October 29, 1929 was called “Black Thursday”

Black Tuesday The stock market crash on October 29, 1929 was called “Black Thursday” The collapse caused people to panic and set off a chain reaction. Businesses in the United States came to a stand still.

On Wall Street the prices of stocks dropped within 3 hours. The stocks lost 11 billion dollars of their value in minutes.

Millions of shares of stock went up for sale – but No Buyers – Stock prices continued to fall, which causes people to panic.

Don’t Worry, Be Happy As a result of this day, the Securities Act of 1933 and the Securities Exchange Act of 1934 were formed in order to increase market regulation in hopes of preventing future catastrophic events. People were surprised by Black Thursday because they had just experienced the golden age of consumer based prosperity during the 1920s.

Old MacDonald had a farm… The prosperity of the 1920s brought into existence a middle class. Farmers did not benefit from the strong industrial sector. The more the farmers grew, the lower the prices for crops went.

From boom to bust… Thousands of ordinary Americans had gone into debt by using margin to invest in the market. Margin is when you buy a large amount of stock with a small amount as a down payment, with the rest to be paid later. When the market crashed, many Americans were faced with hard times.