Worldwide Depression Mrs. Gurzler World History. Questions of the Day What is an economic depression? How do they happen?? What is inflation? What is.

Slides:

Advertisements

Similar presentations

The Interwar Period

Advertisements

Ch. 15 sec 2 A World Wide Depression I. Post War Europe A

Monday April 23rd The Stock Market has Crashed!. Years of Crisis Chapter 31 Section 2.

The World Confronts the Crisis

Postwar Problems-German Inflation Objective: Assess the global impact post- WWI economic turmoil—Worldwide Depression.

The Great Depression Depression

The Stock Market Crash Mr. Dodson.

Chapter 15-2 A Worldwide Depression.

“THE Collapse and Recovery of Europe”

A Worldwide Depression

The Downward Spiral The Stock Market Crash Chapter 22 Section 1.

A Global Depression Europe After the War New Democracies Are Unstable

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

A Global Depression Chapter 15.2 Choi Won Seok Gi Hoon Song.

A Worldwide Depression

The Stock Market Crash Angela Brown Chapter 22 Section 2.

Worldwide Depression. Postwar Europe The Great War left every major European country nearly bankrupt Most European nations had democratic governments.

A Global Depression Chapter 15, Section 2.

{ 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.

Warm Up What do you know about the Great Depression? What help do the unemployed need? Read page 424 and answer the question.

A Worldwide Depression

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

The Great Depression ( ). What was the Great Depression? The Great Depression: a period of very low economic activity and high unemployment that.

Weimer Republic- Germany’s democratic government that was established after WWI. Inflation- When the value of a currency decreases. Black Tuesday- Oct.

The Great Depression Chapter 28 (2 of 4). WW1 Ends, But Financial Problems Begin.

Postwar Europe  Europe was bankrupt after WWI  Monarchs & Emperors lose power & new unstable democracies are created  Form coalition government—temporary,

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.

NEXT An economic depression in the United States spreads throughout the world and lasts for a decade. Section 2 A Worldwide Depression.

Causes of the Great Depression Homburg. Inflation Most Europeans countries emerged from WWI with inflated currencies After German hyper-inflation, Europeans.

A worldwide depression

The Causes of the Great Depression in Canada:

The Great Depression: Post WWI Economic Problems Ms. Payne September 21, 2011.

The Great Depression: Post WWI Economic Problems

A World- wide Depression. bellringer The 20th century started out with a BANG of WWI. What do you think will happen as a result of spending all their.

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.

German Weimar Republic. Europe After WWI After WWI, the Idea of Self Determination gave many countries Independence for the First Time Most Countries.

31:2 A Worldwide Depression. Postwar Europe Unstable New Democracies: – : last of absolute rulers overthrown – New Russian democracy devolves.

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 GLOBAL DEPRESSION. WHAT DID EUROPE LOOK LIKE AFTER THE WAR? Most countries were nearly bankrupt Changing government created difficult climate.

Ripple Effects of the Crash and Depression. Stock Market Crash.

The Causes of the Great Depression. WWI Changes the system Countries overdeveloped their industrial sector to produce wartime goods. Countries overdeveloped.

The Great Depression Main Idea Why it Matters Now

“THE Collapse and Recovery of Europe”

The Great Depression: Post WWI Economic Problems

Modern World History Assign

Global Depression.

The Stock Market Crash.

Global Depression 15-2.

The Interwar Period (Post WWI to 1939)

Life in the Weimar Republic

Depression - a period of low economic activity and high unemployment

Spinrad/World History

“THE Collapse and Recovery of Europe”

The Great Depression: Post WWI Economic Problems

Great Depression Background and causes.

A Worldwide Depression

Black Tuesday Stock Market Crash October 29, 1929 Result not Cause

The Great Depression.

A Worldwide Depression

World Wide Depression WWII Notes.

Global Depression By the late 1920s European nations were rebuilding their war-torn economies with loans from the US.

The Interwar Years: Worldwide Depression

Pre-AP World History “THE Collapse and Recovery of Europe”

Learning Objective: Today I will be able to identify the problems in the world depression after WWI by filling out a bonefish sheet. Agenda Learning Objective.

The Great Depression: Post WWI Economic Problems

Presentation transcript:

Worldwide Depression Mrs. Gurzler World History

Questions of the Day What is an economic depression? How do they happen?? What is inflation? What is a recession?

Differences between… An old joke… –A recession is when your neighbor loses their job. A depression is when you lose your job. –A recession is a short economic decline, while a depression lasts for a long period of time. –Recession are a natural part of an economic cycle.

Inflation Economic situation that comes about when the amount of money in circulation increases. The more money there is, the less the money is worth.

The Economic Situation 1922 – For every US Dollar  162 Marks A Couple Months Later… –7,000 Marks for every US Dollar! –By 1923, it was printing 400 quadrillion marks a day!!! –With so much money in circulation, what happens to the money?

The Rise in Bread Prices (in marks) December December December January March June ,465 July ,465 August ,000 September ,512,000 October ,743,000,000 November ,000,000,000

The Rise of Other Goods Item1913 Summer 1923 Nov egg0.085,00080,000,000,000 1 kg butter2.7026,0006,000,000,000, kg beef1.7518,8005,600,000,000, 000 Pair shoes12.001,000,00032,000,000,000,000

Emergency Money, “Notegold” During hyperinflation, some towns printed emergency money called “Notegolds.” They would depict anti-Jews scenes.

German Inflation

Inflation Madness In 1923, a woman feeds her stove with German marks because they can no longer afford firewood with it.

German Mark

What Stopped the Madness? Charles Dawes, an American banker, provided a loan for Germany to help stabilize its currency. They established a more realistic payment plan for their debts from WWI. By 1929, Germany was all set.

Great Depression

Stock Market CRASH!

GLOBAL DEPRESSION American investors withdrew money from Europe. They raise tariffs and other countries decide to do the same. Why would they raise tariffs?? This hurts world trade and it drops by 65% Unemployment rates soar.

Effects Around the World Austria’s national bank fails! Europe is in pain from the tariffs on their goods. Still able to preserve democracy. In Asia, farmers are hurt as the value of exports fell in half in 1929 to Latin America is hurt – less Americans and Europeans can afford sugar and coffee.

Samples of Political Cartoons