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Worldwide Depression Unit 2 Notes

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1 Worldwide Depression Unit 2 Notes
11/10/2018 7:39 PM Worldwide Depression Unit 2 Notes SS6H7 The student will explain conflict and change in Europe to the 21st century. a. Describe major developments following World War I: the Russian Revolution, the Treaty of Versailles, worldwide depressions, and the rise of Nazism © 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries. The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

2 Worldwide Depression Germany wasn’t the only country who suffered
In the 1930s, countries around the world fell into a worldwide economic depression WHY?... BrainPop – Causes of the Great Depression

3 USA's Economic Depression
1929—USA experienced a stock market crash Value of stocks began to drop so stockholders began to sell their stocks as fast as they could Businesses could no longer sell their goods because people had less money to spend, so many had to close & workers lost their jobs People couldn’t repay their loans to the bank, so they lost everything (homes, farms, etc.)

4 Worldwide Economic Depression
Businesses around the world traded with the US: When the US stopped buying goods, it hurt businesses in other countries When US banks closed, banks in other countries were hurt too Stockholders in other countries could no longer sell their stocks to American companies As businesses and factories around the world closed one by one, buying and selling almost stopped…

5

6 Your Task You have the opportunity to interview someone who lived through the Great Depression. Write at least 5 question you would ask to find out what life was like during that time. 2. Compare and contrast the Great Depression with the “Great Recession” that began in Use a thinking map.

7 Credits Original presentation retrieved September 10, 2011 from The following modification made by B. Morgan The Great Depression. retrieved from September 17, Uploaded by BritannicaOnline on Feb 16, 2007


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