1. Video: “Crash Course” – Great Depression, https://www. youtube
Video: “Crash Course” – Great Depression, – first 5 minutes
** Write down these prompts in your notes in preparation for a short video clip:
Installment buying …
Experiences of farmers …
Commercial bankers …
What made the Great Depression the “Great Depression” was massive …
Margin buying …
Single cause possibly …
Deflation is …

2. Bank Failures
** 600 bank failures a year between

3. “The Great Crash” (1) Interest rates were low throughout the 1920’s
Three long-term causes:
(1) Interest rates were low throughout the 1920’s
(2) “Buying on the margin” or
borrowing to invest
“The butcher, the baker, and the candlestick maker” … all were invested in the marketplace
(3) Over-valued stocks &
“the bubble”

4. “The Great Crash” “Black Tuesday,” Oct. 29, 1929
Panic in Selling of stocks
Weakens Economy in Two Ways:
Banks invested in the stock market, lost $$$$
(2) Weakens credit …

5. Video: “Crash Course” – Great Depression, https://www. youtube
Video: “Crash Course” – Great Depression, – first 5 minutes
** Write down these prompts in your notes in preparation for a short video clip:
Installment buying …
Experiences of farmers …
Commercial bankers …
What made the Great Depression the “Great Depression” was massive …
Margin buying …
Single cause possibly …
Deflation is …

6. Video: “Crash Course” – Great Depression, https://www. youtube
Video: “Crash Course” – Great Depression, – first 5 minutes
** Write down these prompts in your notes in preparation for a short video clip:
Installment buying …
Experiences of farmers …
Commercial bankers …
What made the Great Depression the “Great Depression” was massive …
Margin buying …
Single cause possibly …
Deflation is …
Unemployment
Weak Banking System

7. The reduction in prices, wages, and the overall economy
Video: “Crash Course” – Great Depression, – first 5 minutes
** Write down these prompts in your notes in preparation for a short video clip:
Installment buying …
Experiences of farmers …
Commercial bankers …
What made the Great Depression the “Great Depression” was massive …
Margin buying …
Single cause possibly …
Deflation is …
The reduction in prices, wages, and the overall economy

8. Deflation

9. Banking Crisis (2) Mid-1920’s Low interest rates by Federal Reserve
(1) Early 1920’s Expanding operations, taking out loans
(4) ,
Bank Runs
(5) Early 1930’s, Fed. Makes Mistakes, does nothing
(2) Mid-1920’s Low interest rates by Federal Reserve
(3) Late-1920’s Stock market speculation, as commercial banks invest depositors $$$
Credit Freeze
Banking Crisis