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Question: What happened to cause the Crash and the Great Depression?

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Presentation on theme: "Question: What happened to cause the Crash and the Great Depression?"— Presentation transcript:

1 Question: What happened to cause the Crash and the Great Depression?

2 Economics of the 1920s Prosperity of Boom Years Result: investment
Characteristics: Attitudes: Result: investment Problem:

3 Hidden Economic Problems
Credit: Industrial Overproduction: Agricultural Overproduction: Capital Surplus: International Trade:

4 Hidden Economic Problems
NO ONE FACTOR None of them are big problems by themselves

5 How did the stock market CRASH?
Sept. 7, 1929: peak prices, sales begin Falling prices led to panic selling Oct.24, 1929: Black Thursday Oct. 29, 1929: Black Tuesday … by Nov., market saw losses of $30 BILLION

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