1. What would life be like without money?

2. Unit questions What caused the Great Depression?
How did the United States get out of the Great Depression?
How would you feel if you lost all of your money and were not able to make any more?
Could we ever have another Great Depression in our country?

3. Great depression economicsBy
Amanda wiggins

4. overview Stock Market Crash Run on Banks
Unemployment, Poverty, and Foreclosure
New Deal Economic Programs
Lasting Economic Consequences

5. October 29, 1929 “Black Tuesday”
Stock Market Crash
October 29, “Black Tuesday”

6. Run on banks Depositors lost $140 Billion About 10,000 banks failed
Checks were no longer accepted
Businesses couldn’t get credit for inventory

7. Unemployment

8. foreclosure Many families lost their homes
Numerous farmers lost their livelihood
Scores of people became homeless due to foreclosure

9. Poverty

10. New deal policies Created jobs for the unemployed
Reformed stock market practices
Restored banking system
Devalued the US dollar by 41%
Provided affordable housing

11. Lasting consequences Federal Deposit Insurance Corporation (FDIC)
Social Security Administration (SSA)
Securities and Exchange Commission (SEC)
No gold standard
Minimum wage
National debt

12. Could we ever have another Great Depression in our country?