Scribd Logo
Upload

Welcome to Scribd!

  • 26 views

    Great Depression: Objective: Describe The Causes, Development and Worldwide Effects of The Great Depression

    Uploaded by

    Diego Morales Berlanga
    The Great Depression was caused by unequal wealth distribution and overproduction leading to decreased demand. It started in the late 1920s and worsened after the 1929 stock market crash in the US. The effects spread globally as US loans were called back and trade declined. Countries adopted protectionist policies worsening the crisis. President Roosevelt introduced reforms known as the New Deal to regulate markets and create jobs, helping alleviate suffering.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd

    Great Depression: Objective: Describe The Causes, Development and Worldwide Effects of The Great Depression

    Uploaded by

    Diego Morales Berlanga
    26 views19 pages
    The Great Depression was caused by unequal wealth distribution and overproduction leading to decreased demand. It started in the late 1920s and worsened after the 1929 stock market crash in the US. The effects spread globally as US loans were called back and trade declined. Countries adopted protectionist policies worsening the crisis. President Roosevelt introduced reforms known as the New Deal to regulate markets and create jobs, helping alleviate suffering.

    Original Title

    GREAT DEPRESSION

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The Great Depression was caused by unequal wealth distribution and overproduction leading to decreased demand. It started in the late 1920s and worsened after the 1929 stock market crash in the US. The effects spread globally as US loans were called back and trade declined. Countries adopted protectionist policies worsening the crisis. President Roosevelt introduced reforms known as the New Deal to regulate markets and create jobs, helping alleviate suffering.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    26 views19 pages

    Great Depression: Objective: Describe The Causes, Development and Worldwide Effects of The Great Depression

    Uploaded by

    Diego Morales Berlanga
    The Great Depression was caused by unequal wealth distribution and overproduction leading to decreased demand. It started in the late 1920s and worsened after the 1929 stock market crash in the US. The effects spread globally as US loans were called back and trade declined. Countries adopted protectionist policies worsening the crisis. President Roosevelt introduced reforms known as the New Deal to regulate markets and create jobs, helping alleviate suffering.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 19

    GREAT DEPRESSION

    Objective:

    Describe the causes, development and


    worldwide effects of The Great
    Depression.
    A weak League of Nations
    French Demands
    Inflation in Germany
    1914 4.2 G. Marks = 1 US dollar
    1923 Nov. 1 130 billion G. Marks = 1 US dollar
    1923 Nov. 30 4.2 trillion G. Marks = 1 US dollar

     August 1924: Dawes Plan: 3 provisions.


     1925 Treaty of Locarno
    Germany: inflation
    France, strongest power in Europe, had to rebuild,
    political chaos= June 1936: coalition of leftist parties
    Gov.
    Popular front gov. Program for workers named French
    New Deal.
    Gave workers the right to collective bargaining.
    40 hour workweek in industry
    2 week paid vacation
    Minimum wage.
    Great Britqain
    Industries declined
    Rise in unemployment 2 million out of work in 1921
    Labour party fail to solve economic probolems and fell from power
    in 1931
    A new gov. Led by conservatives.
    Traditional policies of balanced budget and protective tariffs.
    John Maynard Keyness: Condemmned the theory that the
    depression would fix itself in a free economy.
    Unemployment came from a decreas in demand not form over
    production. Gov. Should finance projects to give work to people
    and increase demand.
    CAUSES OF THE GREAT DEPRESSION

    Unequal distribution of wealth


    Over production in industry and
    agriculture due to WWI and better
    technology Consumism
    Lessening demand of consumer goods
    CAUSES OF THE GREAT DEPRESSION

    Decreasing production
    Unemployment
    October Stock Market crash and financial
    panic
    Economies depended on the wealth of the
    United States
    DEVELOPMENT OF THE GREAT DEPRESSION
    High demand for agricultural products and
    raw materials during the war.
    After the war, demand lessens and prices
    fell.
    Farmers, miners and suppliers of raw
    materials earn less, so…
    Farmers, miners and suppliers bought less
    DEVELOPMENT OF THE GREAT DEPRESSION

    Better technology
    Factories made more products faster.
    Overproduction
    Demand slowed. (unequal districution of wealth)
    Factories cut back on production. Summer
    1929
    Workers lost their jobs.
    Autum of 1929: The October stock market crash
    agravated the economy decline.

    •Prices in the stock market were


    at their highest.
    •Investors acquired stocks
    through risky methods.
    •Oct. of 1929, many people
    nervous because of economy
    sold their stocks at once.
    •Stock prices crashed.
    STOCK MARKET CRASHED

    Financial panic set in.


    Stock prises
    crashed.
    Investors lost their
    fortunes.
    People ran to the
    banks to get their
    money.
    Banks closed.
    THE GREAT DEPRESSION SPREADS TO
    EUROPEAN COUNTRIES
    European economies depended on the economy of the
    USA
    The USA:
     stopped making loans to other countries. (Germany,
    Britain, France…)
    demanded repayment of foreign loans.
    Germany could not make its reparations payments.
    France and Britain were not able to make their loan
    payments.
    THE GREAT DEPRESSION SPREADS TO LATIN
    AMERICA, AFRICA, AND ASIA
    Desperate governments try to protect their
    economies from foreign competition.
    USA imposed the highest tariffs in its history.
    Other nations raised their tariffs too.
    In 1932 and 33, global world trade sank.
     European countries no longer acquired raw materials from
    Latin America, Africa, and Asia.
     Missery spread to Latin America, Africa, and Asia.
    HOW DID THEY FIX IT?

    President of USA, Herbert Hoover, firmly


    believed that the government should not
    intervene in private business matters and
    cut public spending.
    President Franklin D. Roosevelt argued
    that the government had to take an active
    rol in combating the Great Depression and
    introduced the New Deal.
    THE NEW DEAL
    New Deal: a massive package of economic
    and social programs
    New laws regulated stock market and
    protected bank deposits.
    Government programs created jobs and gave
    aid to farmers.
    New Social Security system provided
    pensions and other benefits for the elderly.
    The New Deal eased the suffering for many.
    EFFECTS OF THE GREAT DEPRESSION

    Widespread hunger, poverty and


    unemployment
    Worldwide economic crises
    Franklin D. Roosevelt´s New Deal.
    Loss of faith in democracy. People lost faith
    in the abiity of democratic governments to
    solve the problems of the modern world.
    Effects of the Great Depression

    •Missery and hoplessness


    created a fertile ground for
    extremists who promissed
    radical solutions
    • Benito Mussolini
    • Adolf Hitler

    •World War II
    1st picture in ppt) Great depression cartoon USA
    http://images.google.com.mx/imgres?imgurl=http://bp3.blogger.com/_Bw6w
    UZgcQOI/Rf1UJPpAFRI/AAAAAAAAATU/st18wqG0QVU/s400/depression%2
    Bcartoon.gif&imgrefurl=http://publicreader.blogspot.com/2007/03/americas-g
    reat-depression-two-books.html&h=400&w=350&sz=309&hl=es&start=40&um
    =1&tbnid=yfriRgjl1mj0MM:&tbnh=124&tbnw=109&prev=/images%3Fq%3Dima
    ges%2B%2BGermany%2BGreat%2Bdepression%26start%3D20%26ndsp%3D20
    %26um%3D1%26hl%3Des%26sa%3DN
    2nd picture in ppt) GD news papers
    http://www.tea.state.tx.us/student.assessment/resources/online/2006/grade11
    /ss/images/53graphicaa.gif

    www.tea.state.tx.us/.../images/53graphicaa.gif
    3rd picture in ppt) GD Montreal City Bank run
    http://upload.wikimedia.org/wikipedia/en/1/1c/Montreal_City_Bank_Run.gif
    http://images.google.com.mx/imgres?imgurl=http://upload.wikimedia.org/wi
    kipedia/en/1/1c/Montreal_City_Bank_Run.gif&imgrefurl=http://plawiuk.blogs
    pot.com/2007_09_01_archive.html&h=392&w=550&sz=113&hl=es&start=86&u
    m=1&tbnid=cwMXRFXratdaeM:&tbnh=95&tbnw=133&prev=/images%3Fq%3Di
    mages%2B%2BGermany%2BGreat%2Bdepression%26start%3D80%26ndsp%3
    D20%26um%3D1%26hl%3Des%26sa%3DN

    4th picture in ppt) Great depression Hitler


    library.thinkquest.org/12307/media/14495.jpg

    You might also like