Engels the great depression
The Great Depression
What was the Great Depression?
What caused the Great Depression?
Effects of the Great Depression
What ended the Great Depression?
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Slide 1: Slide
EngelsMiddelbare schoolvwoLeerjaar 6
This lesson contains 11 slides, with interactive quiz and text slides.
Items in this lesson
The Great Depression
What was the Great Depression?
What caused the Great Depression?
Effects of the Great Depression
What ended the Great Depression?
Slide 1 - Slide
The great depression
Slide 2 - Mind map
What is the Great Depression?
The great depression was the worst economical crisis the industrialized world has ever known. It all started with the stock market crash in 1929.
Slide 3 - Slide
What is the Great Depression?
During the roaring twenties the nation’s wealth had doubled. In 1929, however, unemployment had risen and prices started to rise as well. From 1929 until 1939 people lived in poverty. In 1939 the great depression ended because of president Roosevelt’s New Deal.
Slide 4 - Slide
What caused the Great Depression?
The farms had upgraded their machinery during WW1 to feed all the soldiers. After the war the farmers had produced too much food. This caused the prices to drop and the farmers couldn’t pay back their loans they took to upgrade their farms. This also contributed to the start of the great depression
Slide 5 - Slide
What caused the Great Depression?
In 1929 there was a stock market crash. This crash made investors scared, and in a fit of panic investors began selling their overpriced stocks. This made them almost worthless. A big deflation in demands of products started. The money the investors borrowed from the banks to buy the stocks could not be returned.
Slide 6 - Slide
effects of the Great Depression
Economy: unemployment reached more than 20%
Woman gained jobs, the financial pressure drove woman to seek employment because the male breadwinners lost their jobs
nursing, teaching and domestic work
Slide 7 - Slide
effects of the Great Depression
political: decreasing confidence in capitalism
Hoover had failed, people voted for Roosevelt: His Keynesian economics promised that the governmet spending would end the Depression
Slide 8 - Slide
effects of the Great Depression
banking: half of the nation's banks failed. People were stunned to find out that the banks had used their deposits to invest in the stock market.
They rushed to take their money out of the banks before it was too late. Even the major banks ran out of business.
Slide 9 - Slide
What ended the Great Depression
1932: Roosevelt became president, he believed it was up to the government to help the people in tough times. He launched the New Deal.
Slide 10 - Slide
what ended the Great Depression
The new deal was a series of programs, they were focused of what was called The Three R's:
-relief for the unemployed and poor
-recovery of the economy back to normal levels
- reform of the financial system to prevent a repeat depression
