Causes of the Great Depression

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Presentation transcript:

Determine which of the following Essential Learning categories that each slide fits in: Causes of the Great Depression Effects or results of the Great Depression Government response to the Great Depression Failures and successes of the New Deal

The government funds the building of public works projects such as the Hoover Dam.

The government fails to regulate big business and the stock market.

American banks fail and foreclosures increase.

Government reforms slowly begin to stabilize the economy.

American poverty and unemployment rises American poverty and unemployment rises. Thousands become homeless and depend on bread lines and soup kitchens to eat.

The government creates Social Security, the FDIC and the SEC.

Some believe that the true end to the Great Depression was really a result of World War II.

Americans overuse credit and go into debt Americans overuse credit and go into debt. There is also an unequal distribution of wealth.

Some people felt that government became too involved in the economy.

Agriculture is hurt by overproduction and drought.

Increased government spending on reforms leads to national debt.

Government increases tariffs (import/export taxes) leading to a huge decrease in world trade.

Government reforms send a message of hope to American people.

The stock market crashes on Black Tuesday (October 29, 1929)