Economic Bust The 1920’s.

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Economic Bust The 1920’s

Show brainpop: Great Depression Causes Continue with ppt

I. Stock Market Crash On Tuesday, October 29, 1929, stock prices plummeted. This became known as Black Tuesday.

“Cycle of Disaster” – many businesses went bankrupt Businesses cut production Workers suffered from wage cuts and lay offs. Demand for goods fell. People had little or no money to spend.

Many people lost their life savings. Banking System When the stock market crashed, people could not repay their loans to the bank. Therefore, banks couldn’t give depositors their money and banks closed. Many people lost their life savings. Brainpop: Great Depression

Why can’t you give my dad a job? Taken from Minnesota Historical Society http://shop.mnhs.org/pages.cfm?id=57

Notes in tri-fold Economic Boom Economic Bust The New Deal Black Tues-Oct 29, 1929 Stock Market Crash Unemployment rose Debt increased Bank failures Factories & Businesses Closed Hoovervilles Dust Bowl “Great Depression” Mass production Assembly Line Henry Ford-car People buy things on credit using installment plans Electricity more common New entertainment- Movies, radio Aviation began “Roaring Twenties”

Famous book of the Depression..

War of the Worlds... Orson Wells infamous broadcast of a fake attack from Mars……From the HG Wells book War of the Worlds…..scared countless people….

Movies....

Great Depression Shuffle 1920’s Boom! New Appliances, Installment Plan Sell Those Stocks! October, 1929 Where’s my job? Breadlines, soup kitchen FDR-New Deal Alphabet Soup TVA-electricity War!, War! The Good Life!, “” Credit, debt Crash!, Crash! Black Tuesday, “” Broke, poor Hungry, hungry Unemployment, “” Help, help Tennessee “” Pearl Harbor!,Hawaii