Causes of the Great Depression Ms. Lambly U.S. History II.

Slides:

Advertisements

Similar presentations

The Great Depression Economic Disaster ( )

Advertisements

Warm-Up People who own stock in companies may receive cash payments based on how much profit the companies make. Name 2 companies you would invest in.

The Great Depression and New Deal (1929 – 1941)

The Stock Market Crash of 1929 and the beginning of the Great Depression.

Chapter 11 Section 1 The Causes of the Great Depression

Ch. 11 The Great Depression

The Great Depression: 4 Causes & A “Spark” Farming Unbalanced economy Credit crisis International Depression “Spark” Black Tuesday.

Objective: To examine the causes of the Great Depression Do Now: How did an increase in wages help cause an economic boom?

The Great Depression. What was the Great Depression? Time of economic crisis characterized by high unemployment during the 1930s, the beginning is marked.

Canada and the Depression

DESCRIBE SOCIAL AND ECONOMIC CONDITIONS FROM THE 1920S THROUGH THE GREAT DEPRESSION REGARDING FACTORS LEADING TO A DEEPENING CRISIS, INCLUDING THE COLLAPSE.

THE GREAT DEPRESSION BEGINS CAUSES OF THE DEPRESSION.

C AUSES OF THE D EPRESSION O BJECTIVES Discuss the weaknesses in the economy of the 1920s. Explain how the stock market crash contributed to the.

Origins of the Great Depression

PROSPERITY TO THE CRASH. Goals for today  Understand the major causes and effects of the stock market crash and the Great Depression.

ECONOMIC PROBLEMS OF THE 1920s 1. Overproduction.  Industry produced more than people bought.

N OVEMBER 4, Begin Unit IV: The 1930’s (The Great Depression and the New Deal) Notes (part 1) Election of Vocabulary 4. Unit.

N OVEMBER 3, New Seating Chart 2. Begin Unit IV: The 1930’s (The Great Depression and the New Deal) Notes (part 1) Vocabulary 5.

The Causes of the Great Depression

Causes of the Great Depression

The Great Depression. “Brother Can You Spare A Dime” –By Bing Crosby –Performed By Al Jolsen How did the working class Americans feel about the “hard.

Causes of the Great Depression 1) Problems in Industry - Over production of goods. Demand for many goods fell, factories laid off workers… 2) Problems.

Economic Bust The 1920’s.

Chapter 25 Section 1 The Cold War Begins Section 1 Causes of the Depression Objectives Discuss the weaknesses in the economy of the 1920s. Explain how.

The Great Depression. Economy Appears Healthy By October 1929, stock values hit $87 billion Since 1914, wages had risen 40 percent Unemployment averaged.

14 sec.1 Nation’s Sick Economy. Economic Troubles Housing boom faded Railroads lost business Mining & lumbering suffered.

The Beginnings of the Great Depression

Objectives Describe the causes and effects of the industrial boom that occurred in the 1920s. Explain how rising stock prices encouraged many to borrow.

Causes of The Great Depression. Hoover Elected President Election of 1928 takes place during prosperity –Hoover runs campaign on Republicans prosperity.

Causes of The Great Depression

Chapter 25 Section 1 The Cold War Begins Section 1 Causes of the Depression 21.1 Objectives Discuss the weaknesses in the economy of the 1920s. Explain.

Herbert Hoover – former Secretary of Commerce and Republican candidate for President in 1928 speculation – when investors gamble that stock prices will.

Causes of the Stock Market Crash of Depression : Period of severely reduced economic activity characterized by rise in unemployment.

The Nation’s Sick Economy. Industries in Trouble Key industries barely making a profit Mining and lumbering faced diminished demands Key industries barely.

 The 1928 election placed former head of the Food Administration and secretary of commerce, Herbert Hoover, on the Republican ticket against Democratic.

The Great Depression Great Depression. Election of 1928 Alfred E. Smith Herbert Hoover DemocratRepublican CatholicProtestant Opposed ProhibitionApproved.

Americans prosperous called “Roaring 20’s” Depression started in 1929 with the crash of the Stock Market.

The Great Depression. General Causes of the Great Depression  Global Depression  European World War I debts went unpaid  Consumer debt  Credit  Lack.

TEKS 8C: Calculate percent composition and empirical and molecular formulas. 1920s Economy.

The Great Depression.

Objective: To examine the causes of the Great Depression Do Now: How did an increase in wages help cause an economic boom?

Causes of the Great Depression Terms and People Herbert Hoover – former Secretary of Commerce and Republican candidate for President in 1928 speculation.

 Republican Herbert Hoover (Quaker) VS.  Democrat Alfred E. Smith (Catholic) Three P’s:  Prosperity  Prohibition- Hoover “dry” Smith “wet”  Protestantism.

Objective: To examine the causes of the Great Depression Do Now: How did an increase in wages help cause an economic boom?

Chapter 9 The Great Depression

Troubles of the 30s.  People who bought stocks on margin (on credit with 10% down) were now being asked to pay brokers the money they still owed.  On.

The Nation’s Sick Economy What caused the economy to go bad at the end of the 1920s?

The Nation’s Sick Economy The Great Depression (The Hoover Years):

Causes of the Depression Chapter 9, Section 1 Content Standards , , and

Y Your task is to analyze the clues about what caused the Great Depression. Follow your teacher’s instructions about completing the activity.

Unit #3: 1920’s, GD, New Deal Causes of the Great Depression.

The Nation’s Sick Economy Chapter 22 Section 1 Notes.

Chapter 22 The Great Depression Begins Section 1 Causes of the Depression.

The Great Depression. What was the Great Depression? Time of economic crisis characterized by high unemployment during the 1930s, the beginning is marked.

Causes of the Great Depression. Possible Causes of the Great Depression Stock Market Crash Over production Unequal distribution of wealth Consumerist.

Unit #4: Great Depression & New Deal Causes of the Great Depression.

22-1: The Nation’s Sick Economy. Industry Key industries barely made a profit Some industries lost business to foreign competition and new American technologies.

The Great Depression. ● Decrease in demand for American goods after WWI ● Installment Buying/Buying on Margin ● Decrease in Purchasing Power.

Objective: To examine the causes of the Great Depression Do Now: How did an increase in wages help cause an economic boom?

Unit 6. The Causes of the Great Depression Chapter 18 Section 1.

Objective: To examine the causes of the Great Depression Do Now: How did an increase in wages help cause an economic boom?

 During the 1920’s businesses produced too much  Factories ended up with a Surplus of goods.

Causes of the Great Depression

The Great Depression Economic Disaster ( )

Objectives Describe the causes and effects of the industrial boom that occurred in the 1920s. Explain how rising stock prices encouraged many to borrow.

UNIT 12- The Great Depression and the New Deal

Chapter 23 Section 1 Hoover and the Crash The Great Depression.

Causes Of The Great Depression

Presentation transcript:

Causes of the Great Depression Ms. Lambly U.S. History II

1928 Presidential Election  Republican Herbert Hoover VS.  Democrat Alfred E. Smith Three P ’ s:  Prosperity  Prohibition  Protestantism

Causes of the Great Depression I.The Long Bull Market  Rising stock prices throughout the 20’s  Buying “on margin” - credit  Strong economy

CRASH!

Causes of the Great Depression In turn, businesses suffered and laid off workers. II. Overproduction Farms and factories overproduced beyond the demand. Wages did not rise as fast as prices. Therefore, people couldn’t afford to buy many goods.

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

Causes of the Great Depression III. Banking and Credit System  Many consumers bought high cost items on the installment plan  Bank Failures  Hawley-Smoot Tariff- raised to highest level in American history  Damaged American sales abroad  Imports cost more $$$

* People that bought stocks on margin (credit) could not repay their debts. The Philanthropist The Philanthropist by, Herb Block (Dec. 5, 1930) During the Great Depression approximately 25% of the workforce was unemployed. People who lost their jobs began selling five-cent apples on the streets of American cities, providing a symbol of the economic hardships of the era. * People that had invested their savings in stocks had little or nothing left.

A foreclosure sale in Iowa in the early 1930s when "the bottom fell out of everything." Military police were on hand to keep farmers from disrupting the auction. ca