Great Depression 9th

Great Depression 10.2

Between Wars and WWII​

By Amber Alhakiem

The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.

Open Ended

Take a look at the picture.

What do you think she is feeling?

Have you ever felt that way?

Farmers suffered a lot in the Great Depression, the introduction of new machinery had allowed farmers to produce more than they ever had before, but so many farmers were producing so much, that supply far exceeded demand. Consequently, prices fell, and farmers were unable to make any profit from what they produced

​The introduction of buying things on credit was a big cause of the Great Depression. ​People went into debt buying things like cars, appliances, and radios. When the Great Depression started, people were unable to make payments on these items.​

As the depression continued, things got progressively worse. Companies were forced to stop making things that they were unable to sell and had to lay off their workers. The economy worsened as more and more people became out of work.

With over 10,000 banks failing, many people lost all of their money. Even people who had been rich were suddenly penniless, and at that time, the government did not intervene to keep the banks going.

The U.S. had loaned billions of dollars to its World War I allies to help those countries recover from the war. As the economy everywhere in the world was struggling, these countries were unable to pay back their debts, hastening economic decline in the U.S.10. .” It was very fast, and believed to have been a night hunter.​

Poll

Do you think the U.S. would have gone through a depression if they did not loan out money to other countries?

• Yes

• No

Multiple Choice

The stock market crashed because

• The president said so

• The increase in product production caused a false increase in the stock market.

• Mexico took over production of goods, taking away profit from the U.S.

​https://www.youtube.com/watch?v=GCQfMWAikyU

Multiple Choice

What year was there a major stock market crash?

• 1920

• 1929

• 1935

• 1970

Multiple Choice

What happened to farm product's pricing in the 1920's?

• They stayed the same

• They kept falling

• The were rising

Multiple Choice

What happened to car production by 1925?

• Sped up

• Slowed down

• Stayed the same

Multiple Choice

Herbert Hoover believed what was the cause of the Great Depression?

• WWI

• WW2

• The Spanish Civil War

Multiple Choice

What president is responsible for the New Deal?

• Woodrow Wilson

• FDR: Franklin D. Rooselvelt

• Ronald Reagan

• Obama