1 of 4

Slide Notes

DownloadGo Live

The Great Depression

Published on Nov 21, 2015

No Description

View Outline

MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

THE GREAT DEPRESSION

An American Crises (By: Alan Wang)
Photo by B Tal
2.

CRASH OF 1929

  • The stock market crashed due to people selling their stocks all at once
  • Many business cut back on production, many banks closed down
Photo by ecstaticist
3.

FAMILIES

  • Thousands of Americans lost jobs
  • The unemployment rate skyrocketed
  • The rate was 24.9% unemployed
  • Shantytowns are settlements for the poor
Photo by Pierre-Yves Sanchis
4.

THE NEW DEAL
NRA helped to set minimum wage and maximum working hours.
Keynesian Economics states that money spent now will be beneficial in the future.

Photo by RLHyde

Alan Wang