The Great depression strikes

German inflation

• To pay the debt of the war gerany printed money
• The value of the mark decreased

value of the mark

• with the value of money decreasing goods became very expensive
• A loaf of bread went from being less than a mark to 200 billion marks
• money was even thrown out because of how worthless it became

GERMANY'S ATTEMPT at STABLE econmy

• Germany recovered form inflation because of the international committe.
• lead by Charles Dawes, who was an American banker.
• The Dawes plan provided 200 million dollars from the united states
• the economy began to recover, there were more loans to the United states 

Financial Collapse

• The american economy sustained most of the worlds economy
• wealth wasn't distributed properly
• no money to buy anything meant less goods what meant less jobs
• overproduction made things more expensive 

Stock Market

• In september stock market were unnatrally high
• investors began to sell their stocks
• Thursday October 24 the stocks had become very low
• stock market crashed

STOCK MARKET collapses

• people couldn't afford to pay the money they owed
• high priced stocks were now worthless

Great Depression

• Many were unemployed
• production, prices, and wages declined
• buinesses failed and banks closed

effects around the world

• Austria’s largest bank failed
• in Asia farmers and urban workers suffered as the value of exports fell
•  products as sugar, beef, and copper dropped, prices collapsed.

United States tries to recover

• The first presidental election after the deppresion was F.D.R.
• he quickly began a program called the New Deal

The new deal

• Large public works projects helped to provide jobs for the unemployed
• government spending would create jobs 
• government gave finacial help

The united states recovers

• The new deal did help the untied states to recover
• The country stated to regain their faith in the government