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The Great Depression
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Published on Nov 23, 2015
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PRESENTATION OUTLINE
1.
The Great Depression
1929 - Early 1940's
2.
WWI Impact
The Great War left most of Europe nearly bankrupt
3.
Inflation Crisis
During the war, countries had to pay to support their solders
The money was simply not there
Country's thought they could just print more money
This plan did not work as expected
4.
Money is Worth Nothing
The decision to just print more money failed
The value of money was now worthless
People had to go shopping with barrels of cash
5.
UNEMPLOYMENT
No one was buying goods so company's had to close
6.
Looking For Jobs
This left many people unemployed
Unemployment rates were at an all time high
This graph shows only the US statistics
However, many other countries went through this too
7.
Germany's Struggle
Germany's Unemployment rates dropped greatly as well
8.
worlds financial Collapse
The collapse of one country lead to a collapse in many
The goods that were bought could no longer be bought
This lead to many layoffs
9.
Trading
IMPORTS
Import rate decreased
The contries just did not have enough money
They were unable to produce the goods needed for trade
10.
Trading
EXPORTS
The exports from countries also dropped
The world as a whole was suffering
11.
The Impact
Due to the layoffs, many people did not have an imcome
They could not pay their bills
The banks were forced to posses their belongings
12.
Black Tuesday
The day the stock market crashed
People rushed to sell their stocks
Banks forced to close
13.
Rapid decrease in stock prices
14.
Change!
People & the Gov. decided something needed to change
Photo by
Robert S. Donovan
15.
Taking Charge
Countries started to try and fix the damage
Britain takes steps to improve its economy
France responds to economic crisis
Socialist governments find solutions
Recovery begins in the U.S.....
16.
The New Deal
Franklin D. Roosevelt becomes president
He leads a group of programs called...
The New Deal
17.
Purpose & Impact
The New Deal is made to help people
To give people jobs, stability, and money
This helped the U.S. out of the depression
People were no longer struggling
The economy was nearly back to normal
18.
The End!
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