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The Great Depression

Published on Dec 01, 2015

The Great Depression By Savanna Holmstrom

PRESENTATION OUTLINE

The Great Depression

By: Savanna Holmstrom

After World war one

  • This made many European countries bankrupt

The Weimar Republic

  • Germany's new democratic government
  • Was set up in 1919

The Depression in Europe

  • There ere many unemployed workers and poor citizens
  • To fix this government printed more money
  • Inflation occurred and money lost all value
  • Created new currency as a result

Inflation

  • Inflation occurred and money lost all value
  • To go grocery shopping you would need a basket full of money

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Flawed U.S Ecomomy

  • Uneven distribution of wealth
  • Over production of Agriculture and business
  • Americans were not buying as much as they used to
  • ******put chart here on distribution of wealth

Over production

  • Stores stopped ordering from factories 
  • Factories had to lay off many of their workers

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The Stock Market Crashes

  • Stocks were at an all time high and people were selling them 
  • Stocks gradually started dropping
  • In 1929 the stock market crashed and all money was lost
  • This day was known as Black Tuesday

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A WorldWide Depression

  • The U.S. could not afford to buy goods from other countries 
  • This hurt other countries and caused others to enter a depression

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Britain's revovery

  • Elected National Government
  • Passed high protective tariffs, increased taxes, and regulated currency

The United States Recovers

  • U.S. votes Franklin D. Roosevelt as presedent
  • The government spent money on relief programs and welfare
  • This is known at the New Deal

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