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Great Depression vs. Great Reccession

A comparison between the Great Depression of 1929 and the Great Recession of 2000s.

Ivan Perez

on 6 March 2013

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Transcript of Great Depression vs. Great Reccession

The Great Depression The Great Recession Causes Started with the stock market crash of October 29, 1929 (known as Black Tuesday). Recession-. deceleration of economic activity Causes Oil Prices Stock Market Crash of 1929 -Stockholders had lost more than $40 billion dollars Bank Failures American Economic Policy with Europe -Banks went bankrupt and savers
lost their savings. FDR's New Deal World War II Dust Bowl Franklin D. Roosevelt Herbert Hoover George W. Bush Barack Obama Hoovervilles Cures Overproduction World War I
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