Great Depression

Great Depression

Structure

• About the Great Depression
• The 1920's
• The stock market crash
• Consequences
• The causes of the crash
• Situation of the people
• New Deal

The New Deal

Causes of the crash

Great Depression

The stock market crash

First Hundred Days

• Emergency Banking Act

• Economy Act

• Beer-Wine Revenue Act

• Civilian Conservation Corps Act

• Federal Emergency Relief Act

Home Owners Loan Corp

• very little national economic planning
• over valued stocks
• "laissez faire" thinking
• many US citizens financed parts of

their consumption on credit

• economic depression of the U.S. in the 1930's
• started with the "Black Thursday"
• the beginning of the longest and deepest economic depression worldwide
• devasting effects in countries all over the world

Second Hundred Days

• National Employment System Act

• Home Owners Refinancing Act

• Glass-Steagall Banking Act

• Farm Credit Act

• Emergency Railroad Transportation Act

• National Industrial Recovery Act

• Okt, 24th 1929 - the black thursday the investors paniced
• intervention supports should stop the crash
• 11 Mrd Dollars disappeared
• many investors went in dept

http://www.econreview.com/events/images/djia.pn g

Sources

• http://www.gevestor.de/news/24-oktober-1929-85-jahre-schwarzer-donnerstag-teil-1-723549.html
• http://en.wikipedia.org/wiki/Timeline_of_the_Great_Depression
• http://www.sueddeutsche.de/geld/historische-crashs-schwarze-tage-wenn-es-an-der-boerse-kracht-1.1128390-2
• http://de.wikipedia.org/wiki/Schwarzer_Donnerstag
• http://www.shmoop.com/great-depression/statistics.html
• http://www.u-s-history.com/pages/h1564.html
• http://en.wikipedia.org/wiki/Timeline_of_the_Great_Depression
• https://www.youtube.com/watch?v=684n8FO68LUhj
• http://411716811493059747.weebly.com/the-new-deal--the-3rrsquos.html
• https://www.youtube.com/watch?v=-b1dTvNaL0Qhy
• http://dp.la/exhibitions/exhibits/show/new-deal
• http://www.yale.edu/ynhti/curriculum/units/1998/4/98.04.04.x.html

The roaring twenties

Consequences

Situation of the People

• time of wealth and excess
• "consumer society" believed in "eternal prosperity"
• science, medicine and machines advanced during the 1920's
• the stocks raised extremly
• people boworred money and bought stocks

• Lot's of people lost their Job's
• So they became poor
• Life in Hoovervilles
• There were soup kitchens organized
• by churchesor private charities

• stocks crashed till summer 1932
• investors and companys were in dept or insolvent
• stock markets from all over the world had to bear the consequences
• distrust of the people made it hard to get out of the depression
• deflation, high unemployment rate

Unemployment rate

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