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The Great Depression

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by

Austin Ho

on 11 September 2014

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Transcript of The Great Depression

How It All Started
what happened during the great depression
during the great depression many people
Which presidents were in charge during the Great Depression?
Herbert Hoover
(president from 1929-1933)

The Great Depression
By: Miguel Damas, Jenoshan Jeyakanesan, Joseph Di Roma, Austin Ho
Franklin D. Roosevelt
(president from 1933-1945)
What Ended the Great Depression
The Great Depression
About The Great Depression
WW II
Herbert Hoover
Website Sources
Franklin D Roosevelt
Photo Gallery
World War 2 stared
the Great Depression Started
The Great Depression

WW II brought great economic opportunity to the US with all the jobs and revenue
For the first time in about 10 years the unemployment rate had dropped below 2%
Making weapons and tanks were the two most famous jobs.
How did people get by during the Great Depression ?
The Great Depression lasted between 1929 to 1939
Was not completely resolved until 1941
During 1933, over 13 million people were effected by the Great Depression
25% of all people had no jobs.
20% of all people ate from soup kitchens
Herbert campaigned in 1928
Attacked the Great Depression by cutting taxes, and assigning work projects
No one was laid off unless under extreme conditions
All of this didn't help the economy
In 1933, he was voted out for FDR
In 1933, FDR was elected
Jobs were created that were war related
FDR successfully carried the US through the Great Depression and WWII
He was then elected for another 12 years
History.com Staff. “The Great Depression.” 2009. <http://www.history.com/topics/great-depression> (09 Sept. 2014).
Pells, Richard. “Great Depression.” <http://www.britannica.com/EBchecked/topic/243118/Great-Depression> (09 Sept 2014)
US declared war on Japan, Italy, and Nazi Germany in 1941 after the Japanese bombed Pearl Harbor
Everyone ended up getting jobs that were war related
In 1933, the U.S had a unemployment rate of 25%, but just 10 years later in 1944, it dropped down to around 2%
Other counties also solved their Great Depression problems in the same way because they joined the war like Canada, France, Germany, the United Kingdom, and other countries in Europe
The Great Depression was caused by the Stock Market Crash
The stock market crashed because of investors taking out large amounts of money at once.
This caused many banks to close.
Many people lost their money and had to start from scratch.
Not a lot of money was made during the Great Depression.
The lucky people who worked on farms made up to $50 a month, which is about $900 today.
That money was only enough to buy basic needs like food, water, and clothing.
Later on, people started doing jobs that would be related to WWII.
Photo Gallery 2
Phares, Heather. <http://www.allmusic.com/album/the-great-depression-american-music-in-the-30s-mw0000621234> (09 Sept 2014)
"Political responses to the Great Depression." 05 Nov 2012. <http://www.slideshare.net/dumouchelle/8-political-responses-to-the-great-depression> (09 Sept 2014)
2008
Wall Street Crash
News Clip
September 29, 2008 was a bad day for such a strong economy.
The USA “ voted out” 700 BILLION DOLLARS in one day.
This not only affected US but affected stock markets around the world.
The Wall Street Crash of 2008 was said to be the biggest fall in one day since the Black Monday crash of October 1987.

2008
Wall Street Crash Continued
Wall Street Crash caused many banks to fail in USA about 5 failed before lunchtime and out of 8500 banks half has survived.
Points are increase and decrease of prices. for example something with a value of 1000 increasing in a price by $20 increased by two percent of points.

Questions
1. Which two presidents were in charge during the Great Depression ?

2. When did the Wall Street Crash take place ?

3. Out of 8500 banks in the USA how many of them were effected?

4. What the two most famous jobs during WWII ?

5. What was the average income of a farmer during the Great Depression ?
Haden, Peter. "Wall Street Crash 2008." 09 Oct 2008. <http://www.socialistworld.net/doc/3273> (09 Sept 2014)
Struthers, James. “Great Depression” 11, July, 2013. <http://www.thecanadianencyclopedia.com/en/article/great-depression/> (09 Sept 2014)
Full transcript