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Lack of productivity• The national product of the US dropped by 50%• The hourly wages also dropped by 50%• The unemployment t rate went up by 25% in fouryears
Prices dropPeople didn’t have money to buy thingsSo shopkeeper had to lower their pricesMany goods remained stored and unsoldShopkeeper had to owner their pricesThey didn’t have enough money to pay employs
Other countriesAffectedItalyUKAustraliaGermanyFrance• Had been given moneyby the us to rebuild afterWWI.• When the depressionstarted the US took themoney back• Crisis in Germanybrought Hitler to powerNot AffectedJapanChinaRussia
End of the depressionPOSSIBLE CAUSESThe New DealSome believe it ended the depression by giving jobsWWIIIt created jobs because rebuilding was necessaryIt kick started the economy