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The depression

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The depression The depression Presentation Transcript

  • The Depression
  • When did the depression happen?
    The depression started in 1929, when the stock prices fell. In the 1920’s, people where buying cars, appliances and clothing.
    Because of this, people were spending money that they didn’t have.
  • How did the Great
    depression begin?
  • Stock market in US started to go down on September 4th 1929, but on October 29th (black Tuesday) it crashed, starting the great depression
  • It then affected other countries
    The Trade in the stock market declined
    Banks closed, customers panicked because they couldn't get their money
  • People stopped spending, all businesses cut back workers hours or sacked them all together
    Due to debt and overcropping, farmers couldn't grow food and went bankrupt
  • What happened
    during the depression
  • The decade of the 1930s saw the Great Depression in the United States and many other countries. During this decade large numbers of people lived in poverty.
    People where in desperate need of:
    Food
    Clothing
    Shelter
  • What caused the
    depression?
  • People were spending more money than they actually had. They ended up going bankrupt.
  • Who was in the depression? (e.g. Countries)
  • What where the
    effects of the
    Depression?
  • During the Great Depression of the 1930’s, families were struggling to live as income had lowered greatly for them.
  • Income had decreased so much that people would live the threat of starvation everyday.
  • The great depression had brought over millions to unemployment and leading towards poverty.
  • The great depression was the cause of economic hardship in many countries.
  • 1932 – AMERICAN DREAMS ARE SHATTERED
    14 million Americans are jobless (almost 1/3 the workforce)
    Banks foreclose on houses and farms
    No food, no clothes, no jobs
    Recycled lifestyle