Bell Ringer

What is a “Depression”?
Today’s Objective

We will identify the events that led to
beginning of the Great Depression.
Causes of
the Great
Depression
By Brad Harris, Grand Prairie HS

SE: 2B, 2D, 16A, 16B
The Great Depression

The Great Depression was the severe
economic depression that impacted the
United States throughout t...
The Depression Begins

The Great Depression started in 1929 and
lasted until the beginning of World War II.
The Depression Begins

Personal income, profits, prices, as well as
trade dropped dramatically and there was
massive natio...
Causes of the Great
Depression
1.Overproduction of Goods

Manufacturers were producing more
goods than they could sell, leading to
layoffs in major indus...
1. Overproduction of Goods

Unemployment skyrocketed during the
Great Depression, reaching as high as 28
2. Stock Market
Speculation

Investors in the Stock Market were buying
stocks “on margin,” speculating that the
price of t...
2. Stock Market
Speculation

When stock prices began to fall in late
October, 1929, it led to a massive sell off
and the c...
3. Numerous Bank
Failures

Bankers made unsound investments in the
stock market. In the months following the Stock
Market ...
3. Numerous Bank
Failures

Because so many people were in debt, when
they lost their jobs, they could not pay back
their l...
3. Numerous Bank
Failures

If a bank failed, people who had money in those
banks lost their savings, leading to bank runs
4.Tariffs Slow World Trade

The passage of large tariffs led to a
slowdown of international trade.
4.Tariffs Slow World Trade

The purpose of a tariff is to protect American
businesses from foreign competition
Hawley-Smoot Tariff Act

The Hawley-Smoot Tariff was the highest tariff
in U.S. history and led to foreign countries
refus...
Black Tuesday (last 2 minutes)
Coming Up…

Hoover Reacts
Today’s Objective

We will identify the events that led to
beginning of the Great Depression.
Today’s Product

I will create a bubble map that will
describe the key events that led to the
beginning of the Great Depre...
Unit 6 powerpoint #2 (the great depression   causes of the great depression)
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Unit 6 powerpoint #2 (the great depression causes of the great depression)

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Causes of Great Depression

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Unit 6 powerpoint #2 (the great depression causes of the great depression)

  1. 1. Bell Ringer What is a “Depression”?
  2. 2. Today’s Objective We will identify the events that led to beginning of the Great Depression.
  3. 3. Causes of the Great Depression By Brad Harris, Grand Prairie HS SE: 2B, 2D, 16A, 16B
  4. 4. The Great Depression The Great Depression was the severe economic depression that impacted the United States throughout the 1930s.
  5. 5. The Depression Begins The Great Depression started in 1929 and lasted until the beginning of World War II.
  6. 6. The Depression Begins Personal income, profits, prices, as well as trade dropped dramatically and there was massive nation-wide unemployment
  7. 7. Causes of the Great Depression
  8. 8. 1.Overproduction of Goods Manufacturers were producing more goods than they could sell, leading to layoffs in major industries
  9. 9. 1. Overproduction of Goods Unemployment skyrocketed during the Great Depression, reaching as high as 28
  10. 10. 2. Stock Market Speculation Investors in the Stock Market were buying stocks “on margin,” speculating that the price of the stocks would continue to go up.
  11. 11. 2. Stock Market Speculation When stock prices began to fall in late October, 1929, it led to a massive sell off and the crash of the Stock Market
  12. 12. 3. Numerous Bank Failures Bankers made unsound investments in the stock market. In the months following the Stock Market Crash, thousands of banks failed.
  13. 13. 3. Numerous Bank Failures Because so many people were in debt, when they lost their jobs, they could not pay back their loans, leading to more bank failures
  14. 14. 3. Numerous Bank Failures If a bank failed, people who had money in those banks lost their savings, leading to bank runs
  15. 15. 4.Tariffs Slow World Trade The passage of large tariffs led to a slowdown of international trade.
  16. 16. 4.Tariffs Slow World Trade The purpose of a tariff is to protect American businesses from foreign competition
  17. 17. Hawley-Smoot Tariff Act The Hawley-Smoot Tariff was the highest tariff in U.S. history and led to foreign countries refusing to trade with the U.S., leading to more
  18. 18. Black Tuesday (last 2 minutes)
  19. 19. Coming Up… Hoover Reacts
  20. 20. Today’s Objective We will identify the events that led to beginning of the Great Depression.
  21. 21. Today’s Product I will create a bubble map that will describe the key events that led to the beginning of the Great Depression.

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