The document discusses the causes and effects of the Great Depression in the United States in the 1920s and 1930s. It led to widespread unemployment, economic turmoil, and a stock market crash in 1929. The New Deal programs provided some relief but recovery was slow. U.S. entry into World War II dramatically accelerated the economic recovery by increasing jobs, government spending, and restoring confidence.

1. Christina Fisher

2.  The 1920s were a time of
luxury and industrial high
 Credit became available for
the American public
 The Stock Market reached
an all time high in
September of 1929

3.  The Stock Market crashed on October 29th, 1929,
aka Black Tuesday
 The country was in panic
 Stocks sold for nearly nothing
 In the next three years
over 14 million people
were unemployed

4.  Increase business’ profit by consumerism
 No increase in employee’s salary
 Overproduction of goods
 Federal Reserve didn’t apply credit breaks

5. NEW DEAL
PROGRAM
ENTRY IN
WORLD WAR II
VS.

6.  Only provided temporary jobs
 Focused on employed, by setting minimum
wage & maximum hours
 Helped with recovery but not enough

7. 1. Creation of Jobs
2. Increased Spending Money
3. Restored Trust

8. 1. Lowered the unemployment rate to below 10%
2. Women now worked “male” dominated jobs
3. Number of employed women rose 25- 30%

9.  Consumers now had a disposable income
 This increased spending
 Businesses were making a profit
 Stock Market recovered faster

10.  Everyone in the country shared a goal
 United through working for the total war effort
 Nationalism grew

11. The Great Depression
 Government
involvement made it
a slow recovery
 Entering WWII sped
up recovery
dramatically
The Great Recession
 The government
enforced a bailout
plan
 After the plan it still
took over a year to
recover
Would a entering war have helped recovery
from the Great Recession?