The effects of the depression

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The effects of the depression

  1. 1. THE EFFECTS OF THE DEPRESSION
  2. 2. The effects of this worldwide depression included varied economic responses by governments What does “varied responses” mean though? ONE SIZE FITS ALL?
  3. 3. Most countries’ response was to become isolationist. What does “isolationist” mean again? By becoming isolationist, they hoped they could focus on their own problems. MOST COUNTRIES…..
  4. 4. Democratic countries worked to improve things by passing new laws. In America, for example, FDR was popularly elected to be president and was tasked with fixing things in 1932. DEMOCRATIC NATIONS
  5. 5. FDR and Congress began pushing the “New Deal.” I. Focused on Relief and Reform II. Public Work Programs III. Regulated the banks and stocks A NEW DEAL?
  6. 6. Increased government influence in daily life For the first time in America, the government provided relief for people’s problems. Today, this is largely the case. So who used to provide for the needy? RESULT OF THE NEW DEAL?
  7. 7. Britain enacted protectionist policies: (policies designed to protect local businesses from foreign competition) Examples • Dropping the gold standard • Government take over of certain businesses • Raised taxes to loan money to companies THE BRITISH RESPONSE
  8. 8. Other countries turned to totalitarian (dictator) leaders. Began a new imperialism to gain raw materials for producing things and jump-starting their economies. This leads to World War II. NOW FOR THE (NON) DEMOCRATIC RESPONSE

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