The Great Depression    (1929 – 1939)
Causes• grossly inflated stock projections• buying stocks on credit• increased spending on credit• massive simultaneous st...
International Effects• U.S. owned much of world’s debt• Germany – hyperinflation, high  unemployment• Japan – forced banks...
U.S. Responses• Smoot-Hawley Tariff Act  – backfired• increased government spending• New Deal  – public works programs  – ...
Upcoming SlideShare
Loading in …5
×

Great Depression (1929-1939)

882 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
882
On SlideShare
0
From Embeds
0
Number of Embeds
97
Actions
Shares
0
Downloads
9
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Great Depression (1929-1939)

  1. 1. The Great Depression (1929 – 1939)
  2. 2. Causes• grossly inflated stock projections• buying stocks on credit• increased spending on credit• massive simultaneous stock withdrawals• massive bank withdrawals
  3. 3. International Effects• U.S. owned much of world’s debt• Germany – hyperinflation, high unemployment• Japan – forced banks to close• Great Britain – decreased spending, high unemployment
  4. 4. U.S. Responses• Smoot-Hawley Tariff Act – backfired• increased government spending• New Deal – public works programs – money for welfare programs – new regulations protecting banks and the stock market

×