this is one of the most demanding and soughted ppt searched by students .i have put many intellctual insights about reasons of great depression 1930 that not only falsified the economic classical theory of jb says but also noviated the birth of new econmical perspective.
The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and rising levels of unemployment as failing companies laid off workers. By 1933, when the Great Depression reached its nadir, some 13 to 15 million Americans were unemployed and nearly half of the countryâs banks had failed. Though the relief and reform measures put into place by President Franklin D. Roosevelt helped lessen the worst effects of the Great Depression in the 1930s, the economy would not fully turn around until after 1939, when World War II kicked American industry into high gear.
this is one of the most demanding and soughted ppt searched by students .i have put many intellctual insights about reasons of great depression 1930 that not only falsified the economic classical theory of jb says but also noviated the birth of new econmical perspective.
The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and rising levels of unemployment as failing companies laid off workers. By 1933, when the Great Depression reached its nadir, some 13 to 15 million Americans were unemployed and nearly half of the countryâs banks had failed. Though the relief and reform measures put into place by President Franklin D. Roosevelt helped lessen the worst effects of the Great Depression in the 1930s, the economy would not fully turn around until after 1939, when World War II kicked American industry into high gear.
The Great Depression - Presentation (Macroeconomics Perspective)Arjun Parekh
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This brief presentation on 'The Great Depression' has been made from the point of view of understanding Macroeconomic factors that played an important role.
This is the first part of the lecture on the Great Depression. It traces the causes of the Great Crash and the road to the Great Depression. Frenzy consumerism, speculation, indebtedness, and agricultural collapse with the Dust Bowl ended in the greatest economic crisis in American History
The Great Depression - Presentation (Macroeconomics Perspective)Arjun Parekh
Â
This brief presentation on 'The Great Depression' has been made from the point of view of understanding Macroeconomic factors that played an important role.
This is the first part of the lecture on the Great Depression. It traces the causes of the Great Crash and the road to the Great Depression. Frenzy consumerism, speculation, indebtedness, and agricultural collapse with the Dust Bowl ended in the greatest economic crisis in American History
Defesa de Lula volta a pedir suspeição de Sergio MoroAquiles Lins
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Ăntegra da petição ao STJ em que os advogados do ex-presidente Lula argumentam que o juiz Sergio Moro comprometeu a imparcialidade para julgar o ex-presidente
UNIT 5-GREAT DEPRESSION OF 1929 AND THE NEW DEALSanskritiRazdan
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The Great Depression was the worst economic downturn in US history. It began in 1929 and did not abate until the end of the 1930s. The stock market crash of October 1929 signaled the beginning of the Great Depression. By 1933, unemployment was at 25 percent and more than 5,000 banks had gone out of business.
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INSTRUCTIONS
1) The âNew Eraâ, while celebrated by many Americans, was also rejected
by large segments of the country.
A) Who were those reactionary critics, and what âNewâ historical
phenomena did they find so repugnant?
B) How did such reactionaries express their anxieties: what groups, laws,
movements, etc.?
2) Although the Great Crash on Wall Street symbolically ended the 1920s
economic boom, fundamental weaknesses in the U.S. economy actually
paved the way for the Great Depression.
A) Explain these major structural flaws in the national economy and why
they helped cause the Depression.
B) Identify their roots: why did such flaws exist in the first place? Look to
the 1920s and connect those developments to 1930s struggles.
3) Franklin D. Roosevelt was elected on promising a âNew Dealâ for a
depression-ravaged American public.
A) What major economic and social problems did Roosevelt face upon his
election in 1932?
B) How did the Roosevelt Administration attempt to revolve those
problems? Focus on Rooseveltâs first two years in office, or the so-called
âFirst New Dealâ.
5) The Second World War demanded an immense mobilization on the
American homefront.
A) With (white) men away, what traditionally marginalized groups of
people helped produce this unprecedented amount of materials? How did
they contribute to the war effort?
B) What were the legacies of World War II? Consider its social effects as
well as its impact on Americaâs economy, foreign policy, and governing
structures.
Please answer clearly for each essay prompt.
1Q) which were the main causes of great depression From the b.docxfelicidaddinwoodie
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1Q) which were the main causes of great depression?
From the book of history economy I have learnt about the economic situations in America and among them the most devastating was Great Depression. In the year March 1930 when Herbert Hoover was president when the Great Depression started. The main problem was to the farmers who suffered the heavy prices and indebtedness. There was a decline in the economic activity. There was also the crash in stock market, banking crisis also existed and also smooth Hawley tariff came into existence. He proclaimed in that the U.S. Had "passed the most noticeably awful" and contended that the economy would get itself straightened out. The most noticeably bad had started and it endured till the flare-up of World War II in 1939.There are a few reasons for the Great Depression which are generally bantered about. There was no single reason, however a few things conflicted with to get it going. Few noteworthy reasons were a feeble saving money framework because of Federal Reserve Monetary Policy, over creation of merchandise in industry and agribusiness, over spending and blasting credit gurgled, unequal circulation of riches, high duties and war obligations. Political changes 1928 Presidential decisions, Stock Market accident and money related frenzy.
It was noted that The Wall Street Crashed in 1929 was the most devastating crash in the history of the United States. On October 1929 is called âBlack Tuesday.â the stock market lost $14 billion, making the loss for that week an astounding $30 billion. It took 23 years for the stock market to hit the high it was at before the crash. It was also published in New York times about the new of stock market crashing.The news of stock market crash spread like a wild fire cause panic, customers rushed to banks for withdrawing money causing disastrous âbank runsâ. Many wealth people lost their total wealth and committed suicide. Many companies were shut down and lot of people lost their jobs. It was noted at the peak of depression 1 out of every 4 people were jobless. Between 1930 and 1935 nearly 750,000 farms were lost through bankruptcy or sheriff sales.
People who lost their homes often lived in what were called âHoovervillesâ or shanty towns that were named after President Herbert Hoover. There was also âHoover Stewâ which was the name for food handed out to the poor at soup kitchens. âHoover Blanketsâ were the newspapers that were being used to cover people like a blanket. âHoover Hogsâ were jack rabbits that were used for food, and âHoover Wagonsâ were broken down cars that were pulled by mules. People who became homeless would ride on railroad cars, because they didnât had money to travel. It is believed that more than 50,000 people were injured or killed while jumping trains. They traveled together and were called âHobosâ.
The living conditions at that time in United States of America were miserable there was not enough food, shelter or medical care. Many suffe ...
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
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In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
How to Create Map Views in the Odoo 17 ERPCeline George
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The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Operation âBlue Starâ is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
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What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as âdistorted thinkingâ.
How to Make a Field invisible in Odoo 17Celine George
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It is possible to hide or invisible some fields in odoo. Commonly using âinvisibleâ attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Palestine last event orientationfvgnh .pptxRaedMohamed3
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An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
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The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesarâs dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empireâs birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empireâs society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
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This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
1. ŠPearson Education, Inc., publishing as Pearson Prentice Hall. All rights reserved.
172
READING CHECK
In 1928,how did Americans
show their approval for the
way Republicans handled the
economy?
VOCABULARY STRATEGY
What does the word converge
mean in the underlined sen-
tence? What context clues can
you find in the surrounding
words or phrases? Circle any
words or phrases in the para-
graph that help you figure out
what converge means.
READING SKILL
Recognize Causes Look over
the concept web. Select a
cause of the Great Depression.
Explain how it contributed to the
depression.
The Roaring Twenties were a Republican decade. Beginning in 1920,
Republican Presidents led the nation and took credit for the good
economic times. In 1928, the country continued to support the
Republicans by electing Herbert Hoover President. However, the
nationâs prosperity was not as deep or as sturdy as it appeared.
American farmers faced difficult times in the 1920s. They had
borrowed money to buy land and machinery to increase the harvest
yields during World War I. Although the demand for American
crops fell after the war, farmers were still producing large harvests.
Cheap food flooded the markets, lowering farmersâ profits and mak-
ing debt repayment hard.
Industrial workers, whose wages rose steadily, did better than
farmers. The owners of companies did even better. They became very
rich. In fact, in 1929, the wealthiest 0.1 percent of the population
earned about the same amount of money as the bottom 42 percent.
However, the people with great wealth could not buy enough goods
to keep the economy strong. Still, many workers took advantage of
easy credit to buy products. This disguised the problem and helped
the economy to grow.
By 1929, it became clear that too much money was being poured
into stock speculation. Investors often borrowed money to buy
stocks, then sold them to turn a quick profit. Frantic buying and sell-
ing inflated the prices of stocks to unrealistic levels. Finally, all the
problems began to converge. A sharp drop in stock prices led to pan-
icked selling. Stock prices bottomed out on Black Tuesday, October
29, 1929, wiping out whole fortunes in hours.
The stock market crash marked the beginning of the Great
Depression, a period lasting from 1929 to 1941 in which the U.S. econ-
omy faltered and unemployment soared. Thousands of banks closed
and many businesses failed. The government tried to boost the sale
of American goods by passing the Hawley-Smoot Tariff, which
placed high taxes on foreign goods. Foreign governments responded
by placing tariffs on American goods. The result was closed markets
and unsold goods, which destroyed international trade. Economists
still disagree on what was the most important factor leading to the
Great Depression, which eventually affected the whole world.
Review Questions
1. How did World War I affect farmers and help lead to the Great
Depression?
2. Why was stock speculation a problem?
Name Class Date
CHAPTER
12 Section Summary
Section 1 CAUSES OF THE GREAT DEPRESSION
3. ŠPearson Education, Inc., publishing as Pearson Prentice Hall. All rights reserved.
174
READING CHECK
In what part of the country did
the Dust Bowl occur?
VOCABULARY STRATEGY
What does drastic mean in the
underlined sentence? Read the
underlined sentence aloud, but
leave out the word drastic. What
word could you use in its place?
Use this strategy to help you fig-
ure out the meaning of drastic.
READING SKILL
Categorize Which of the follow-
ing were present in both urban
and rural America? Circle your
answer.
⢠Hoovervilles
⢠Unemployment
⢠Farm foreclosures
The Great Depression deeply affected Americans. Some lost every-
thing they had while others struggled simply to survive. In the cities,
Americans faced rampant unemployment. Between 1921 and 1929,
annual average unemployment rates never rose above 3.7 percent.
By 1933, almost 25 percent of workers were without jobs. As unem-
ployed families ran out of money, their hardship deepened. Drastic
necessity forced them to sell their belongings. Sometimes a familyâs
only food came from a bread line, where people lined up for hand-
outs from charities or public agencies. Many people were evicted
from their homes. With no place else to go, they sometimes grouped
together in Hoovervillesâmakeshift shantytowns of tents and
shacks built on public land or vacant lots.
Conditions were bad in rural America, too. Before the depres-
sion, farmers had already been struggling. During the depression,
their problems worsened. Crop prices dropped lower. Between 1930
and 1934, nearly one million farmers lost their homes for failure to
pay their mortgages. Some farmers stayed on the land as tenant
farmers, working for bigger landowners rather than for themselves.
A severe drought and overfarming on the Great Plains turned the
soil to dust, making farming impossible and creating huge dust
storms. High plains regions in Texas, Oklahoma, Kansas, New
Mexico, and Colorado became known as the Dust Bowl. Many farm-
ers left the area and moved to California to look for work. Because
some of these people were from Oklahoma, Dust Bowl refugees
became known as Okies.
Minorities were hit the hardest by the depression. African
American sharecroppers were thrown off the land they had farmed
and migrated north. In 1932, unemployment among African Ameri-
cans was nearly double the national rate. In the Southwest, many
white Americans urged repatriation of Mexican Americans. Repatri-
ation involved government efforts to send Mexican immigrants and
their American children back to Mexico.
For many Americans, the depression was a time of great hope-
lessness and despair.
Review Questions
1. What were some of the problems that farmers faced during the
depression?
2. What was repatriation, and who was most affected by it?
Name Class Date
CHAPTER
12 Section Summary
Section 2 AMERICANS FACE HARD TIMES
5. ŠPearson Education, Inc., publishing as Pearson Prentice Hall. All rights reserved.
176
READING CHECK
Who led army troops against
protesters in Washington, D.C.,
during the summer of 1932?
VOCABULARY STRATEGY
What does the word
simultaneously mean in the
underlined sentence? Look for
clues in the surrounding words,
phrases, and sentences. Circle
the phrase below that has the
same meaningas simultaneously.
⢠done at the same time
⢠done one after the other
READING SKILL
Identify SupportingDetails List
the details that support the con-
clusion that Hooverâs policy of
volunteerism failed.
From big cities to small towns, the Great Depression spread misery
across America. As the crisis deepened, Herbert Hoover struggled to
respond to the nationâs problems.
At first, Hoover felt that government should not interfere with
what he thought was the natural downswing of the business cycle.
Soon, however, Hoover tried a different approach, called volun-
teerism. Hoover asked business leaders not to cut prices and wages.
He called for the government to simultaneously reduce taxes, lower
interest rates, and create public-works programs. He also asked the
wealthy to give to the poor through charities. Finally, Hoover called
for a policy of localism. This policy asked state and local govern-
ments to provide more jobs and relief measures. However, busi-
nesses cut wages and laid off workers, towns and states did not have
the resources to respond to the crisis, and charities ran low on
money. The crisis demanded federal action.
Next, the President decided to adopt a policy of trickle-down
economics. The idea was that the government would provide loans
to bankers so they in turn could lend money to businesses. Busi-
nesses would then hire workers, leading to increased production and
consumption, and the end of the depression. At Hooverâs urg- ing,
Congress created the Reconstruction Finance Corporation (RFC)
to provide loans to businesses. However, businesses that did receive
loans did not always use them to hire workers. Hoover did have one
success in the building of Hoover Dam. Construction of the dam on
the Colorado River brought much-needed employment to the
Southwest in the early 1930s.
Americans became increasingly unhappy with Hooverâs han-
dling of the depression. A group of almost twenty thousand unem-
ployed World War I veterans known as the Bonus Army marched in
protest and set up camps in Washington, D.C. They wanted early
payment of a bonus promised them. Congress agreed, but Hoover
vetoed the plan. When riots broke out in July 1932, Hoover called in
the military. General Douglas MacArthur led army troops against
the veterans. Many of the veterans were hurt, a situation that
angered many Americans. Hoover had little hope of reelection.
Review Questions
1. What was President Hooverâs first response to the depression?
2. What was the Bonus Army?
Name Class Date
CHAPTER
12 Section Summary
Section 3 HOOVERâS RESPONSE FAILS