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By Mark Ebaugh and Truc Le
1929-1939
 Stock market crash on Black Tuesday, 1929
 Closure of the banks
 High unemployment rates (As high as 20%- one out of
every five people were jobless).
 The dust bowl in the early 1930s, for it caused a shortage
of agricultural produce, as well as making life difficult in
the south.
 Herbert Hoover’s
granting of false hope to
the American people.
 People frantically retrieving their money from the banks,
but the banks did not have all the people’s money, called
the Bank Run.
 Large amounts of deflation due to unemployment; the less
people had money, so the worth of every dollar increased
dramatically.
 Increased suicides due to depression.
 Increased national hunger due to job loss.
 National loss of jobs.
 Decrease in commerce and overall welfare.
 President Franklin Roosevelt created the New Deal to improve
the economy during the Great Depression.
 Series of programs and experiments to restore prosperity to
America
 Stop people from withdrawing money from the shaky banks
for four days
 Making it legal for Americans to buy beer
 Laborers are able to bargain for higher wages and better
working conditions
 The New Deal brought the Government directly in economic
affairs
 The global economy suffered along with America’s, for
America was a very important participant in the commerce
of the world at the time.
 The Great Depression’s timing varied across the world, but
most started around 1930 and lasted until the late
1930s/early 1940s.
Information Sources:
 Digital History. N.p., n.d. Web. 8 Apr. 2014.
<http://www.digitalhistory.uh.edu/era.cfm?eraid=14&smtid=1>.
 "The Great Depression (1929-1939)." The Great Depression (1929-
1939). N.p., n.d. Web. 8 Apr. 2014.
<http://www.gwu.edu/~erpapers/teachinger/glossary/great-
depression.cfm>.
 PBS. PBS, n.d. Web. 5 Apr. 2014.
<http://www.pbs.org/wgbh/americanexperience/features/general-
article/dustbowl-great-depression/>.
Picture Sources:
 http://www.balkanplumbing.com/media/stock-market-crash-
1929.jpg
 http://blogs.cas.suffolk.edu/history182/files/2013/03/second-
great-depression.jpg
 http://upload.wikimedia.org/wikipedia/commons/5/54/Lange-
MigrantMother02.jpg
 https://depts.washington.edu/depress/images/hoovervilles/hoovervi
lle3.jpg

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Great Depression 1929-1939 Causes and Effects

  • 1. By Mark Ebaugh and Truc Le 1929-1939
  • 2.  Stock market crash on Black Tuesday, 1929  Closure of the banks  High unemployment rates (As high as 20%- one out of every five people were jobless).  The dust bowl in the early 1930s, for it caused a shortage of agricultural produce, as well as making life difficult in the south.  Herbert Hoover’s granting of false hope to the American people.
  • 3.  People frantically retrieving their money from the banks, but the banks did not have all the people’s money, called the Bank Run.  Large amounts of deflation due to unemployment; the less people had money, so the worth of every dollar increased dramatically.  Increased suicides due to depression.  Increased national hunger due to job loss.  National loss of jobs.  Decrease in commerce and overall welfare.
  • 4.  President Franklin Roosevelt created the New Deal to improve the economy during the Great Depression.  Series of programs and experiments to restore prosperity to America  Stop people from withdrawing money from the shaky banks for four days  Making it legal for Americans to buy beer  Laborers are able to bargain for higher wages and better working conditions  The New Deal brought the Government directly in economic affairs
  • 5.  The global economy suffered along with America’s, for America was a very important participant in the commerce of the world at the time.  The Great Depression’s timing varied across the world, but most started around 1930 and lasted until the late 1930s/early 1940s.
  • 6. Information Sources:  Digital History. N.p., n.d. Web. 8 Apr. 2014. <http://www.digitalhistory.uh.edu/era.cfm?eraid=14&smtid=1>.  "The Great Depression (1929-1939)." The Great Depression (1929- 1939). N.p., n.d. Web. 8 Apr. 2014. <http://www.gwu.edu/~erpapers/teachinger/glossary/great- depression.cfm>.  PBS. PBS, n.d. Web. 5 Apr. 2014. <http://www.pbs.org/wgbh/americanexperience/features/general- article/dustbowl-great-depression/>. Picture Sources:  http://www.balkanplumbing.com/media/stock-market-crash- 1929.jpg  http://blogs.cas.suffolk.edu/history182/files/2013/03/second- great-depression.jpg  http://upload.wikimedia.org/wikipedia/commons/5/54/Lange- MigrantMother02.jpg  https://depts.washington.edu/depress/images/hoovervilles/hoovervi lle3.jpg