This presentation informing about great depression 1929. Telling us reasons of great depression, what happen in this processand How to find a solution for the crisis?
This presentation informing about great depression 1929. Telling us reasons of great depression, what happen in this processand How to find a solution for the crisis?
The Great Depression - Presentation (Macroeconomics Perspective)Arjun Parekh
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 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 - Presentation (Macroeconomics Perspective)Arjun Parekh
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 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.
A slideshow for an introductory lesson on the Great Depression, with an emphasis on the cultural impact and the use of photos to tell stories about the people living during the era.
The presentation tells about all the aspects that led to the great economic depression in 1929. All the historical, financial and other factors are looked upon with the help of online available data.
Business Economics of US is studied where its market and growth from past to present and future challenges to the growth is covered such as depression and debt problems.
The Great Depression was a major monetary droop in the 1930s. Numer.docxrtodd33
The Great Depression was a major monetary droop in the 1930's. Numerous Americans lost their positions, their investment funds, and their homes. In any case, the United States was not by any means the only influenced nation. The business droop influenced the whole world. Many quality Black Tuesday, when the New York Stock Exchange slammed in 1929, as the significant reason, yet one can not disregard the way that there was not only one single factor causing this financial defeat. Most antiquarians and financial analysts concur that the securities exchange crash was only one of numerous supporters of the droop. As a general rule, it was all the more a sign that things had just turned out badly. To comprehend the Depression's causes, one must go further back. The Great Depression came about because of a blend of efficient and political causes that had been developing since months preceding the accident.
After World War I finished, American ranchers made some troublesome memories making benefits. The homestead despondency of the 1920's was a contributing financial factor to the Great Depression. Ranchers were delivering a surplus and well over what American customers were obtaining. Costs of rural items fell around 40% by 1921 and stayed low for the remainder of the decade. A few ranchers were in so much deficiency they couldn't take care of the home loan on their homestead and needed to lease the land or even leave. Harsh occasions had hit other significant pieces of the economy, also, including vitality, coal mining, railways, shipbuilding, and materials. Organizations had a lot of stock and too barely any purchasers.
Likewise, high taxes and war obligations were political reasons for the Great Depression. America had loaned cash to the United Kingdom and other
European countries in World War I
reparations. This made numerous different economies become dependent on the U.S. economy. As the United States encountered this monetary downturn, numerous different countries were influenced as America demanded reimbursement. European nations couldn't bear to reimburse their obligations. Pressures were additionally exacerbated when the Hawley-Smoot Tariff Act was passed in 1930. In view of the goals of protectionism, this demonstration raised import obligations to secure American ranchers and specialists, bringing about world exchange decrease by 66% from 1929 to 1934 and worldwide financial strain.
The 1920's were a period of incredible financial and innovative development in America. World War I had quite recently finished, and Americans were prepared to take a break from the nervousness of world legislative issues. During this time, known as the Roaring Twenties, Americans were centered around bringing in cash and having a fabulous time. Manufacturing plants worked to make weapons and ammo for the war were restored to produce purchaser items. In any case, overproduction in industry brought about a financial reason for the Great Depression. .
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2. The Great Depression
The great depression was a worldwide crisis that
happened during the decade before the world war II.
The crisis stated in 1929 and it extended until the end
of he 30’s and the beginning of the 40’s.
The great depression began in the united states with
the fall of the stock on October 29, 1929 (knew as the
“black Tuesday, although, already have been a black
Thursday) and it expanded almost to all the countries
in the world. The depression had the most devastating
effects in poor and rich countries.
3. The national income, the revenue, the profits and the
prices felt and the international trade declined
between 50% and 66%. The unemployment in the
united states reached 25% and in some countries 33%.
The countries began to get together in the middle of
the 30’s but the negative effects in many countries
lasted until the beginning of the world war II. The
election of Franklin Roosevelt as president en the
establishment of the New Deal in 1932 stated the
beginning of the end of the great depression in the
United States.
4. Background
Economic consequences of the world war I
The left deeps economics consequences, giving an end
to the international economic order, that existed since
the second half of the twentieth century.
The world war I also establish a new political map of
Europe, with new borders that changed the
commercial and economic structure of the continent.
This broke the markets and made the loose economic
efficiency, demanding new investments.
5. At the end of the war the United States experimented a
strong evolution, moving Britain of the worldwide
economic leadership. During the previous years of the
great depression, the production and the demand
increased in the country, dominated by the
technologic innovation. Since the summer of 1929 a
several of macroeconomics indicators had already
began to suffer a small decline.
6. Causes
Until 1925 the worldwide economy was balanced: the
production was right back where it were before the
war, the prices of raw material were stabilized and the
countries through a period of high economy were
numerous. However, there were a series of traditional
balances that were not the same: in the UK, the
unemployment and the endemic crisis were
overwhelming. The international debt only could by
pay with gold and merchandise, and the US inhibited
their importations from Europe with new and every
time more expensive taxes, at the same time they used
their superiority to impose their exportations over
Europe.
7. Since 1925, the activity of the stock had evolved as good as
the industrial production of the country. The prices of the
shares climbed regularly year after year, and the Americans
found the source of a quick fortune in the stock
speculations.
The demand continued and the shares reached a very high
level and soon the price of the stock become pure
speculations. It was the rush to play in the stock
speculations. The time passed and the Americans stared to
play the stock with borrowed money, so in the stock
market, when a stockbroker could not face a share he was
forced to sell with lost in order to cover other possible
creditors. Among the small speculators (millions of
Americans) were very few who possessed considerable
liquidity reserves.
8. In October 1929, all the system felt down and in a few days,
the prices lost all that they had earn over the years. The
small speculators were in ruin and they had to sell with
lost. In October, 23, 1929, the prices registered a lost
between 18-20 points (about 6 millions dollars), the next
day between 20-30 points and 30-40 points for the biggest
enterprises. On Monday 28, a new declined happened,
loosing between 30-50 points and the next day past to the
history as “black Tuesday”. In a few hours 16 millions of
shares were sold with of 40%. Later in November, the
contributions had fallen by half since he beginning of the
stock crisis and no less than 50 billions dollars were vanish,
also the non-existence of a banking sector and the initial
failure of some banks made the banking crisis to spread all
over the country, multiplying the effects of the crisis.