The document discusses the causes and effects of the Great Depression. It explains that World War I left many nations in large amounts of debt. This was one of the main causes of the Great Depression. In 1929, the value of stocks dropped dramatically in the US stock market crash, known as "Black Friday". This crash had ripple effects around the world as it reduced money available for imports and exports. Countries like Germany were already struggling with debt from World War I and the economic downturn made conditions much worse, laying the groundwork for the rise of Hitler.

1. The Great Depression By: Amber Ferger Mike Gaul Mike Voss and Tom Answeeney

2. Our Task Describe the cause and effect of the Great Worldwide Depression. What would have happened to people like Hitler if it never occurred?

3. What was the Great Depression? depression : the state of being sad and gloomy; dejected; downcast 1929-1930 Economic slump in North America, EUROPE , and other countries Longest and most severe depression

4. Causes World War One The Stock Market Crash

5. World War One ~Long difficult war ~ Nations borrowed money from the United States ~Left many nations in DEBT

6. Capital: the wealth, whether in money or property, owned or employed in business by an individual, firm, corporation (simply put: money earned) Stock: a share of a company (money raised by a company by selling shares of the company) Key Words

7. One of the Main Causes * Stocks rose Borrow money 1929: value of a stock went way down People became poor and economy suffered What exactly was the stock market crash? Stocks Stocks “ Black Friday”

8. Europeans exported goods to America Stock Market Crash= not enough money for European imports Europeans suffered How did that effect Europe?

9. Specific Places England Italy France Germany

10. GERMANY

11. WWI and GERMANY Spent a ton of money on the war Treaty of Versailles ~Blamed Germany for the war ~Made them pay for it ---- debt (decrease in markets)

12. If Germany was in debt where did they get the money to pay for the war? ~Americans After the War