PPT-The Great Depression and the Americas (1929 – 39)

Objective 35 Consider the causes and effects of the Depression and how effectively they were dealt with in the countries of Latin America focusing on Argentina and Brazil WarmUp Statistical Analysis. (1929-1941). Housekeeping. Midterm on Wed October 9 11:35-12:50 pm . Law School Auditorium. (NOT Dunham Lab). TF office hours . Review sessions Mon and Tues night (see class web site).. Final questions?. In . the United States, the Great Depression began in the summer of 1929. .. . The . downturn became . markedly worse in late 1929 and continued until early 1933. .. . Real output and prices . fell. . century. Differences between the Great Depression 1929-33, and the Great Recession of . 2008. Use of Deficit Spending and Monetary Policy. Hist. of econ boom & bust: . http://www.youtube.com/watch?v=83sX8Ent4vo. Overview. Economic Freedom. Real economy. Financial economy. Alleged causes of the Great Depression. More likely causes. Implications for today. Why Do Economies Grow?. Sufficient amounts of . economic freedom . CHC2P1 – Miss Vuong. AGENDA . 1. Learning Outcomes. 2. Stock Market Continued…. 3. Effects of the Crash. 4. . The Great Depression. 5. . Political Figures . Learning Outcomes . Students will be able to…. I. Unchecked Stock Speculation. Stocks were artificially high.. Investors believed that the stock market would go up indefinitely.. Company stock became artificially inflated and bore little relation to the companies actual worth.. the . Great Depression. The Economic Record . of . the Great Depression. Conditions During the Great . Depression. Large reductions in output. Soaring unemployment. Farm and home foreclosures. Bank failures. Though not everyone shared in the prosperity of the 1920s, there was a general mood of optimism in the country…. But . this changed drastically in the early 1930s. Canada was plunged into the Great Depression - the worst economic downturn the country has ever faced.. 1929-1939. The end of the good times – Stock Market Crash. As the 1920s ended so did the prosperity and good times.. On October 29. th. , 1929, a date known as “Black Tuesday” the New York Stock Market crashed.. On October 29, 1929, stock prices fell drastically on Black Tuesday, resulting in a $10 to $15 billion loss in value. While this did not cause the Great Depression, it did undermine the economy’s ability to hold out against its other weaknesses.. of . '. 29. Definition. http://. content.time.com. /time/. photogallery. /0,29307,1677033_1474466,00.html. Hysteria on the Street. On the day of the collapse, the . stock exchange . lost $14 billion in value, ten times the annual budget of the federal government at that time. The “manly art of boxing,” seemingly ingrained in many cultures and introduced in the original Olympics in about 688 . bce. , adopted the Marquis of Queensbury rules in the late 1800s and made the sport less violent. . 1929-1939. The end of the good times – Stock Market Crash. As the 1920s ended so did the prosperity and good times.. On October 29. th. , 1929, a date known as “Black Tuesday” the New York Stock Market crashed.. BACKGROUND. Economies. historically pass through good and bad periods that regularly repeat themselves. These periods of business activity are referred to as the “business cycle”. The bad times are called recessions or depressions, depending on the severity.