PPT-The Great Depression 1929-1940

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. Nicholas Crafts and Peter Fearon. The 1930s. Deflation, slump and crisis. De-globalization: trade wars, collapse of gold standard and of foreign lending. Lessons from the downturn quite well understood; but also much to be gained from looking at recovery. (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. . 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…. 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. AP US History. Key Concept 7.1 . Governmental, political, and social organizations struggled to address the effects of large-scale industrialization, economic uncertainty, and related social changes such as urbanization and mass migration.. 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.. .. Warm-up . The Great Depression. 8.E.1.1 . Explain how conflict, cooperation, and competition influenced periods of economic growth and decline.. 8.H.2.1 . Explain the impact of economic, political, social, and military conflicts on the development of North Carolina and the United States.. Redefined Democracy:. Political Rights . . Economic. Security . . Social Justice. Essential Question. :. What were the causes of the Great Depression?. Warm-Up Question. :. Think about the changes that took place in America in the 1920s. In what ways were these changes good? Bad? . Effects of the . New . Deal. The Depression of . 1937-1938. An Anemic Recovery: 1938-1940. WWII & Great Depression of 1946. ECO 473 – Money & Banking – Dr. D. Foster. Myth vs. Reality of the Great Depression. Objective 3.3: . Explore life during the Depression and the efforts made to restore prosperity in the USA and elsewhere. Warm-Up: The Great Depression. If someone says it better, let them say . it… CRASH . a. Discuss the Stock Market Crash of 1929, Herbert Hoover, Franklin Roosevelt, the . Dust Bowl, and soup kitchens.. b. Analyze the main features of the New Deal; include the significance of the Civilian Conservation Corps, the Works Progress Administration, and the Tennessee Valley Authority.. The Economic Record . of . the Great Depression. Conditions During the Great . Depression. Large reductions in output. Soaring unemployment. Farm and home foreclosures. Bank failures. Human suffering.