PPT-The First Years of the Great Depression: 1929-1932

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 . L/O – To identify how Presidential Government replaced Parliamentary Government in 1930-32. Decline of Parliamentary Government. After 1930 democracy declined as Germany moved from parliamentary government to presidential government, and then to . The 1929 Stock Market crash was a result of various economic imbalances and structural failings. These are some of the most significant economic factors behind the stock market crash of 1929.. CREDIT BOOM. 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 . 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.. What do you know . about the Great Depression in the United States in 1930s?. Discuss in pairs. The big bang. !. Crowds gather  in the Wall Street district of Manhattan due to the heavy selling on the stock market in New York City on Oct. 24, 1929, less than a week before the Oct. 28-29 crash.. Tens of thousands . of businesses failed . and unemployment rose to 25%. The American banking system collapsed . Hoover initially relied on rugged individualism but offered relief checks and job programs, . The Great Depression and the Initial Realignment. The Lead up to the Depression: 1) The Road Building Boom. 1) As late as 1921 . No Highway in the United States had a Number. .. 2) Chains on all 4 Wheels and a shovel with a collapsible handle were necessary equipment for all cars.. 27. Previously. The AD-AS model is a simplified view of the economy that helps us evaluate short-term fluctuations in real GDP and unemployment. The AD-AS model helps us understand the macroeconomic impacts of real-world changes and gives us an important tool to use in government policy analysis. Tens of thousands . of businesses failed . and unemployment rose to 25%. The American banking system collapsed . Hoover initially relied on rugged individualism but offered relief checks and job programs, . L/O – To identify how Presidential Government replaced Parliamentary Government in 1930-32. Decline of Parliamentary Government. After 1930 democracy declined as Germany moved from parliamentary government to presidential government, and then to . .. 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.. 1929-1939. http://www.youtube.com/watch?v=gplaqa2yRgg. Stock market. Bull market 1920’s----Dow Jones 1924=180, 1929=381 1932=41. Buying on Margin…..5%. Banks and businesses financed brokers who facilitated risky buys. 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.