PPT-Causes of the Great Depression

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 caused the most severe economic crisis in American history. ?. Black Tuesday. October 29, 1929. The U.S. Stock Market lost 90% of its value.. When the stock market crashed, it triggered the economic collapse. 1928-1932. Section 1. Causes of the Depression. Prosperity Hides Troubles. Optimism Sweeps Hoover to Victory. In the 1920’s the U.S. economy was booming. Herbert Hoover . – an accomplished public servant – to run for the White House. 18 AugGreat-great-granddaughter-in-lawDebrah A. EastmanGreat-great-great-granddaughterRichard SmithJeremy Beattie SmithGreat-great-great-great-grandsonDiane L. Eastman Great-great-great-great-granddau US History: Spiconardi. Hard Times for Americans. Hardships Americans Faced. Unemployment. Unemployment rate sky rockets from 3% in 1929 to 25% in 1933. Hard Times for Americans. Family Life. Many fathers left families to find work elsewhere. As . the Great Depression escalated into a national . crisis. , . American citizens looked to President Herbert Hoover for a . federal. . response. . Hoover was hailed by many as the “Great Humanitarian” and a wonder worker who could find a solution to their problems. However, Hoover was firmly entrenched in “laissez faire” ideology which would greatly limit his initial response to the Great Depression. . 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. SS8H8b. Explain economic factors that resulted in the Great Depression.. Standards. The Great Depression. Economies go through highs and lows. Extreme lows are called “. depressions. ”. During a depression, unemployment is high and people have little money to spend. Businesses fail.. Farm Depression of the 1920s. Prices of farm products . fell . about 40% . by 1921 . and . remained . low . through . the . 1920s . Farmers were producing more than American consumers were consuming. 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.. Hard Times. Hoover’s Policies. What is most money spent on during the 1920s?. What is the economic boom based on in the 1920s?. How did one man’s actions affect the condition of banks in 1928?. What affect does the stock market crash have on employment?. The New Deal. The government wanted to care for the citizens in need. What was the Agricultural Adjustment Administration?. New Deal program to help farmers. Federal Reserve. Supposed to protect banks, but failed during the Great Depression. La gamme de thé MORPHEE vise toute générations recherchant le sommeil paisible tant désiré et non procuré par tout types de médicaments. Essentiellement composé de feuille de morphine, ce thé vous assurera d’un rétablissement digne d’un voyage sur . 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. The Great Depression hits. Hoover elected President in 1928. “predicts the end of poverty”. Warning signs of Depression. Buying stock on . Speculation. Buying on Margin. Stock prices are inflated.