1 / 44

Great Depression

Great Depression. By James Kim, Jongkyu Jong, and Edward Yom. Quote. "If, with all the advantages I've had, I can't make a living, I'm just no good, I guess." - An unemployed Texas schoolteacher, 1933. The great depression photos. By James Kim, Jongkyu Jong, and Edward Yom.

erma
Télécharger la présentation

Great Depression

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Great Depression • By James Kim, Jongkyu Jong, and Edward Yom

  2. Quote • "If, with all the advantages I've had, I can't make a living, I'm just no good, I guess." • - An unemployed Texas schoolteacher, 1933

  3. The great depression photos • By James Kim, Jongkyu Jong, and Edward Yom

  4. The causes of Great Depression

  5. The economy before • The “Roaring Twenties” • The unemployment rate was low • Stock prices were rising • Gross National Product rose

  6. The collapse of the stock market • Stock prices sharply increased • People began to invest more on the stock market • Number of shares traded rose from 318 million in 1920 to more than 1 billion in 1929

  7. The collapse of the stock market • People became aware of troubles in the economy. • Rumors spread • People started selling their stocks • Bankers tried to prevent the collapse by buying stocks

  8. Major factors • Bank Failure • Farm Failure • Unemployment

  9. Bank Failure • Banks lost financial resources • No deposit insurance • Nervous depositors came for their money • More banks closed

  10. Farm Failures • People could not afford foods • Farmers could not sell their goods • The Dust Bowl • Farmers could not pay for land and equipment • Farms went bankrupt or suffered foreclosure

  11. The Dust Bowl • Farm land became vulnerable • Drought lasted for years • Wind storm stripped away top soils

  12. Unemployment • After the crash, economic activity fell • GNP fell more than 40% by 1933 • Unemployment reached 25%

  13. The Impacts of the Great Depression on various groups

  14. Agriculture • 1.) Farm Owners • 2.) Sharecroppers • 3.) Tenant Farmers

  15. Agriculture Cont. • Consumer’s demand for food decreased • Consumer Spending on Food: $11.5 • Surplus of production led to decrease in farm prices • By 1933, prices were down more than 50% • Bankrupt and Foreclosure • Dust Bowl add a greater damage

  16. Industry • Companies • Industrial production failed • Companies were ruined • Corporate earnings have failed • The total market capitalization dramatically decreased • Industrial Workers • Unemployment rate increased (3.2% to 25%) • According to AARL, 17 million were unemployed

  17. American Family • Socially • Men • Women • Children • Economically • Hoovervilles - shantytowns • Earnings: • no income • 10 - 12 cents/day

  18. Ethnic and Racial Minorities • Social Problems • Racial Discrimination (Prejudice) • Violence • Severe Immigration restrictions • Return to their homelands

  19. Bibliography • VisualizingEconomics, "Long-term real growth in US GDP per Capita." http://visualecon.wpengine.netdna-cdn.com/wp-content/uploads/2011/03/RealGDPperCapita.png. • Martin, Kelly. About.com, "Top 5 Causes of the Great Depression ." http://americanhistory.about.com/od/greatdepression/tp/greatdepression.htm.

  20. Bibliography • "6th September 2011, The Great Depression 2.0? ." Last modified September 6 2011. Accessed December 4, 2011.http://marketnightshift.wordpress.com/2011/09/06/6th-september-2011-the-great-depression-2-0/. • "A Photo Essay on the Great Depression ." Accessed December 4, 2011. http://www.english.illinois.edu/maps/depression/photoessay.htm. • "Biggest decline since the Depression. We think.." Last modified October 11, 2007. Accessed December 4, 2011. http://www.businessweek.com/the_thread/hotproperty/archives/2007/10/biggest_decline_since_the_depression_we_think.html. • "Business And Politics News." Last modified September 28. Accessed December 4, 2011. http://www.profi-forex.us/news/entry4000000221.html • "Chapter 25 Life During the Depression ." Accessed December 4, 2011. http://herndonapush.wikispaces.com/Chapter 25 Life During the Depression. • Daly, Jay. "Decade of The Great Depression ." Accessed December 4, 2011. http://www.nansemondriverworks.com/lesley/dealdaly7.html. • "Desperation Road - The Red River Valley Migration." Accessed December 4, 2011. http://www.redriverhistorian.com/desperation.html. • DRAMATIC HISTORY PICTURES , "Great Depression of 1929: Hope it does not come again." Accessed December 4, 2011. http://poisonpage.blogspot.com/2008/10/great-depression-of-1929-hope-it-does.html.

  21. Bibliography • "Eyes of the Great Depression 006 ." Last modified NOVEMBER 17, 2008. Accessed December 4, 2011. http://www.google.com/imgres?q=great depression&um=1&hl=en&client=safari&sa=N&rls=en&biw=1201&bih=684&tbm=isch&tbnid=PHhd0j3W5tu7pM:&imgrefurl=http://exit78.com/eyes-of-the-great-depression-006/&docid=QBjbPwUJa9T0-M&imgurl=http://exit78.com/wp-content/uploads/2008/11/eyes-of-the-great-depression-0061.jpg&w=515&h=401&ei=vDrbTrCENszomAWoxNjrCw&zoom=1&iact=hc&vpx=105&vpy=194&dur=1533&hovh=198&hovw=254&tx=96&ty=81&sig=117985912163850344368&page=7&tbnh=143&tbnw=184&start=104&ndsp=17&ved=1t:429,r:0,s:104 . • grow map, "What Caused the Great Depression is NOW ." Last modified JULY 1, 2010. Accessed December 4, 2011. http://www.growmap.com/what-caused-the-great-depression-is-now/. • "Historical Facts About the Great Depression ." Accessed December 4, 2011. http://factoidz.com/facts-of-the-great-depression/. • Lubin , Gus. Last modified Sep. 23, 2011. http://www.google.com/imgres?q=great depression&um=1&hl=en&client=safari&sa=N&rls=en&biw=1201&bih=684&tbm=isch&tbnid=EFPt9WGAlx8KOM:&imgrefurl=http://www.freerepublic.com/focus/f-news/2782599/posts&docid=M9EYNwpHtyyXjM&imgurl=http://www.proprofs.com/flashcards/upload/q7739601.jpg&w=588&h=450&ei=vDrbTrCENszomAWoxNjrCw&zoom=1&iact=hc&vpx=288&vpy=273&dur=5975&hovh=196&hovw=257&tx=220&ty=97&sig=117985912163850344368&page=13&tbnh=143&tbnw=183&start=208&ndsp=18&ved=1t:429,r:1,s:208. • mi2g, "Asymmetric Threat Of A Second Great Depression?." Last modified May,23,2010. Accessed December 4, 2011. http://www.mi2g.com/cgi/mi2g/frameset.php?pageid=http://www.mi2g.com/cgi/mi2g/press/230510.php. • "MY LIFE IN THE 8TH GRADE." Last modified APRIL 1, 2010. Accessed December 4, 2011. http://kkeil.blogspot.com/2010/04/great-depression.html.

  22. Bibliography • Russolillo, Steven. Great Depression, "Maybe It’s Not A Depression, In The US At Least ." Last modified April 07, 2009 . Accessed December 4, 2011. http://newswires-americas.com/markettalk/tag/great-depression/. • spydersden, "The Great Dust Bowl." Last modified March 22 2011. Accessed December 4, 2011. http://spydersden.wordpress.com/2011/03/22/the-great-dust-bowl/. • "The Great Depression," Web,http://www.youtube.com/watch?v=S4aPi0ZgN0E • "The Great Depression and the New Deal." Accessed December 4, 2011. http://lcweb2.loc.gov/wpaintro/intro01.html. • Zonca, Adam. Modern American History, "Failure is an orphan… ." Last modified October 27 2010. Accessed December 4, 2011. http://blsciblogs.baruch.cuny.edu/his1005fall2010/2010/10/27/failure-is-an-orphan/ .

More Related