The Great Depression

The Great Depression

Storyboard Text

  • The "Roaring Twenties"
  • Stock Prices
  • Consumer Spending
  • 50%Off
  • Not a Speakeasy
  • International Depression
  • Bootlegger!
  • 1920, the economy is booming! People have a lot of money, there is credit, and you can invest in the stock market. What could go wrong?
  • Agriculture Struggle
  • No Flappers
  • Americans are over buying on credit causing them to buy less and not pay off loans. This caused the price of goods to fall and companies had to lay off their workers.
  • Stock Market
  • Pro Prohibition
  • Because of all the money Europe spent on WW1 they can't afford to to buy American products.  With this also came Tariff Laws which raised the price of foreign goods. This caused them to be to expensive for Americans and their was a huge drop in foreign trade.
  • Other Information
  • Causation: If you read carefully you will see that causation is represented throughout the presentation by showing how all the causes connect and what events in each caused what.If you look carefully you'll find the words, Flapper, bootlegger, speakeasy, and prohibition.
  • Farmers were producing more because of the high demand of their product. When demand dropped, they roose the prices causing prices to fall.Dust Bowl: A severe drought in Mississippi Valley
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  • Americans are buying tones of stocks and ignoring the risks that come with them. Along with that they were buying on the Margin. This caused demand to fall but factories still produced the same amount. Also the panic of getting money when the stock market crashed also contributed to the rise of the Great Depression.
  • Bibliography: https://www.history.com/topics/great-depression/great-depression-historyClass notes
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