Great Depression

Great Depression

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  • There were a mass production of goods. However, only the highest classes could afford them
  • 5% of the wealthiest classes received 33% of the nation’s income.
  • I know, at this rate profits will fall and poverty rates will increase. 
  • The US is the prime exporter and supplying Europe with almost all their commodities.
  • This debt set the stage for the Great Depression
  • Not for long, the banks cant pay back European Governments
  • Stock prices have crashed, my business is gone.
  • Stack market crash crippled the economy because investors and businesses put their money in the stock
  • Why don't we have any money?
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