5th period, 3 cause and effect slides, 2/3 visuals.
All my money and savings are gone!
The Great Depression by Sean Luu
On October 29, 1929, the Great Stock Market Crash (or Black Tuesday) occurred. When the economy began to slow down, people started to panic and sold about 16 million shares on the stock exchange, causing the stock market to crash and people to lose almost everything.
The economy is going down quick! I need to sell my stock before it's too late!
Stock Market Crash
With new machinery and more crops, prices were dropping so low that farmers couldn't make any profit from it, and were soon in debt or went bankrupt. To make matters even worse, in the Midwest, a dust bowl began that turned all the soil into dust, which caused farmers to not have enough money to pay their bills and lost their farms.
All of our crops are gone now!
What are we going to do with the farm now?
In the 1920s, there were lots of new products around. Banks advertising made everybody believe that they could afford items with credit, which let them borrow money to use, but this soon became a problem, as people were going into large amounts of debt because they couldn't pay back what they owed.