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  • Ch-9-Great Depression

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    The document discusses the Stock Market Crash of 1929 and the Great Depression. It notes an economist's quote that "The End was here, but it was not yet in sight," referring to the crash being a symptom of larger economic problems. It also discusses President Hoover's laissez-faire approach failing to alleviate Americans' loss of confidence in the government. The "Bonus Army incident" further hurt Hoover's reputation. The document emphasizes the Depression's numerous and widespread causes and effects across industries like farming and its overall damage to the economy through defaulted loans and damaged banks.

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    Greta depresión

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    CH-9-GREAT DEPRESSION

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    The document discusses the Stock Market Crash of 1929 and the Great Depression. It notes an economist's quote that "The End was here, but it was not yet in sight," referring to the crash being a symptom of larger economic problems. It also discusses President Hoover's laissez-faire approach failing to alleviate Americans' loss of confidence in the government. The "Bonus Army incident" further hurt Hoover's reputation. The document emphasizes the Depression's numerous and widespread causes and effects across industries like farming and its overall damage to the economy through defaulted loans and damaged banks.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    11 views16 pages

    Ch-9-Great Depression

    Uploaded by

    Gaby’s Alies
    The document discusses the Stock Market Crash of 1929 and the Great Depression. It notes an economist's quote that "The End was here, but it was not yet in sight," referring to the crash being a symptom of larger economic problems. It also discusses President Hoover's laissez-faire approach failing to alleviate Americans' loss of confidence in the government. The "Bonus Army incident" further hurt Hoover's reputation. The document emphasizes the Depression's numerous and widespread causes and effects across industries like farming and its overall damage to the economy through defaulted loans and damaged banks.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 16

    The crowds on Wall Street after the stock exchange crashed.

    https://www.youtube.com/watch?v=RJpLMvgUXe8
    ***The Stock Market was more of a symptom/part of the only cause Depression!
    Famous quote below of John Kenneth Galbraith a famous
    economist at the time of the Stock Market Crash of 1929.
    “The End was here, but it was not yet in sight”
    What does the above quote mean?
    President Herbert Hoover is a laissez faire conservative & personally a
    rugged individualist that deals with the depression that way.
    Perception hurt Hoover a great deal in that people lost confidence in the
    government under him, they felt the govt didn’t care or would help to
    solve the problems.
    **Bonus Army incident hurt Hoover.
    WWI- Vets. go to D.C. to get
    a bonus that was promised
    to them but not due until 1945,
    Congress re-voted against
    Giving it now & Hoover orders
    WWI Veterans from D.C. &
    some do not go quickly
    & Hoover brings in military to
    move them & it goes
    horribly wrong, as 2 infants
    were killed with by the tear gas.
    https://www.youtube.com/watch?v=xkmo4ygPTjc

    What effect would this


    incident have on the
    American public?
    ***Defaulted Loans hurt Banks & the Economy overall.
    *Farmers were particularly hurt even earlier than most industries.
    https://www.youtube.com/watch?v=haVVWapm7Yw

    Penny Auction
    Ironic photo from the Great Depression
    http://great-depression-facts.com/
    KEY POINTS https://www.youtube.com/watch?v=R5xxM-sjBXM
    Remember the quote of Galbraith he is definitely correct.
    From the Stock Market Crash to 1932 things steadily declined.
    Hoover towards the end of his presidency starts to realize that Govt.
    needs to do more, but it is to little to late.
    The country is looking for hope & leadership to help out in this huge
    major economic emergency.
    The causes of the depression were numerous & the effects of it
    were numerous also.

    GREAT DEPRESSION QUIZES BELOW a quick review of some items.


    http://www.funtrivia.com/trivia-quiz/History/The-Great-Depression-in-America-119582.html
    http://www.funtrivia.com/playquiz/quiz2228981985878.html
    http://www.funtrivia.com/playquiz/quiz158811d4940.html

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