When
Causes
Effects
Great Depression
Timeline
100
What year did the stock market crash?
Late 1929
100
What did the banks do to peoples money without asking them?
Put their money into stocks without them asking.
100
What went out of business?
Everything
100
What was the percent of unemployment in The US?
30% of americans were unemployed
100
When was there a peak?
August of 1929
200
When was the stock market at its highest point?
August 1929
200
What did the banks do after the "mini crash" to try and fix the stocks?
Banks kept putting in money to try to resurrect the stocks
200
What country wasn't affected by the crash?
Japan.
200
When was the start and end of the great depression?
it started in 1930 and lasted until the late 1930s or middle 1940s.
200
In 1932 what percent were the stocks compared to 1929?
The stocks were 20% of what they were in 1929
300
Before the main stock market crash, when was there a mini crash?
March 25,1929
300
Why did the stock market crash?
Low wages, proliferation on debt, struggling agriculture sector, and an excess of large bank loans.
300
How were the people affected?
There was no jobs, businesses, all prices got higher.
300
What were the causes of the great depression?
1929 stock market crash, a deflation in asset and commodity prices, dramatic drops in demand and credit, and disruption of trade
300
When did nearly half of the banks go out of business?
1933
400
When were the 3 days the stock market crashed?
October 24, 28, 29, 1929
400
What 3 industries, declined in production to initially cause the crash?
Steel production, Construction, and car sales
400
About how much money was lost a day during the crash?
Billions of dollars.
400
What do most people refer to the Great Depression as?
In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline.
400
When did the Stock market crash start to decline?
October 18th, 1929
500
When did the stock market start to recover before it's next crash?
The 1930's
500
What stock fell in price, that caused the crash?
Dow Jones Industrial
500
What was all of the things that was immediately affected by the crash?
The decline in stock prices caused bankruptcies and severe macroeconomic difficulties including contraction of credit, business closures, firing of workers, bank failures, decline of the money supply, and other economic depressing events.
500
What would have been a great way to make money in the great depression?
At the lowest point, invest in a stock.
500
When did the stock market start to recover before the great depression?
The 1930's
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