Stats & Dates
The Great Depression started in …
1929
True or False?
USA’s economy managed to fully recover, before it was drawn into WW2.
FALSE
True or False
The Great Depression had an impact on all continents
True
The unemployment rate in the United States reached approximately …
25%
Who were some important political figures associated with the Great Depression?
President Herbert Hoover and Franklin D. Roosevelt
How did the loans by banks and investors affect the Great Depression?
Investors were unable to pay back their loans. Banks invested a lot into the stock market which collapsed during the Great Depression.
By 1932, … million people were unemployed
30 million
What were the key economic effects of the Great Depression on the United States?
GDP fell, unemployment rose
How did the programs of relief and recovery work?
Employed thousands of people. Made direct cash grants or loans to different businesses and individuals.
Between 1929 and 1933, the GDP fell by …
30%
What was the name of the crash at the beggining of the Great Depression?
Wall Street Crash
What caused/triggered the Great Depression?
Massive fall in stock prices in the U.S, Stock Market Crash of 1929, Overproduction and Underconsumption
In the second half of … US’s economy started to recover. The recovery was stopped during … and ….
In the second half of 1933.
Was stopped during 1934 and 1935.
How did the us begin to recover from Great Depression
The New Deal
The government put in place many programs of relief and recovery that employed thousands of people and made direct cash grants or loans to individuals, firms and local governments.
The Great Depression began the decade of what?
High unemployment, poverty, low profits, deflation.