Causes
What is a cause of the Great Depression?
Downfall of international tariffs
Gold Standards
Bank Panics
Stock Market Crash
What happened to the banks during the Great Depression?
They closed down.
What is the name of the Global Pandemic we're in?
What is the Coronavirus
The stock market crash took place this year.
When is 1929
Who rose to power a few years after the Great Depression?
Adolf Hitler
Why are people being layed off their jobs now and during the Great Depression?
There wasn't enough money to pay all the employees.
What happened during the stock market crash?
Everyone (even the common man) started selling their own stocks.
What major genocide occurred while Adolf Hitler was the Chancellor of Germany?
The Holocaust
What happened to the businesses?
Some had to shut down because the owners couldn't make enough money to support it.
The Great Depression lasted for how long?
A decade (10 years)
Was economy immediately fixed after the Great Depression?
False, it took many years for the economy to balance out again.
What happened to the stocks during the Great Depression and now?
The stocks decreased immensely after the Great Depression as well as when the businesses had to close down during the Coronavirus.
How did overproduction spark the Great Depression?
When people had a surplus of food to share, everyone started selling the items for high prices and using stocks to get money, but that simply led to the economy being inflated.
How was the Great Depression resolved?
The New Deal plan
After the Great Depression and when things started to normalize during the Pandemic, how did the economy start to fix?
Businesses started to open up again and people got their jobs back. Also, the New Deal plan helped stabilize economy and presently, the government giving economic funds to families also helped.