2. Background info
-The great depression was a time period after
world war II in which the economy was passing
through some serious trouble.
3. Background info
- The president of the United States at this
time was Herbert Clark until 1933, Franklin
Roosevelt took office after.
-The great depression lasted from 1920 - 1939.
4. Causes of the great depression
-Banks were betting that the stock market
prices will rise,(Bank used deposits/savings
from their users).
-Stock market crash
-American add high tariffs on imported goods
from Europe
5. What is a stock?
Click on the image to watch video
6. New deal & Second new deal
- The president during the "new deal" was
Franklin Roosevelt.
-The "New deal" was a series of economical
programs to put the economy "back together".
-The "second new deal" was the second phase
of the "new deal", the government gave more
aid to the people (for example Social security
act).
7. Effect on people
The great depression left people:
-Homeless.
-Unemploy.
-depressed.
-Lost of all of their valuables.
-Business shut down.
