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World HistoryTeacher: Miss BunnellThe Great Depression
1920s in Europe
European nations were in trouble after World War I.
Too much ___________________ of money
o Loss of ________
o Unbalanced economies.
Germany felt like the _______________________________ caused their
economic problems.
o Loss of production jobs.
o ____________________ on national expenses.
_______________ and _______________ spread across Europe after WWI.
o The same amount of people died of disease __________ the war as
soldiers had died during the war.
__________________ had to be rebuilt after the war.
__________________ and roads had to be rebuilt.
Germany had to make huge ___________________________________ to
France and England.
o Reparation = A monetary __________________ for ______________
World HistoryTeacher: Miss BunnellThe Great Depression
1920s in the USA After the war, the USA became the world’s greatest economy.
Why?
o Americans began _______________ consumer goods & __________.
New appliances like _______________, _________________ cleaners, and
refrigerators became available and desirable.
o Very exciting to women!
Many people began going to _______________________, attending
parties/dances, and listening to radio programs.
The Roaring 20s
o Party, party, party!
o Excitement!
o Fun!
o Young & Free!
Political Changes in the 1920s
Women finally received the right to ___________ !!!
o USA _____________ ; UK ______________
The Great Depression
Unfortunately, the prosperity of the 1920s would not last in the USA.
o Legalize because there was a ________________ in the number of male voters,
and politicians saw the ___________________________ in winning the female
vote.
But in Europe during the 1920s, the _______________________________ was on the
rise, effecting the governments and economies of Europe.
World HistoryTeacher: Miss BunnellThe Great Depression
The Great Depression
_______________________: ________________________________
started a chain reaction in the world’s economy.
Stocks tumbled and no one could stop it. Banks began calling in their
____________.
The entire world entered into a ___________________, or economic
downturn, in which businesses ___________ and people are
____________________.
How many people were unemployed in the USA? ____________________.
Factors of the Great Depression
Stock market and real estate “speculation” (__________________ money to
make a quick profit).
Loans and debts between Europe and America ensured that the recession
spread.
__________________________ for citizens as unemployment insurance or
social security.
World leaders reacted poorly and out of fear: such as tightening credit,
_______________________________, and cut of international trade.
_____________________ of consumer and agricultural goods.
World HistoryTeacher: Miss BunnellThe Great Depression
o Remember economics… When supply goes _______, you must _______________ the
price.
Makes it very hard to make a profit.
Economic Causes
Economic Effects
Foreign Affairs
Political Causes
Political Effects
1)
2)Widening gap between rich and poor.
3)
1)Pres. Herbert Hoover follows _____________ ___________ policy towards business.
2)Few regulations in place over companies.
1)
2)Unemployment at _________
3)Drop in production.
1)_____________ elected in 1932.
2)_____________________ programs increase govt’s role in business and the economy.
Hitler takes power in Germany in part due to hyperinflation.