Great Depression: Causes & New Deal

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Causes, effects, and New Deal basics

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Cara Williams

Estados Unidos

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Great Depression: Causes & New DealVersión en línea Causes, effects, and New Deal basics por Cara Williams 1 Causes of the Great Depression (Overview) Key causes include risky borrowing, market crashes, and overproduction. Economic cycles expand and contract, creating instability that worsens during hard times. 2 Buying on Margin Buying on margin means purchasing stocks with credit. When prices drop, borrowers and lenders both lose, increasing financial risk across the economy. 3 Black Tuesday Black Tuesday (Oct 29, 1929) saw massive stock sell-offs. Few buyers stood ready, sending prices plummeting and signaling the downturn to come. 4 Stock Market Crash of 1929 Stock market collapse erased confidence and wealth, accelerating business slowdowns and unemployment across the country. 5 Business Cycle Business cycle describes alternating periods of growth and contraction, shaping the depth and duration of economic downturns. 6 Installment Plans & Overproduction Installment plans and overproduction left households with debt and unsold goods, driving prices down and layoffs up. 7 Bank Failures Bank failures reduced money supply as withdrawals surged and loans went unpaid, crippling economic activity. 8 Effects on Americans Unemployment rose, breadlines and soup kitchens fed the hungry, and Hoovervilles sheltered the homeless during hard times. 9 New Deal Overview (Relief, Recovery, Reform) New Deal aimed to end the Depression with Relief, Recovery, and Reform across laws and agencies. 10 People & Leaders Key figures include FDR, Frances Perkins, Huey Long, and John Steinbeck, shaping policy, culture, and reform.

Great Depression: Causes & New DealVersión en línea

Causes, effects, and New Deal basics

por Cara Williams

Causes of the Great Depression (Overview)

Key causes include risky borrowing, market crashes, and overproduction. Economic cycles expand and contract, creating instability that worsens during hard times.

Buying on Margin

Buying on margin means purchasing stocks with credit. When prices drop, borrowers and lenders both lose, increasing financial risk across the economy.

Black Tuesday

Black Tuesday (Oct 29, 1929) saw massive stock sell-offs. Few buyers stood ready, sending prices plummeting and signaling the downturn to come.

Stock Market Crash of 1929

Stock market collapse erased confidence and wealth, accelerating business slowdowns and unemployment across the country.

Business Cycle

Business cycle describes alternating periods of growth and contraction, shaping the depth and duration of economic downturns.

Installment Plans & Overproduction

Installment plans and overproduction left households with debt and unsold goods, driving prices down and layoffs up.

Bank Failures

Bank failures reduced money supply as withdrawals surged and loans went unpaid, crippling economic activity.

Effects on Americans

Unemployment rose, breadlines and soup kitchens fed the hungry, and Hoovervilles sheltered the homeless during hard times.

New Deal Overview (Relief, Recovery, Reform)

New Deal aimed to end the Depression with Relief, Recovery, and Reform across laws and agencies.

People & Leaders

Key figures include FDR, Frances Perkins, Huey Long, and John Steinbeck, shaping policy, culture, and reform.

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