Causes of the Great Depression

Causes of the Great Depression

TASK: IDENTIFY AND EXPLAIN THE CAUSES OF THE GREAT DEPRESSION; BE ABLE TO PROVIDE SPECIFIC CONTENT RELATED TO EACH CAUSE.

Historians debate over the specific causes of the Great Depression. However, most historians do agree that there was more than just one cause of the Great Depression. This PowerPoint contains a brief overview of the causes of the Great Depression. You should be able to answer the questions that are contained within the PowerPoint. You should expand upon the notes that are provided.

Causes of the Great Depression1. Monetary Policy2. High Tariffs and War Debt3. Stock Market Crash and

Financial Panic• Black Thursday• Black Tuesday• Run on the Banks

4. Overproduction • Industry• Agriculture

5. Unequal Distribution of Wealth

Monetary Policy Installment Buying Margin Buying 1929: Nearly 80% of the

nation’s families had non financial cushion when the depression hit.

High Tariffs and War Debt What is a tariff? What is the Smoot-Hawley

Tariff? How could tariffs and war debt

be a cause for the Great Depression?

Stock Market Crash What happens if the stock

market crashes? What happened on Black

Thursday? What happened on Black

Tuesday? Why would people run to the

bank?

Overproduction Key Term? Overproduction in:

Industry Agriculture

Why would having too much of something be bad?

Unequal Distribution of Wealth The nations wealth

was controlled by a small # of people. The middle was shrinking. People where either rich or poor.

How could this be a bad thing?