The+Great+Depression

The Great Depression by Beatrice-Ngan Huynh     The Great Depression

Causes Strong inflationary pressures

 Disrupted markets

 Agricultural depression

 Economic nationalism

 Reparations

 Credit Financing, on margin

 Lack of Economic Diversification

 Mal-Distribution of Wealth and Purchasing Power

 Banking System

 International Trade and Debt

Stock market Crashed: October 1929

Effects: world trade plummeted

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> Unemployment

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> Creditanstalt: Vienna Bank financial collapses

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> Currency values depreciated

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> Off the gold standard

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">John Maynard Keynes: General Theory of Employment, Interest, and Money

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">Great Britain: General Strike

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> Ramsay MacDonald: joined National Government

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">France: Popular Front

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> Franc

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> Leon Blum, socialist prime minster

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">United States: President Franklin Roosevelt

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> New Deal

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> The Social Security Act

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">Scandinavia: producers’ cooperatives <span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;"> <span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">

<span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">Work Cites

<span style="color: black; font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">"The Great Depression." //Macroeconomics Models & Issues//. Web. 24 Apr. 2011. <http://www.econmacro.com/challenges/great_depression.htm>.

<span style="color: black; font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">"About the Great Depression." //Welcome to English « Department of English, College of LAS, University of Illinois//. Web. 24 Apr. 2011. <http://www.english.illinois.edu/Maps/depression/about.htm>.

<span style="color: black; font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">"Great Depression: The Concise Encyclopedia of Economics." //Library of Economics and Liberty//. Web. 24 Apr. 2011. <http://www.econlib.org/library/Enc/GreatDepression.html>.

<span style="color: black; font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">"Introduction :: European History." //Digital History Reader//. Web. 24 Apr. 2011. <http://www.dhr.history.vt.edu/modules/eu/mod04_depression/index.html>. <span style="font-family: "Times New Roman","serif"; font-size: 12pt; line-height: 115%;">