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the great depression pdf

Is it normal to have periods of surplus/recovery? This was a significant event between two world wars. The Great Depression of the 1930s was a severe economic problem which affected the whole world, and United States of America (USA) in particular. Thus, more products were building up in storage for manufacturers and stores. Great Depression and New Deal │2016│ 1 The Great Depression, the Dust Bowl, and New Deal in Oklahoma The Great Depression is one of the single most-important events to occur in world history during the twentieth century. The Great Depression - In the summer of 1929, people in the United States began to spend less. The Great Depression was a worldwide phenome-non, and the collapse of international trade was even greater than the collapse of world output of goods and services. Something in the business cycle is way off. Depression is a severe and prolonged downturn in economic activity. Yes 2. 1. A stock is a share or piece of a company which ordinary citizens can buy. Why do you think a recession might become a depression? Debts began to increase. Stock market prices began to climb. Still, like the stock market crash, protectionist trade policies alone did not cause the Great Depression. Other experts offer different explanations for the Great Depression. Yes 3. What is a Depression? The Great Depression (1929-1939) Bear MarketBull Market--loan from their broker. Is it normal to have periods of recession? Goal: Sell later at a higher price, pay the activity). Great Economic Depression started in 1929 and lasted until the 1940s. It is also a defining moment in American government, politics, culture, economics, and even Oklahoma history. Great Depression The New Deal (1933-’41) Post-WWII (1946 and beyond) Historical Period Role of the U.S. Government in the Economy Progressive Era (1900-’20) “Roaring 20s” (1920s-’33) The New Deal (1933-’41) •Government as safety net and provider of jobs in hard times

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