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The Great Depression. Agudelo, Daniel 3/31/09 Per. 3 Mr. Marshall. Where the great Depression hit.
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The Great Depression Agudelo, Daniel 3/31/09 Per. 3 Mr. Marshall
Where the great Depression hit http://images.google.com/imgres?imgurl=http://www.english.illinois.edu/maps/depression/dep04.jpg&imgrefurl=http://www.english.illinois.edu/maps/depression/about.htm&usg=__YRZw3fh2C3-Sso6CVu4nuOb96MM=&h=351&w=761&sz=112&hl=en&start=3&um=1&tbnid=SFWfRzFmbmCJFM:&tbnh=65&tbnw=142&prev=/images%3Fq%3Dmap%2Bof%2Bwhere%2Bthe%2Bgreat%2Bdepression%2Bhit%26hl%3Den%26client%3Dfirefox-a%26rls%3Dorg.mozilla:en-US:official%26sa%3DN%26um%3D1
Even Here… http://images.google.com/imgres?imgurl=http://www.english.illinois.edu/maps/depression/dep04.jpg&imgrefurl=http://www.english.illinois.edu/maps/depression/about.htm&usg=__YRZw3fh2C3-Sso6CVu4nuOb96MM=&h=351&w=761&sz=112&hl=en&start=3&um=1&tbnid=SFWfRzFmbmCJFM:&tbnh=65&tbnw=142&prev=/images%3Fq%3Dmap%2Bof%2Bwhere%2Bthe%2Bgreat%2Bdepression%2Bhit%26hl%3Den%26client%3Dfirefox-a%26rls%3Dorg.mozilla:en-US:official%26sa%3DN%26um%3D1
The Origins… • In the aftermath of WWI, many countries began to loan money from the USA to rebuild their economies. (Princeton Pg. 223) • There was a prosperity in Europe from 1924 to 1929 that was built from the loans of the Americans. (Spielvogel Pg. 742) • The Great Depression started on “Black Thursday” October 24, 1929. (Bulliet Pg. 769) • Within days, the stocks lost more that half of their value. • The Depression became a worldwide business slump of the 1930's that affected almost all nations. (http://www.42explore2.com/depresn.htm) • It led to a sharp decrease in world trade as each country tried to protect their own industries and products by raising tariffs on imported goods. http://z.about.com/d/americanhistory/1/0/_/9/great_depression.jpg
The World during the Depression • In 1930, the U.S. government imposed the Smoot-Hawley tariff, to protect American industries from foreign competition. ( Bulliet Pg. 772) • In result, other countries imposed tariffs on foreign competition and that greatly reduced export industries and it shrunk world trade. • It hit hardest in Germany and the USA. ( Princeton Pg. 224) • By 1932, U.S. manufacturing output had fallen to 54 percent of its 1929 level, and unemployment had risen to between 12 and 15 million workers, or 25-30 percent of the work force. (http://www.english.illinois.edu/maps/depression/about.htm) • During 1932, the hardest hit year, one in every four British workers were unemployed and six million Germans, 40% of the workforce, were out of work. (Spielvogel Pg. 742) • In Japan, it fell hardest on the farmers and fishermen. Short-term effects http://forwardliberally.files.wordpress.com/2008/09/great-depression-soup-line.jpg
Aftermath and results • Military officers seized power in several Latin American countries because of the dissatisfaction of liberal politics.(Bulliet Pg. 773) • In a domino effect, European nations followed suit and imposed total control over their economies. • Women were often able to secure low-paying jobs such as maids, and servants while men remained unemployed. • High unemployment rates among young males led them to join gangs. • Communism became popular, especially among workers and intellectuals. (Speilvogel Pg. 743) • In 1932, Americans elected Franklin Roosevelt as new president. .( Princeton Pg. 224) • Roosevelt's 'new deal' reforms gave the government more power and helped ease the depression. (http://www.42explore2.com/depresn.htm) • The only two countries that benefited from the Depression were the USSR, and Southern Africa. http://2.bp.blogspot.com/_9ZzZquaXrR8/R_D9gc7aG0I/AAAAAAAAAfs/Z0KzWgBrwpc/s400/2_great_depression.jpg http://img.nytstore.com/IMAGES/NSAPINTL3_LARGE.JPG
Bibliography • Armstrong, Monty, David Daniel, Alexandra Freer, and Abby Kanarek. Cracking the AP World History Exam. 2006-2007 Edition. New York: Random House, Inc., 2006. • Bulliet, Richard W. Croosley, Pamela Kyle. Headrick, Daniel R. Hirsh, Steven W. Johnson, Lyman L. Northrup, David. The Earth and its Peoples: A Global History Third Edition. Boston, New York: Houghton Mifflin Company, 2005. • Lamb, Annette, and Larry Johnson. "The Great Depression." 42explore2 Temporary Index Page. Jan. 1999. 27 Mar. 2009 <http://www.42explore2.com/depresn.htm>. • Nelson, Cary. "About the Great Depression." Welcome to English « Department of English, College of LAS, University of Illinois. 27 Mar. 2009 <http://www.english.illinois.edu/maps/depression/about.htm>. • http://img.nytstore.com/IMAGES/NSAPINTL3_LARGE.JPG • http://2.bp.blogspot.com/_9ZzZquaXrR8/R_D9gc7aG0I/AAAAAAAAAfs/Z0KzWgBrwpc/s400/2_great_depression.jpg • http://forwardliberally.files.wordpress.com/2008/09/great-depression-soup-line.jpg • http://z.about.com/d/americanhistory/1/0/_/9/great_depression.jpg • Spielvogel, Jackson J. Western Civilization. 5th ed. Vol. Comprehension. Wadsworth, 2003.