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Causes of the Great Depression

Causes of the Great Depression. To what degree does our current recession mirror the Great Depression? 2/8-9 Lecture. Post-War Economic Boom. A Myriad of Causes. Cause 1: Republican economic policies laissez-faire “trickle-down” international debt “repayment”. A Myriad of Causes.

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Causes of the Great Depression

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  1. Causes of the Great Depression To what degree does our current recession mirror the Great Depression? 2/8-9 Lecture

  2. Post-War Economic Boom

  3. A Myriad of Causes • Cause 1: Republican economic policies • laissez-faire • “trickle-down” • international debt “repayment”

  4. A Myriad of Causes • Cause 1: Republican economic policies • laissez-faire • “trickle-down” • international debt “repayment” • Cause 2: Speculation • real estate • stock market

  5. A Myriad of Causes • Cause 1: Republican economic policies • laissez-faire • “trickle-down” • international debt “repayment” • Cause 2: Speculation • real estate • stock market • Cause 3: Financial Collapse • Black Tuesday (10/29/1929) • banking industry

  6. A Myriad of Causes • Cause 4: Overproduction

  7. A Myriad of Causes • Cause 4: Overproduction • Cause 5: Toll on the Farming Industry • Dust Bowl

  8. A Myriad of Causes • Cause 4: Overproduction • Cause 5: Toll on the Farming Industry • Dust Bowl • Cause 6: Unequal Distribution of Wealth • mechanization • credit debt

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