Great depression university of california, berkeley. The causes of the great depression were many and varied, but the impact was visible across the country. You may do so in any reasonable manner, but not in. All structured data from the file and property namespaces is available under the creative commons cc0 license. Causes of the great depression of 19291939 there is no single cause or obvious set of factors that can explain why the depression occurred. Post jobs, find pros, and collaborate commissionfree in our professional marketplace.
Other experts offer different explanations for the great depression. The timing of the great depression varied across the world. Create marketing content that resonates with prezi video. Pdf the great depressions of 19291933 and 20072009. This paper provides a comparative analysis of the great depression 1929 1933 and the great financial crisis 20072009 by contrasting the crises main driving forces and how they relate to each.
This paper provides a comparative analysis of the great depression 19291933 and the great financial crisis 20072009 by contrasting the crises main driving forces and how they relate to each. This page was last edited on 28 november 2016, at 11. Caracterise par une augmentation enorme du chomage avec les pertes demplois. Approximately 60 percent of blacks were unemployed and had to seek welfare assistance in order to survive. In 1929, 15 million americans were out of the workforce and 45 million were unemployed. Gran depresion previos y, sobre todo, posteriores a 1929. By the time that fdr was inaugurated president on march 4. It was the longest, deepest, and most widespread depression of the 20th century. The recovery from the great depression was spurred largely by the abandonment of the gold standard and the ensuing monetary expansion. Files are available under licenses specified on their description page. Detroit was especially hard hit because of extensive losses suffered by the auto industry. Still, like the stock market crash, protectionist trade policies alone did not cause the great depression. The great depression was a worldwide phenomenon, and the collapse of international trade was even greater than the collapse of world output of goods and services. The great depression was a severe, world wide economic disintegration symbolized in the united states by the stock market crash on black thursday, october 24, 1929.
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