The Great Depression by Haley Reuter https://padlet.com/20hareut1/thegreatdepression_interyearwars en-us 2018-10-29 14:57:29 UTC 2018-10-29 18:47:03 UTC hello@padlet.com Financial Causes to the Great Depresssion 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298061865 Financial causes included the banking panics in the 1930 and the gold standard. The banking panics led to many banks across the country failing. The gold standard required foreign central banks to raise to raise interest rates to counteract trade imbalences with the U.S. spending and investing in those countries.]]> 2018-10-29 14:59:22 UTC https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298061865 Economic Causes to the Great Depression 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298064178 Economic causes include the stock market crash and the Smoot-Hawley Tariff Act. The stock market crash of 1929 resulted in sharp reductions in spending and investment. The Smoot-Hawley Tarrif Act imposed steep tarrigs on many goods. This included industrial and agricultural goods, which invited retalitory measures, which ultimately reduced output and caused global trade to contract during the 1930s.]]> 2018-10-29 15:03:11 UTC https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298064178 Social Causes to the Great Depression 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298065612 Social causes included unemployment. This was a ripple effect after leading factories had closed due to the banking panics. The unemployment rate rose to 25-35% of the total labor force. Farm income declined by 60% and 1/3 of people lost their farmland.]]> 2018-10-29 15:05:17 UTC https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298065612 How the Government Coped 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298067243 The government was forced to spend millions on various relief programs due to widespread unemployment. They also contributed to the crisis byy laying off workers and cutting health care, educations, and other social programs. The goverment borrowed money from abroad, laid off 1/3 of civil servants and reduced wages for the reszt, and introduced new traxes that raised the cost of living by 30%.]]> 2018-10-29 15:07:55 UTC https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298067243 How Businesses Coped 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298069962 Some businesses had to permanently close. Factories locked their gates and shut people out. Any remaining ones struggled to survive. Business leaders tried to convince the citizens recovery was imminent, but the economic health of the country continued to decline.]]> 2018-10-29 15:12:03 UTC https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298069962 How Social Groups Coped 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298075014 In 1933, unemployment was over 25% for the general population, but over 50% for minority groups. Minorities had trouble distinguishing the Greap Depression from their "normal" economic times because of the severe racial discrimination in their daily lives. They were the first to lose their jobs, they were denied employment, and threatened at relief centers, where people refused to offer them food. There was so much violence against minorites. They were excluded from unionmembership, and so much more.]]> 2018-10-29 15:20:46 UTC https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298075014 How Families & Individuals Coped 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298077345 In 1929, the average family income was $2,300. This dropped by 40% in 1933 to $1,500. Many people lost their homes or were evicted from their apartments because they were unable to make mortgage or rent payments. Marriage rates declined during this time and the already decreasing birth rates during the 1930s decreased more. Divorce rates began to decline because people were unable to pay lawyer's fees. The rate of desertion increased dramatically. It got to the point where two or more families crowded into single-family homes. There were about 250,000 youth that traveled by freight train or hitchhiking to find work or more favorable circumstances. The number of children who entered custodial institutions increased from 1929 to 1931 by 50%. Many children were malnourished and had inadequate clothing.]]> 2018-10-29 15:24:06 UTC https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298077345 How the Great Depression Spread to the Rest of the World 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298206089 As a result of close interconnection between the United States and European economies, the Depression began to spread to the rest of the world after WWI. The U.S. emerged as the major creditor of postwar Europe. Europe's economies had been severely weakened by the war itself, by war debts, and Germany needing to pay war reparations. When the economy of the U.S. fell, they called in credits and loans, which threw whole economies into immediate bankruptcy. Since Germany and Great Britain were the most in debt to the United States, they were hit the ahrdest. 40% of the German workforce became unemployed by 1932. Britain was less affected, but the industiral and export sectors remained horrible depressed until the beginning of WWII.]]> 2018-10-29 18:33:12 UTC https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298206089 Bibliography 20hareut1 https://padlet.com/20hareut1/thegreatdepression_interyearwars/wish/298208777 Government Response to the Great Depression, www.heritage.nf.ca/articles/politics/great-depression-government-response.php.

Alchin, Linda. “1929-1945: Depression & WW2.” US History for Kids ***, Siteseen Limited, 9 Jan. 2018, www.american-historama.org/1929-1945-depression-ww2-era/social-effects-of-great%20depression.htm.

“De.” Glossary of Events: De, www.marxists.org/glossary/events/d/e.htm.

"Family, and Home, Impact of the Great Depression on.". “Family and Home, Impact of the Great Depression On.” Encyclopedia of the Great Depression, Encyclopedia.com, 2018, www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/family-and-home-impact-great-depression.

Groups, "Minority, and the Great Depression.". “Minority Groups and the Great Depression.” Great Depression and the New Deal Reference Library, Encyclopedia.com, 2018, www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/minority-groups-and-great-depression.

jjarvis106. “The Great Depression: Causes and Effects.” LinkedIn SlideShare, 26 Apr. 2010, www.slideshare.net/jjarvis106/the-great-depression-causes-and-effects.

Romer, Christina D., and Richard H. Pells. “Great Depression.” Encyclopædia Britannica, Encyclopædia Britannica, Inc., 18 Oct. 2018, www.britannica.com/event/Great-Depression.

“United States History.” The Great Depression, www.u-s-history.com/pages/h1569.html.
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