What caused the Great Depression? by Nisreen Tarbell

Baby Thesis 2

970857 — 2014-11-13 15:23:34 UTC

People were not making enough to keep their needs going causing the great depression.

Baby thesis 3

970789 — 2014-11-14 14:56:38 UTC

People were expecting to make money of buying stocks but instead it caused the stock market crash.

Document 2

970857 — 2014-11-14 15:02:44 UTC

a man married at 23 years could start a live with 15 dollars an hour as long as he would invest in stocks and accumulate the dividend he would be rich, which develops into the idea that since anyone can be rich, everyone should.

Doc 11

985340 — 2014-11-14 15:03:43 UTC

In Doc 11, a farmer is being tripped by two big bags labeled "over production," which means that the farmer industry did not follow the law of supply and demand. The more products they offer, the consumer demand stays the same and prices lower down.

Doc 5

970857 — 2014-11-14 15:04:36 UTC

Security (stocks) prices were forced up by competitive bidding rather than fundamental improvement, people invested more in stocks which made prices go up as people continued gambling.

Baby Thesis 1

985340 — 2014-11-14 15:07:04 UTC

The first cause of the Great Depression is how there were more products being made than there were consumers.

Doc 10

970857 — 2014-11-14 15:07:48 UTC

The business cycle had completely been ridden of in the Great Depression. When consumers stopped buying, production started to slack and millions were laid of and out of work.

Doc 6

985340 — 2014-11-14 15:19:48 UTC

As people bought more products on the installment plan, the more in debt they became. When the people started to cutback on their purchases, companies started over producing and reduced even more prices which caused helped cause the Great Depression.

Doc 1

970857 — 2014-11-14 15:25:27 UTC

In every recession, people werent making enough but when there was boom the economy would go up. After every boom, the stocks would depress downwards.

Doc 4

970857 — 2014-11-14 15:25:35 UTC

The employment rate grew a lot between 1930-1935, which effected the economy dramatically. There were always more non farm employees and the rates enlarged in the 1930's.

Doc 9

970857 — 2014-11-14 15:26:42 UTC

Most families were barely making enough income to make their basic needs. Poor people were spending money as if they were part of the 2% who earn over $10,000.

Doc 7

970857 — 2014-11-14 15:29:30 UTC

In Document 7, a story about a women describing her life as a non farm employee is given. At the end, the narrator stated that life would be more difficult as a farmer because they do not earn as much.

Doc 8

970789 — 2014-11-14 15:30:33 UTC

In Document 8, an advertisement from a newspaper for a yacht is being shown. Even when people are extremely in debt, companies still bombard the public with big expensive toys they know they cannot afford.

Doc 3

970789 — 2014-11-14 15:32:54 UTC

Telephone and Telegram companies were hit the hardest with nearly $450 million dollars off its total value. All the prosperity in the age before led up to the depression of all companies.