Cause and Effects of the Great Depression by Aidan Kerr https://padlet.com/aidank2_/wbwb79iwbcb06iel en-us 2023-11-14 19:21:20 UTC 2024-01-24 12:21:19 UTC hello@padlet.com Credit Expands aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789693182 People bought goods that they couldn't afford in a 'Buy now, pay later' system.

]]> 2023-11-14 19:24:08 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789693182 German Reparations aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789694197 With Germany's already-crippling economy, they had to pay 33 billion U.S. dollars plus some resources to the Allied countries.

]]> 2023-11-14 19:24:54 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789694197 American Industry too dominant aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789694964 European countries relied way too much on American exports.

]]> 2023-11-14 19:25:31 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789694964 Stock Market Crash aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789696344 The #1 cause of the great depression.


Businesses and Banks had to close down because the stock market crashed, making tons of people lose all of their money and life savings.

]]> 2023-11-14 19:26:39 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789696344 High Protective Tariffs aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789697615 Tariff - taxed imported goods, which makes trade between countires much more difficult

]]> 2023-11-14 19:27:42 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789697615 Causes aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789698429 2023-11-14 19:28:18 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789698429 High unemployment aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789699882 About 30% of all Americans had no jobs, making earning money very difficult for everyone.

]]> 2023-11-14 19:29:28 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789699882 Bank failures / Collapse of Credit aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789706682 Lack of money in banks causes credit to be unusable. Shop owners taking back items others bought with credit because they can't afford it.

]]> 2023-11-14 19:34:47 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789706682 Collapse of products in world trade aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789708606 World trade, because of tariffs, is much more expensive for both sides.

]]> 2023-11-14 19:36:21 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789708606 Growth of Nazi Party and blame of Jews for Economic collapse aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789709162 2023-11-14 19:36:46 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789709162 Effects aidank2_ https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789709564 2023-11-14 19:37:03 UTC https://padlet.com/aidank2_/wbwb79iwbcb06iel/wish/2789709564