what didn't start the great depression crash course answer key

Did the Great Depression start with the stock market crash?

So, everybody knows that the Great Depression started with the stock market crash in 1929, right? Not exactly. The Depression happened after the stock market crash, but wasn’t caused by the crash.

What caused the Great Depression?

The Depression happened after the stock market crash, but wasn’t caused by the crash. John will teach you about how the depression started, what Herbert Hoover tried to do to fix it, and why those efforts failed. and Herbert Hoover’s here, which is never a good sign.

Why are some questions about the Great Depression controversial?

Those questions are controversial because they’re still relevant. We’re still talking about how to regulate banking. We’re still talking about what the government’s good for an economy or bad for it. And how you feel about the government’s role in the Great Depression is going to depend on how you feel about government in general. Depression.

Did people really starve during the Great Depression?

Although Hoover famously claimed that no one starved, which was a little bit let-them-eat-cake-y, people did search trash cans for food. And many Americans were forced to ask for relief.

What did not start the Great Depression?

The Great Depression was a worldwide phenome- non, and the collapse of international trade was even greater than the collapse of world output of goods and services. Still, like the stock market crash, protectionist trade policies alone did not cause the Great Depression. Money makes the economy function.

How did the Great Depression start crash course?

0:4714:26The Great Depression: Crash Course US History #33 - YouTubeYouTubeStart of suggested clipEnd of suggested clipMany people tell you that the Great Depression started with the stock market crash in October. 1929.MoreMany people tell you that the Great Depression started with the stock market crash in October. 1929.

What caused the Great Depression Short answer?

It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.

What's a common misconception of the Great Depression crash course quizlet?

The common misconception is that the Stock market crash was the major factor to cause the Great Depression. However, if the economy was healthier at the time then the crash would have just been considered another financial crisis.

Where did the Great Depression start?

The Great Depression began with the stock market crash of 1929 and was made worse by the 1930s Dust Bowl. President Franklin D. Roosevelt responded to the economic calamity with programs known as the New Deal.

When did the Great Depression start?

August 1929 – 1939The Great Depression / Time periodThe Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy. The Great Depression began in August 1929, when the economic expansion of the Roaring Twenties came to an end. A series of financial crises punctuated the contraction.

What caused the Great Depression quizlet?

The Great Depression was triggered by the stock market crash of 1929, but many other causes contributed to what became the worst economic crisis in U.S. history. The stock market crash cost investors millions of dollars and contributed to bank failures and industry bankruptcies.

What were the 5 causes of the Great Depression?

of 05. Stock Market Crash of 1929. Workers flood the streets in a panic following the Black Tuesday stock market crash on Wall Street, New York City, 1929. ... of 05. Bank Failures. ... of 05. Reduction in Purchasing Across the Board. ... of 05. American Economic Policy With Europe. ... of 05. Drought Conditions.

What were the 4 causes of the Great Depression?

However, many scholars agree that at least the following four factors played a role.The stock market crash of 1929. During the 1920s the U.S. stock market underwent a historic expansion. ... Banking panics and monetary contraction. ... The gold standard. ... Decreased international lending and tariffs.

What event is strongly associated with the start of the Great Depression though it wasn't the sole cause?

The stock market crash in 1929 did not start the Great Depression, although many people think that is the case. In actuality, lots of things started the Great Depression, it wasn't just one thing. What were the two reasons why the agricultural sector suffered throughout the 1920s, and farm prices kept dropping?

What problem does frozen credit create quizlet?

Credit froze up. A frozen credit system meant that less money was in circulation, and that led to deflation.

What are the controversial New Deal questions posited?

The controversial New Deal questions are "Did the New Deal end the Great Depression?" and "Did it destroy American Freedom or expand the definition of liberty?" and "Was it a good thing?"

Submit a Post!

Don’t like ads? Become a supporter and enjoy The Good Men Project ad free

Resources

Visit AmoMama to find out the latest gossip about your favorite celebs! Sex, Drugs, and Rock 'n' Roll

When did the Great Depression start?

Many people tell you that the Great Depression started with the stock market crash in October 1929, but a) that isn't true, and b) it leads people to mistake correlation with cause. What we think of as the Great Depression did begin after the stock market crash but not because of it.

Who is the creator of Crash Course?

Crash Course is produced and directed by Stan Muller, written by Raoul Meyer, and made with the help of all of these nice people, and it possible because of your support through Subbable. These videos are only possible because of the support Crash Course viewers give the show on a monthly basis through Subbable.

How many banks failed in 1931?

By the end of 1931, 2294 American banks had failed - double the number that had gone under in 1930. Now, it's easy to criticize poor Herbert Hoover for not doing enough to stop the Great Depression, and he probably didn't do enough, but part of that is down to our knowledge of what happened afterward - the New Deal.

How many people were out of work in 1932?

By early 1932, well over 10 million people were out of work - 20% of the labor force. And in big cities the numbers were even worse, especially for people of color. Like in Chicago, 4% of the population was African-American, but they made up more than 16% of the unemployed.

What were the protests like the Bonus March on Washington?

There were shanty towns for the homeless called "Hoovervilles" and there were protests like the Bonus March on Washington by veterans seeking an early payment of a bonus due to them in 1945.

What happened in 1930?

So, in 1930, a wave of bank failures began in Louisville that then spread to Indiana, Illinois, Missouri and, eventually, Arkansas and North Carolina. As depositors lined up to take their money out before the banks went belly-up, banks called in loans and sold assets.

Did the Hoover administration have a TARDIS?

And that does often work but, unfortunately, the Hoover administration did not have a TARDIS. John Maynard Keynes' great work, The General Theory of Employment, Interest and Money (he wasn't very good at titles), wasn't published until 1936, when the Depression was well underway.