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BASIC INFOGRAPHIC
Jesus Alberto Zuniga Herrera
Created on May 14, 2021
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Transcript
The Nation's sick economy
Economic Troubles on the Horizon
As the 1920s advanced, serious problems threatened economic prosperity. Though some Americans became wealthy, many more could not earn a decent living. Important industries struggled, and farmers grew more crops and raised more livestock than they could sell at a profit. Both consumers and farmers were steadily going deeper into debt. As the decade drew to a close, these slippages in the economy signaled the end of an era.
Financial Collapse
The stock market crash signaled the beginning of the Great Depression—the period from 1929 to 1940 in which the economy plummeted and unemployment skyrocketed. The crash alone did not cause the Great Depression, but it hastened the collapse of the economy and made the depression more severe.The stock market crash signaled the beginning of the Great Depression—the period from 1929 to 1940 in which the economy plummeted and unemployment skyrocketed. The crash alone did not cause the Great Depression, but it hastened the collapse of the economy and made the depression more severe. The financial collpase affect to the banks and business
The causes of the Great Depression
T tariffs and war debt policies that cut down the foreign market for American goods • a crisis in the farm sector • the availability of easy credit • an unequal distribution of income
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