The Global economic crisis


Economic crisis 1929-1933
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Economic crisis 1929-1933

Slide 1 - Diapositive

Situation in the US
* Free market economy
* people can buy shares in companies
* Own a small piece of a companie -> can receive a profit
* If a companies does well -> the value of the shares rise

Slide 2 - Diapositive

Stock exchange crash
* 1929
* Share prices suddenly fell

* Shareholders lost confidence in the economy:
1. Farmers borrowed lots of money to expand farms -> too much food -> prices had fallen
2. Lots of Americans had bought expensive goods using borrowed money -> people became more cautions -> sales figures collapsed

Slide 3 - Diapositive

Result

* 24 october 1929
* People sell their shares
* Afraid the values decreases
* Result: share prices dropped extremly
* Panic


Slide 4 - Diapositive

Economic crisis

* People had bought shares with loans
* Not able to pay their debts

* Banks bankrupt

* Consumers purchased les

* Companies bankrupt

* Lots of people lost their job

Slide 5 - Diapositive

Consequences in Germany
* Pay money after WOI
* Borrowed money from US
* US demanded their money back
* German companies going bankrupt
* 1932: 1 in 3 workers lost their job

Slide 6 - Diapositive

The new deal

* Roosevelt new president
* measures tackling the crisis:

- Banks were supported so that they would no longer go bust
- Agriculture received subsidies for producing les
- Manufacturers had to pay their workers better
- Employment projects

Slide 7 - Diapositive

 The United States 

Slide 8 - Diapositive

In what year did the colonies in the US broke away?
A
1776
B
1774
C
1677
D
1874

Slide 9 - Quiz

What's a downside of the free market economy
A
No innovations
B
Les freedom
C
Poverty

Slide 10 - Quiz

What's the core value of the US?
A
Freedom
B
Equality
C
Profit

Slide 11 - Quiz

Not everyone was happy with the New Deal? Think of a reason why some people were not happy with these measures:

Slide 12 - Question ouverte

Sovjet-Union

Slide 13 - Diapositive

Which isn't a indirect cause of the Russian Revolution
A
Lot of poverty and inquality
B
Shortages of food because of WOI
C
The Great Terror
D
Secret police took a hard line against the tsar's opponents

Slide 14 - Quiz

Lenin
Stalin

Slide 15 - Question de remorquage

Bij wie hoort het begrip: Lenin of Stalin?
Lenin
Stalin
1 party state
Show trials
Collectivizing farms
Russian Revolution
Planned economy
Totalitarism
Proclaimed soviet Union

Slide 16 - Question de remorquage

Lenin

* Nationalization
* State becomes owner of everything
* Farmers didn't cooperate
* Famine

Slide 17 - Diapositive

Stalin

* Collectivizaton of farms
- 'Enemies of the State'
- Violence

* Planned economy
- Five-year plan



Slide 18 - Diapositive

Stalin
* Dictator
* Totalitarism
= The state has total control of people's lives

* Fear
* Show trials
* People woudn't dare to revolt

Slide 19 - Diapositive

Assignments
You can:
- Make the assignments of paragraph 2.4
- Make a summary
- Learn for the test

Slide 20 - Diapositive