2.4: The Great Depression

• History
• Middelbare school
• havo, vwo
• Leerjaar 3

2.4: The Great Depression

AGE 9. The Time of World Wars

people in this lesson

Herbert Hoover

president

1929 -1933

Franklin D Roosevelt

president

1933 - 1945

Important dates in this lesson:

1924: Dawes Plan

1929: Black Thursday, start of Great depression

1933: Roosevelt starts New Deal

What you will learn in 

this lesson

• What caused the Great Depression in the USA
• Which two methods were implemented to recover from the Great Depression 
• What the New Deal was
• How the economic situation in the U.S. affected the economical and political situation in Germany

household appliances

00:50

Mention 4 inventions that became available to Americans in the 1920s

01:39

How were Americans who could not afford these luxury items persuaded to buy them anyway?

02:15

"buying on margin" meant that you could even buy stocks on credit

1. TRUE
2. FALSE
3. don't click C

03:00

What were the perks and dangers of speculating
on the stock market?

03:16

A. What happened when the stock market fell?
B. And what happened to the value of stocks because of this?

04:00

A. When banks closed what did many Americans want to do quickly?
B. hat was the result of this for banks?

04:41

people can not buy things

stores do not order from factories

factories do not get orders

people lose their jobs

stores go out of business

Herbert Hoover

Republican (1929 - 1933)

Solution:

government should not interfere in the economy.

Dealing with the Great Depression

Franklin D. Roosevelt

Democrat (1933 - 1945)

Solution:

government must interfere in the economy: the NEW DEAL

The causality of Hitler's popularity and the German economy

Economic situation in Germany

1923: hyper-inflation in Germany

Germans' 

faith in the Weimar government

Hitler's popularity

1924 - 1929. Loans from the Dawes Plan

1929 - 1933. Great Depression

Drag the thumbs to their correct place. One thumb remains: either E or J.

What can you conclude about the relation between the economy and extremist parties?