Postwar prosperity crumbles
This presentation is the property of its rightful owner.
Sponsored Links
1 / 8

Postwar Prosperity Crumbles PowerPoint PPT Presentation


  • 76 Views
  • Uploaded on
  • Presentation posted in: General

Postwar Prosperity Crumbles. Economic Troubles – Farmers. Most European farmland was destroyed during WWI After WWI, demand for certain crops fell causing prices to drop Farmers made little money, leading to problems paying off debt. Economic Troubles - Protectionism.

Download Presentation

Postwar Prosperity Crumbles

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Postwar prosperity crumbles

Postwar Prosperity Crumbles


Economic troubles farmers

Economic Troubles – Farmers

  • Most European farmland was destroyed during WWI

  • After WWI, demand for certain crops fell causing prices to drop

  • Farmers made little money, leading to problems paying off debt


Economic troubles protectionism

Economic Troubles - Protectionism

  • Occurred when nations protected industries by limiting trade w/ others (usually done w/ tariffs)

  • Europeans burrowed money to buy American goods


Speculation and panic

Speculation and Panic

  • 1920s: Investors made large profits believing stock would keep rising

  • 10/29/1929: Black Tuesday


Black tuesday

Black Tuesday

  • Stocks became worthless

  • Banks ran out of money

  • Many businesses filed bankruptcy


Great depression

Great Depression

  • 1932: 30 million workers were unemployed

  • Prices dropped, but people could not afford to buy goods


The new deal

The New Deal

  • 1932: Franklin D. Roosevelt was elected U.S. president

  • The New Deal: designed to create jobs

    • Hired construction workers for buildings, roads, and other projects


Social security act 1935

Social Security Act (1935)

  • Provided for unemployment and old age benefits


  • Login