History Ib Hl Study Review
14. Analyze the causes of the Great Depression in one country in the Americas
I. Thesis: In the United States during the 1920’s the economy for the most part was alive and well, which gave it the name “The Roaring Twenties”, but it would not last forever. There were many different factors that led to the Great Depression in America but the main factor that caused it all was the Stock Market Crash in October of 1929. From this one event banks failed and people lost jobs.
II. Stock Market Crash:
A. Brokers were allowing people to buy stock on a 10% margin which meant that someone could buy $100 of stock and actually be getting $1,000 of stock.
B. This allowed the middle class citizens to play the market and have them the chance to make a good deal of money.
C. When the market crashed though it wasn’t just a few people losing money, it was a whole class of people, a good portion of whom had put most of their money into it, were left penniless.
III. Failing Banks:
A. As a result of many losing close to everything in the Stock Market Crash people were rushing to get the money they still had out of the banks. The problem was that the banks didn’t have the money because the money put into the banks was like a pool of money and whoever cashed out first got the money but if you were too late then you couldn’t get any money.
B. Therefore, the people had nothing to support them and eventually job losses occurred because businesses and industries were going through the same thing as the individuals and couldn’t pay their workers.
IV. Job Lose:
A. From the failing banks people were losing their jobs
B. The situation just kept getting worse because there was no money circulating through the economy.
C. This ended up destroying the economy and causing the Great Depression.
#14) analyzes the causes of the Great Depression in one country in the Americas. Introduction
A) Thesis: The Great Depression was caused by a number of factors, most important being the build of
I. Thesis: In the United States during the 1920’s the economy for the most part was alive and well, which gave it the name “The Roaring Twenties”, but it would not last forever. There were many different factors that led to the Great Depression in America but the main factor that caused it all was the Stock Market Crash in October of 1929. From this one event banks failed and people lost jobs.
II. Stock Market Crash:
A. Brokers were allowing people to buy stock on a 10% margin which meant that someone could buy $100 of stock and actually be getting $1,000 of stock.
B. This allowed the middle class citizens to play the market and have them the chance to make a good deal of money.
C. When the market crashed though it wasn’t just a few people losing money, it was a whole class of people, a good portion of whom had put most of their money into it, were left penniless.
III. Failing Banks:
A. As a result of many losing close to everything in the Stock Market Crash people were rushing to get the money they still had out of the banks. The problem was that the banks didn’t have the money because the money put into the banks was like a pool of money and whoever cashed out first got the money but if you were too late then you couldn’t get any money.
B. Therefore, the people had nothing to support them and eventually job losses occurred because businesses and industries were going through the same thing as the individuals and couldn’t pay their workers.
IV. Job Lose:
A. From the failing banks people were losing their jobs
B. The situation just kept getting worse because there was no money circulating through the economy.
C. This ended up destroying the economy and causing the Great Depression.
#14) analyzes the causes of the Great Depression in one country in the Americas. Introduction
A) Thesis: The Great Depression was caused by a number of factors, most important being the build of