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Causes of the Great Depression Graphic Organizer Form

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the causes of the Great Depression what was the Great Depression the Great Depression was a global economic upheaval from 1929 to 1940 it was manifest by a sharp decline in business activity high unemployment and deflation the peak of unemployment was 28% in 1933 GDP fell 15% an international trade declined 50% industrial production fell 46 percent from 1929 to 1932 wholesale prices decreased 32 percent between 1929 and 1932 individual fortunes were wiped out for example the founder of GM lost everything in the market crash however these are numbers they cannot accurately represent the hardship of the time when compared to our standards of living today a sequence of events marked the Great Depression 1 the stock market crash and sell-off of financial assets for example black Tuesday 2 the decline in commodity prices and general deflation 3 drop in demand for credit for a sharp decline in business activity 5 rise in unemployment note the stock market crash from his dizzying highs in 192

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