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大萧条与罗斯福新政(英文版)
The Great Depression and Roosevelt’s “ New Deal” by: XY 如有疑问可q 1 the Great Depression the Great Depression TIME 1929~1933 PLACE From New York to the Whole world SYMBOL Great Crash USA annual real GDP from 1910–60, with the years of the Great Depression (1929–1939) highlighted. What were 4 effects of the Great Depression? effects Unemployment and homelessness increased Political Unrest Bank Closings -- the collapse of the nation’s financial system Farm Foreclosures stock market crash Black Thursday (1929.10.24) The New York Stock Market crash 图中的牌子上写道:“100美元可买下这辆轿车,在股市上丧失了一切,急需现钞。” The stock market crash of 1929 marked the beginning of the worst economic crisis in American history. Millions of people lost their jobs. Thousands lost their homes. During the next several years, a large part of the richest nation on earth learned what it meant to be poor. Hard times found their way into every area, group, and job. Workers struggled as factories closed. Farmers, hit with falling prices and natural disasters, were forced to give up their farms. Businessmen lost their stores and sometimes their homes. It was a severe economic crisis -- a depression. Farm Foreclosures Great quantities of milk were poured into the river , and many products were destroyed while the people went hungry and unemployed. 农场主销毁过剩的牛奶 Business Cycle 1890-1940 The economic crisis began with the stock market crash in October, 1929. For the first year, the economy fell very slowly. But it dropped sharply in 1931 and 1932. And by the end of 1932, the economy collapsed almost completely. The GNP is the total of all goods and services produced. During the three years following the stock market crash, the American GNP dropped by almost half. The wealth of the average American dropped to a level lower than it had been twenty-five years earlier. All the gains of the 1920s were washed away. Unemployment rose sharply. The number of workers looking for
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