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The Great Depression by Mind Map: The Great Depression
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The Great Depression

Stock Market Pre-Depression

Money is plentiful

Banks Quick To Make Loans

Investors only pay 10% of the stocks actual value at the time of purchase (Buying on Margin)

Stock Speculation (quick buying&selling)

Stock values increase

Inentional inflation, False sense of security in the American Market

The New Deal - FDR

Program to fight Depression

Changed Gov't functioning

Steps To New Deal:

Step 1: Banking Holiday; Shut down for the day for gov't inspection

Step 2: Stock Market Reform

Step 3: Put More Money out for circulation

CRASH!!!

Oct. 1929 investors losing confidence; Market Collapses

Panic Selling- All tried to sell at once; bottom fell out of market

Lots of bankruptcies, banks called in loans