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Transcript

The Roaring Twenties

BEFORE THE CRASH

Art Deco

The Wall Street Crash of 1929

1932

Oct 24th 1929

1930s

September 1929

London Stock Exchange Crash

US Elections 1932

A TIMELINE

Oct 29th 1929

London Stock Exchange Crash

Causes & Consequences

1929 Wall Street Crash

Production & consumptionrise

1920s ECONOMIC BOOM

Abuse of loans

Over-production

LEAD TO

Speculation= gap between economy & finance

Negative Demand Shock

Crolla la domanda di beni

Banks and companies bankrupted

Società e banche falliscono

Unemployment

Disoccupazione

Crescono la produzione e i consumi

*loans = prestiti *installments = acquisti a rate Abuso di prestiti/debito da parte di imprese e privati

Sovrapproduzione

Speculazioni in borsa: divario tra economia reale e finanziaria

Iperinflationand the Rise of Nazi-fascism

While in Germany...

Munich

Political Crisis - of democratic parties - against decisions suffered after WW1

1932: 38% vote for the Nazionalsozialistische Deutsche Arbeiterpartei.

München Putsch and Mein Kampf

Economic Crisis: inflation + unemployment (6 m)

Resources

The Great Gatsby - The 1929 Stock Market Crash Extrahistory Youtube Channel - The Great Dust Storm - The Great Depression in 1 minute - The New Deal in 1 minute - John M. Keynes.

on your book: pp. 160-163, 356-357

make connections: storia, economia politica

repeat out loud: practise speaking English

America in the 1930s

The day of the largest sell-off of shares in U.S. history

Black Thursday

Investors traded 16 million shares on the New York Stock Exchange in a single day

Black Tuesday

Unemployment hits 13 millions in the U.S.

Becomes the 32nd US President winning over Hoover for 22 m votes

Franklin D. Roosevelt

FDR on D-Day

He served as President of the United States from 1933 until his death in 1945. He was a member of the Democratic Party and is the only U.S. president to have served more than two terms. His initial two terms were centered on combating the Great Depression, while his third and fourth saw him shift his focus to America's involvement in World War II.

Investors traded about 16 million shares on the New York Stock Exchange in a single day

Black Tuesday

1

In the US and other Western countries the decade was characterized by economic prosperity, rapid social and cultural change, and a mood of exuberant optimism. Its liveliness stands in marked contrast to the historical crises on either side of it: World War I (1914–18) and the Great Depression (1929–c. 1939).

2

3

Most of the population now lived in urban areas

Electricity was available to most households

Mass Production

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Women's liberation Art and music

Organised crime: Al Capone Discrimination: Sacco and Vanzetti