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Created with Fabric.js 1.4.5 The Great Depression (1929-1939) 0 5 10 15 20 25 30 35 40 45 50 USA Poland Germany Czechoslovakia Peak-to-trough decline in industrial production in various countries (annual data) Percent in Decline% End of 1933 13 to 15 Million Americans Unemployed Impact on Americans Individuals led their average spendings to decrease making the demand of production in factories and construction sites to decrease. This meant that people were getting fired. By Surya Sabharwal So that banks could reopen the following week on more stable footing. National Bank Holiday For The Future Federal DepositInsurance Corporation Restore an optimistic state of mind for the citizens. Emergency Banking Relief Act Gave the president control overexchange rates and all bankingtransactions. Countless new jobs through the formation of the Civil Conservation Corps, the Civil Works Administration and the Public Works Administration. Recovery The Great Depression was from 1929 to 1939 and was the downfall of the American economic history. The Wall Street Crash on October 1929 began the Great Depression and ruined the lives of many investors regarding millions of dollars. How How? 10 Years of Economic Depression United States of America Why The Impact On Other Countries Poland Newly created after WW1, Poland took a loan from USA but after the Market Crash Foreign banks withdrew credits given for development of Polish economy, the foreign investments stopped. Germany America loaned Germany money to stabilizethe German economy. After the Wall Street Crash,American banks immediately withdrew the loans they had made to Germany. Great Britain Britain was dependent upon Germany's war reparations to compensate for war damages, but Germany was unable to pay these reparationsbecause of the Great Depression. The Great Depression was one of the most impactful events of the 20th centuries as the American economy completely collapsed and so did other nations' because of their wide spread reliance on the US. Works Cited: "Great Depression". Encyclopædia Britannica. Encyclopædia Britannica Online.Encyclopædia Britannica Inc., 2014. Web. 25 Nov. 2014 <http://www.britannica.com/EBchecked/topic/243118/ Great-Depression>. History.com Staff. "The Great Deperession." History.com. A+E Networks, 2009. Web. 24 Nov. 2014. <http://www.history.com/topics/great-depression>. Klaehn, Jagoda Urban. "Reflections from the Great Depression in Poland (1930-1936)." Polishsite. Polishsite.us, 15 Oct. 2010. Web. 4 Dec. 2014. <http://www.polishsite.us/index.php/history-and-people/modern-history/ 458-reflections-from-the-great-depression-in-poland-1930-1936.html>. "What Was the Impact of the Depression on International Relations?" Gcsehistory. Gcsehistory, n.d. Web. 1 Dec. 2014. <http%3A%2F%2Fwww.gcsehistory.org.uk%2Fmodernworld%2Fappeasement%2Fimpactofdepression.htm>.
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