Stock Market Crash of 1929

Learning Objectives

Wall Street in the 1920s

Rapid Expansion

Source: http://www.history.com/topics/1929-stock-market-crash

It Really Just Tanked

Black Tuesday

Yuuuuge Panic

Source: http://www.history.com/topics/1929-stock-market-crash

European War Debts

Source of Debt

Source: https://www.bloomberg.com/view/articles/2011-12-05/war-reparations-and-the-great-depression-echoes

In the End...

Source: https://www.bloomberg.com/view/articles/2011-12-05/war-reparations-and-the-great-depression-echoes

Smoot-Hawley Tariff Act

pro·tec·tion·ismprəˈtekSHəˌnizəm/nounECONOMICS

1. the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports.

Synopsis

Concerns about Fallout

Source: https://fee.org/articles/the-smoot-hawley-tariff-and-the-great-depression/

Looking Back

Summary: https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act#Coincident_economic_events

Review