GREAT DEPRESSİON 1929

Ali Uçar

WHAT IS GREAT DEPRESSION?• In US started with the collapse of the stock market,

as soon as possible spread to the whole economy and It called as great depression crisis affecting the whole world.

SITUATION BEFORE GREAT DEPRESSION• Developing economy.• Restructuring.• High technology and production.

UNEQUAL DISTRIBUTION OF WEALTH

01020304050607080

1929

TOP 1%BOTTOM 99%

CAUSES OF THE GREAT DEPRESSİON• Republican domestic and

international economic policies

• Stock and real estate speculation

• Unregulated banking practices

• Overproduction of goods• Decline of the farming

industry• Unequal distribution of

wealth• THE STOCK MARKET CRASH

DURING DEPRESSION• Industrial production• Nominal prices• Prices of agricultural products• Total Prices• Rate of unemployed

• Government intervention

• Federal farm board• National credit

organization• Federal home loan

bank act and reconstruction finance corp

OUT OF CRISIS• Government intervention• Banking Act • Agricultural Adjustmend Act • Natıonal Industrial Recovery

Act • Wagner Act• Social security law• Tennessee Valley

Administration

John Maynard Keynes

CONCLUSION

• Mass unemployment• Some countries collapsed • Government or regime change• A major cause of world war II.• Interventions to economic life• Planned economy period

THANK YOU FOR YOUR ATTENTION