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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
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