economic homefront: how world war ii helped bring an end to the great depression eleanor, jennie,...
TRANSCRIPT
Economic Homefront:How World War II Helped Bring an
End to The Great Depression
Eleanor, Jennie, Syd, and Audrey Kate
The Great Depression & World War II
What Was the Great Depression?
What Was World War II?
Thesis
World War II was a significant factor in ending the Great Depression, because the U.S. created its own markets, built its own war materials, and according to unemployment charts of the 1940s, unemployment dropped from over 20% to approximately 1%.
The Great Depression’s Problems & World War II’s
SolutionsThe Great Depression’s Problems
World War II’s Solutions
Unemployment skyrocketed
Created more jobs for the unemployed Americans
Factories were shut down
Used vacant factories to make war materials
Companies went bankrupt
More money in the economy
The U.S. Built its Own War Materials
• Scarcity of resources• Used vacant factories• Enabled entirely new industrial
sectors
Factories & the People Who Worked There
• Closed-down factories of the Great Depression became shipbuilding and war material factories
• 6.5 million females joined the workforce
• America’s factories were at full production
Housing Price Rate
Unemployment Rate
Conclusion
• The U.S. formed its own markets• The U.S. accommodated its closed-
down factories into productive war factories
• Housing price rates increased and unemployment declined quickly
Bibliography“Housing Price Chart,” <http//www.google.com/search?tbm=isch&hl=en&source=hp&biw=1280&bih=607&q=the+great+depression&gbv=2&oq=the+gr&aq=0&aqi=g10&aql=&gs_nf=1&gs_l=img.1.0.0l10.2391.5953.0.7391.6.6.0.1.1.0.78.344.5.5.0.r065lTcE2yo> “Shipbuilding Factory,” http://www.pbs.org/perilousfight/_popups/home_front/industrialization/03.html
“Unemployment Rate Chart,"http://www.google.com/search?tbm=isch&hl=en&source=hp&biw=1280&bih=607&q=the+great+depression&gbv=2&oq=the+gr&aq=0&aqi=g10&aql=&gs_nf=1&gs_l=img.1.0.0l10.2391.5953.0.7391.6.6.0.1.1.0.78.344.5.5.0.r065lTcE2yo “Women At Factory,”http://www.worldbookonline.com/advanced/media?id=pc041967&st=world+war+2
Bibliography
“Great Depression Banks,”http://www.worldbookonline.com/advanced/extmedia?id=ar234080&st=great+depression&sc=2&em=lr0023
“Airplanes During World War II,”Hyman, Louis. “How Did World War II End The Great Depression?” http://www.bloomberg.com/news/2011-12-16/how-did-world-war-ii-end-the-great-depression-
echoes.html McElvaine, Robert S. “Great Depression.”
http://www.nbk.grolier.com/ncpage?tn=/encycarticle.html&id=a2041569-h&type=Ot
Mitchener, Kris J., “Great Depression,”http://www.worldbookonline.com/advanced/article?id=ar234080&st=great+depression&sc=3 2012
Taylor, Nick. “The Great Depression.” http://topics.nytimes.com/top/reference/timestopics/subjects/g/great_depression_1930s/index/html?scp=1spot&sq=the%20great%20depression&st=cse#
“The American Homefront”U.S. History Online Textbookhttp://www.ushistory.org/us/51b.aspTuesday, June 05, 2012