Könnte sich jemand mein referat durchlesen über die Great depression 1929 in den USA?
Hello Ladys and gentleman. Today I will tell you something about the great depression, the black Thursday and about the New deal.
The Great Depression was from 1929 until 1939 and had a bin influence on the industrialized countries like europ, the british emprire and the USA. During the Great Depression the number of unemployment increased of 25 percent, there were many bank failures and the eonomy of the industrial production fell very much, But before diring the 1920, after the wartime, the economy increased very strongly. For example the technological developments were improved. Better goods, like electric washing maschines and radios, were produced more quickly and more cheaper than ever before. But not only the technological industry were imoroved. Also the car-, steel-, road- and many other industries were improved and developed. So the people got more money for handle. Due this situation, more people than ever before, invested in stocks, because they hoped to got very high share gains. And because of the many new investments the companies got a new capital for more developments and for expansions. Due this economic boom the Down Jones Index increased on a high score of 381 points and the share values tripled themselves since 1925. But since 14 october 1929 the share values started declining because the Investors became aware about the uncertainty about their Investments. So, the most of the investors stoped investing in stocks. Due this situation the Down Jones Index stoed increasing and started declining. Meantime the factories still produced in high rates, during the people stowed down their purchaising.It arose an overproduction of goods. This lead to stop of the production an many employees were dismissed. After that the people didn't have money and purchaising power. And the people who realized that the stock prices were falling tried to sell their stocks very quickly to get real money. Due this situation many banks ran out of money. So, the people got more and more panic and on "black Thursday" on the 24 october 1929 every investor tried to sell all their stocks, no matter what price. So the stock market on the wallstreet crashed on the "black Thursday". Because of the stock market crash, the government reclaimed all credits. Due this act, many countries in the world come into an economy crisis. The consequeces were an big unemployment an a return of the world trade. For example, in Germany were about 6mio people unemployed, in the early 1930s. But in 1933 everything changed for the USA beacuse of the election of Franklin Delano Roosevelt. The previous president Hoover promised many things for his next election. But Franklkine Roosevelt promised more important things. He promised government action to end to Great Depression and reforms to avaid future depressions. So, the Democrates chose Roosevelt, who became the new president of the USA. And at the same time he introduced the New Deal.
