ICSE Class 11 History | 8. The Great Depression by Pavan | Learn Smarter
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8. The Great Depression

The Great Depression was a significant global economic downturn during the 1930s, triggered by various factors such as overproduction, stock market collapse, and banking failures. Its devastating impact was felt widely, causing mass unemployment, poverty, and social unrest in many countries. Governments attempted to mitigate these effects through various reforms and economic programs, notably Roosevelt's New Deal in the United States.

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Sections

  • 8

    The Great Depression

    The Great Depression was a global economic crisis that severely impacted the world's economies, societies, and politics during the 1930s.

  • 8.1

    Introduction

    The Great Depression was a global economic crisis during the 1930s that caused widespread unemployment and social unrest.

  • 8.2

    Causes Of The Great Depression

    This section outlines the main causes that led to the Great Depression, highlighting industrial overproduction, the stock market crash of 1929, banking failures, and a decline in international trade.

  • 8.2.1

    Overproduction And Underconsumption

    Overproduction of goods during the Great Depression led to limited consumer demand, resulting in economic instability.

  • 8.2.2

    Stock Market Crash Of 1929

    The Stock Market Crash of 1929 was a significant financial collapse that triggered widespread panic and financial loss in the United States.

  • 8.2.3

    Banking Failures

    Banking failures during the Great Depression were caused by bad loans and mass withdrawals, contributing to a widespread credit crunch.

  • 8.2.4

    Decline In International Trade

    The decline in international trade during the Great Depression was exacerbated by protectionist measures and tariffs which worsened the global economic situation.

  • 8.3

    Course Of The Depression

    The Great Depression, lasting nearly a decade, resulted in significant economic decline, mass unemployment, and severe hardship globally.

  • 8.4

    Impact Of The Great Depression

    The Great Depression had profound economic, social, and political effects worldwide.

  • 8.4.1

    Economic Effects

    The economic effects of the Great Depression included massive unemployment, business failures, and deflation across most countries, severely impacting the United States and Europe.

  • 8.4.2

    Social Effects

    The social effects of the Great Depression led to widespread poverty, homelessness, and social unrest across various nations.

  • 8.4.3

    Political Effects

    The Great Depression significantly influenced global politics, leading to the rise of extremist ideologies and authoritarian regimes in various countries.

  • 8.5

    Government Responses

    Governments worldwide implemented various reforms to tackle the economic crisis during the Great Depression, notably through Roosevelt's New Deal in the USA.

References

h11-8.pdf

Class Notes

Memorization

What we have learnt

  • The Great Depression was ca...
  • The economic, social, and p...
  • Government responses varied...

Final Test

Revision Tests