THE ECONOMY.
THE GREAT DEPRESSION

WIDESPREAD CRISIS

SOLUTION PROPOSALS

CONSEQUENCES OF THE CRISIS

UNITED STATES

SOCIETY

POPULATION

POLITICS

ECONOMY

Millions of people lost their money and savings

Banks went bankrupt, ruined industries and farmers

GENERAL DEPRESSION

Foreign trade paralyzed due to adoption of protectionist measures

1930, 1931 Great Depression as it affected the rest of the world and was one of the greatest economic crises

Decrease in agrarian and industrial production, reduction in foreign trade

Rejection of the capitalist system by the middle and working classes

Not growth

Decreased transoceanic migration due to limited entries

More unemployment and inequalities

Pessimism and lack of confidence in progress

Rise of ideologies like totalitarianism and communism

Discredit of democracy

click to edit

Autarchy (Economic system in which a state supplies itself with its own resources, avoiding imports as much as possible.)

United States, Roosevelt

John Maynard Keynes' ideas (stimulate investment, employment and consumption through state intervention in the economy)

NEW DEAL (control banks, subsidies to agriculture and industry, reduction of working hours, minimum wages...)