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Unit 5: Crisis and Change

Lesson E: Economic Depression and Political Collapse

Review and Assessment: Evaluating Causes and Effects of the Great Depression

Review

The Great Depression resulted in huge drops in industrial production and stock market share prices. Many considered the Great Depression to be a sign of the failure of capitalism. The interdependent global economy that had been built following World War I splintered as governments across the globe sought to protect their respective countries from the effects of the Great Depression. Governments scrambled to retain revenues and support their citizens. Citizens everywhere suffered personal losses of all kinds and endured long periods of unemployment. Banks and companies around the world failed. The beginning of the Great Depression and the beginning of recovery from economic depression were different for different countries, but, for most, the Great Depression started around 1929 and lasted well into the late 1930s or even into the 1940s and the beginning of World War II.

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Assessment

Think about the class discussion from the previous activity and your notes and work from this lesson. Think about the causes of the Great Depression as you complete the BCR below.

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Brief Constructed Response - Great Depression

What were the causes of the Great Depression and how did they affect the world?

  • Identify two causes of the Great Depression and explain how these events affected the world.
  • Identify two significant effects of the Great Depression and explain the impact in one or more countries.
  • Include details and examples to support your answer.

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Dropbox Icon Submit the completed BCR to your teacher as instructed.