Class Notes (836,367)
Canada (509,757)
History (1,252)
HIST 1150 (122)
Kapolo (3)
Lecture

Lecture 2

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Department
History
Course
HIST 1150
Professor
Kapolo
Semester
Winter

Description
16012012The Great Depression HIST 1150Description y Worldwide economic downturn preceded by crash of US stock market on Oct29 1929 which resulted in massive bankruptcy claims and severe unemployment and impoverishmenty Was severe prolonged and occurred on global scale Important themes y Collapse of the New York stock market y Transmission of the crash effects Europe o Impacted Russia China Japan as well y Protectionist response of governments y Incapacitating effect on incumbent democratic systems y The misery people went through y Attempted solutions Severity of the Scope19291932 y Global industrial production declined b
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