Mind Map: The Great Depression

Central Idea: The Great Depression

A severe worldwide economic depression in the 1930s

Main Branches:

Causes of the Great Depression
- Stock Market Crash of 1929
- Overproduction and Underconsumption
- Bank Failures
- Dust Bowl
Impact on Economy
- Unemployment
- Poverty
- Decline in GDP
- Deflation
Government Response
- New Deal Programs
- Federal Reserve Policies
- Public Works Projects
- Social Security Act
Social and Cultural Effects
- Homelessness
- Breadlines and Soup Kitchens
- Rise of Shantytowns
- Migration and Displacement

Sub-Branches:

Causes of the Great Depression

Stock Market Crash of 1929
- Speculation and buying on margin
- Panic selling and market collapse
Overproduction and Underconsumption
- Excess production without sufficient demand
- Decreased consumer spending
Bank Failures
- Bank runs and mass withdrawals
- Loss of confidence in the banking system
Dust Bowl
- Severe drought and soil erosion
- Agricultural devastation in the Midwest

Impact on Economy

Unemployment
- Massive job losses across industries
- High unemployment rates
Poverty
- Widespread poverty and destitution
- Lack of basic necessities
Decline in GDP
- Sharp decrease in economic output
- Negative growth rates
Deflation
- Falling prices and wages
- Reduced consumer purchasing power

Government Response

New Deal Programs
- Public Works Administration (PWA)
- Civilian Conservation Corps (CCC)
- Works Progress Administration (WPA)
- Tennessee Valley Authority (TVA)
Federal Reserve Policies
- Monetary expansion and interest rate cuts
- Efforts to stabilize the banking system
Public Works Projects
- Infrastructure development
- Construction of roads, bridges, and dams
Social Security Act
- Creation of a social safety net
- Retirement and disability benefits

Social and Cultural Effects

Homelessness
- Evictions and foreclosures
- Lack of affordable housing
Breadlines and Soup Kitchens

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The Great Depression

Mind Map: The Great DepressionCentral Idea: The Great DepressionA severe worldwide economic depression in the 1930sMain Branches:Causes of the Great DepressionStock Market Crash of 1929Overproduction and UnderconsumptionBank FailuresDust BowlImpact on EconomyUnemploymentPovertyDecline in GDPDeflationGovernment ResponseNew Deal ProgramsFederal Reserve PoliciesPublic Works ProjectsSocial Security ActSocial and Cultural EffectsHomelessnessBreadlines and Soup KitchensRise of ShantytownsMigration and DisplacementSub-Branches:Causes of the Great DepressionStock Market Crash of 1929Speculation and buying on marginPanic selling and market collapseOverproduction and UnderconsumptionExcess production without sufficient demandDecreased consumer spendingBank FailuresBank runs and mass withdrawalsLoss of confidence in the banking systemDust BowlSevere drought and soil erosionAgricultural devastation in the MidwestImpact on EconomyUnemploymentMassive job losses across industriesHigh unemployment ratesPovertyWidespread poverty and destitutionLack of basic necessitiesDecline in GDPSharp decrease in economic outputNegative growth ratesDeflationFalling prices and wagesReduced consumer purchasing powerGovernment ResponseNew Deal ProgramsPublic Works Administration (PWA)Civilian Conservation Corps (CCC)Works Progress Administration (WPA)Tennessee Valley Authority (TVA)Federal Reserve PoliciesMonetary expansion and interest rate cutsEfforts to stabilize the banking systemPublic Works ProjectsInfrastructure developmentConstruction of roads, bridges, and damsSocial Security ActCreation of a social safety netRetirement and disability benefitsSocial and Cultural EffectsHomelessnessEvictions and foreclosuresLack of affordable housingBreadlines and Soup Kitchens...

AP Prep

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