Today we will continue with
France
France was struggling because of WWI and they were trying to go back to normal and they were trying to rebuild themselves and then the Great Depression hit
France was based off of tourists really from America then the great depression hit America and they lost lots of money and they went into a great depression in 1931 and ended in 1940.
--Now Mr. Bruns did his Presentation now.
Reasons for Stock Market Crash
-Over Speculation during the 1920s
-Overproduction of goods
-Buying on Margin
-Uneven distribution
-Too much borrowing from banks
---Stock prices were grossly inflated, did not have real value---
-Federal Reserve increased interest rates
-Lack of government regulation
Reasons for Great Depression
-Over Production of goods
-Under consumption of goods by consumers
-Agricultural slump due to overprudtion
-High protective tariff policies of the 1920's
-Taxes benefiting the rich got richer and the poor got poorer
-Stock Market crash
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