Consequences of the Wall Street Crash
The Wall Street Crash had consequences in the short, medium and longer term. In the days that followed the crash there was a banking crisis. Banks themselves are investors and they suffered as the stockmarket prices spiralled downwards. Many banks closed, lots of them permanently. This led to savers losing money and access to what was left being restricted.
Video Clip: The Wall Street Crash
This video was created to act as an introduction to the Wall Street Crash. It covers the causes, course and consequences of the Crash.
The crash also led to a lack of trust in the system. Investments clearly were not a sure fire way of making money. Banks had lost their credibility as safe places in which to save. Consequently there was a reluctance by many to invest in new enterprises, or to save in banks.
Politically it raised questions about policies in the years leading to the crash. It also led to fierce debate about the best way in which to tackle the economic consequences of the crash. These debates were to dominate the political arena of the United States in the following years.
History of the United States in the Twentieth Century
America in the 1920s and 1930s
USA at the start of the 20th Century – Causes of the Economic Boom – Impact of Economic Growth in the 1920’s – Agriculture in the 1920’s – The “Roaring” Twenties – Prohibition – Ku Klux Klan in the 20’s – Causes of the Wall Street Crash – Consequences of the Wall Street Crash – The Great Depression – The New Deal – Opposition to the New Deal – Evaluation of the New Deal
The United States c1945-1971
The Red Scare – Impact of the Second World War on Civil Rights – Civil Rights in 1950 – Brown v Topeka Board of Education – Little Rock High School – Rosa Parks and the Montgomery Bus Protest – Martin Luther King Jnr – Nation of Islam and Malcolm X – The Black Panthers – Ku Klux Klan in the 1960’s – March on Washington – USA: Civil Rights Acts in the 1960s – Immigration Act of 1965 – Chicano movement and Civil Rights for Hispanic Americans – College Sit In’s and Student Protests – Women’s Rights – Native Americans and Civil Rights