The Great Depression: Crash Course US History #33

In which John Green teaches you about the Great Depression. So, everybody knows that the Great Depression started with the stock market crash in 1929, right? Not exactly. The Depression happened after the stock market crash, but wasn't caused by the crash. John will teach you about how the depression started, what Herbert Hoover tried to do to fix it, and why those efforts failed.

Chapters:
Introduction: The Great Depression 00:00
Causes of the Great Depression 0:48
The Stock Market Crash 2:31
The Failures of America's Banking System 3:35
The Hoover Administration's Responses to the Great Depression 5:10
WWI's Global Economic Impact 5:40
Hoover and The Gold Standard 6:57
What Hoover did (and didn't) do about the Great Depression 8:13
The Reconstruction Finance Corporation 10:04
Impact of the Great Depression 10:30
Mystery Document 11:27
Accounts of the Great Depression 12:35
Credits 13:55

Want to find Crash Course elsewhere on the internet?

[godzilla]

Moral of the story: don't buy stocks with a credit card.

[klabnif]

I wonder how many people just watch without having a test

[cstone]

2020 quarantined history students rise up

[johndwyer]

Thank you for the new information sir. I am a 65+ year old born at the end of the baby boomer era. My father was a decorated WW2 vet, but a lifelong victim of the Great Depression. He watched his successful Father and Mother lose everything … including their confidence in "the American Dream". My dad went to his grave forever fearful, dreadfully fearful, that another great depression would happen in his lifetime … and sadly, it reflected in how he related with Mom and how they raised us four in the 60s and 70s. He lived in constant fear.

[aidanrogers]

I did my A-Level history exam today, and when writing the Great Depression question all I could hear in my head was John saying everything I wrote in a hysterical manner. It actually helped.

[pointly]

My grandma and grandpa both were born in 1929 before the stock market crash and lived through the Depression. One day, I was eating an oatmeal cookie and I did not like it after one bite. I tossed the cookie in the trash can and my grandma walked over and reached into the trash can, picked it up, examined it, then ate it. I told her that we had plenty and she didn't have to eat from the trash. Her reply was surprising to me, "You don't waste food. You never grew up during the Depression." It was shocking to hear that as a kid. Especially a history nerd. I never truly understood what it was like for people during the Great Depression until that day when she told me about that. Years later, my father told me that his father, my grandpa, would have one pack of gum of year because he used to save chewed up gum for weeks because it was all he could get during the Depression. And my dad also told me that when he was a kid, his parents would tell him about how they only had one pair of shoes a year. And this lasted from the Depression until the end of WWII. My grandparents were very simple people. Very grateful for having what they had. I believe a lot of that stemmed from being children during the Depression.

[lindaflores]

Online school is making this dude some money

[alahjandrodagrate]

Anyone here when their stocks are down 20% and the coronavirus is cleaning the grocery store shelves

[BartholomewHll]

I love how John Green has suddenly become my history teacher

[MrMjb]

This program should be funded by the government because John Green has taken over my teachers job. Thanks John!

[Tomimi]

Anybody else thinks we are re-living history?

[bobsaggat]

my great grandma was born in 1920 and I thought it was the funniest thing. this little old 90 something year old lady would sit there and cuss out herbert hoover. someone I honestly have no opinion of

[AndrewChedid]

Hopefully this is enough for my test tomorrow...

[lynxproductions]

"Herbert Hoover is here and that's never good"
Best intro ever

[CaleHeintz]

"I wonder if we would ever find ourselves in that position again... oh, wait we did in 2008" lolol

Mr Green you are the man!

[ScarHydreigon]

Germany didn't completely pay off its WWI reparations until 2010

[lydiawileydeal]

John Green has so much more personality than my boring history teacher

[SheepKid]

1. The Great Depression 2. The Big Ol Bummer 3. The Mighty Misery

[jessicanotari]

When good old John Green becomes my new history teacher without officially knowing it. Thanks for helping me on my final!

[noenaem]

Probably nobody going to see this, but I think that it would be generally helpful if we were given a maybe 1 paragraph overview in the description. Just a suggestion. I love these videos, don't get me wrong, but I have trouble actually processing John Green talking. He talks so fast!