The Great Depression Explained

The Great Depression across the globe, Explained

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SOURCES:
Great Depression summaries:

The United Stated of America and the Great Depression:

Latin America and the Great Depression:

Europe during the Great Depression:

Africa and the Great Depression:

Map of Africa 1928-1929 (very pretty)

Asia and the Great Depression:

Other colonies and the Great Depression:

Japan and the Great Depression:

Explanation of dividends:

What African towns looked like during the Great Depression:

Other sources:

[juditkovacs]

This month's champion of self promotion: Avery, from History Scope.

[oneillbilder]

Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.

[thebestcentaur]

“When people hit their lowest point, they are open to the greatest change.”

Prophetic words.

[Ken]

6:53 “as banks went rupt”
Hearing it made me chuckle.

[thelakeman]

I find the use of slave labour in Liberia pretty ironic as the country was founded by freed slaves, the freed slaves emerging as a privileged ruling elite is pretty interesting too.

[becsterbrisbane]

"The Great Depression Explained"= *furiously takes notes*

[kvthend]

Weird finally getting a great depression video/documentary that isn't just the US / rise of moustache man

[codzy]

glad i was born in 63 i had the best yrs of my life 70 80 90s after 2010 everythings gone down the drain 2023 be 60 this yr and im really glad im getting old cause im starting to not care anymore my spirit is going down lookin at the world today

[kevinolmedo]

Argentina every other decade: Crisis? What Crisis? There is no Crisis in Ba Sing Se

[harrisonjamie]

Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.

[gort]

One bank in America in 2008: *LEMME GIVE YOU AN EXAMPLE*

[tradekings]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.

[Bpaulman]

What keeps me coming back to this video to watch and learn instead of running it as background noise is the simple excitement and passion you show with each fact that you present.10/10 would recommend

[rykrr]

Who else is here before this happens again in 2024

[psyxypher]

"4 Degrees in Business and Economics"
And you make YouTube videos...I'm disturbed by the implications that carries.
I love these videos, though.

[hudsonwardin]

Love the videos, can you please mention more years, especially in the more historically spread out videos? I loved the tulip and Aztec videos but was a bit confused on the timeframe these events took place, especially the stuff in the middle. Keep up the great work man you’re killing it!!

[penumbra]

History Scope: talks about a recession
Me in 2020: *cries*

[douglasking]

Businesses keep producing products even though consumers are not buying. This is so they can keep paying their investors and employees as well as fixed costs like buildings and machinery. But, and this is big BUT, the money has to come from somewhere and it isn't coming from consumers. So, where is it coming from? It must be coming from banks in the form of further loans, and investors. This is where it becomes a scam. Business owners are promising a return, knowing they can't deliver. So, instead of a slow, and perhaps manageable decline, a dramatic and percipitous crash in the economy occurs, once the scam is revealed. The Great Depression was not an economic failure, but a lie uncovered.

[scottymcdoogle]

"While countries like Japan and the USA were building themselves up, Europe spent 4 years blowing itself up"

By far the best line in the entire video. I laughed...HARD!

[BlackCatBelzebub]

as a mathematically challenged person, i approve this video.