Economics Graded Research Paper Research Paper—Effects of the Great Depression Worldwide
Your goal for this project is to research the effects of the Great Depression on the world’s economy. Typically, when looking at the Great Depression, the focus is on the effects of the United States, but as a leading economic power at the time, the crashing of the American economy had a domino effect on other country’s economies.
The scope of your project will be to analyze not only the Gross Domestic Product (GDP) changes of China, the United Kingdom, and America itself but also unemployment rates, national debt, and international trade. The last portion of your paper will be on how America recovered from the Great Depression.
Starter Resources:
Source 1: Great Depression Overview https://eml.berkeley.edu/~cromer/Reprints/great_depression.pdf
Source 2: Lessons of the Great Depression https://www.brookings.edu/wp-content/uploads/2012/04/0309_lessons_romer.pdf
Source 3: China During the Great Depression o https://muse.jhu.edu/article/482884 Source 4: The United Kingdom During the Great Depression https://eml.berkeley.edu/~eichengr/research/floudjohnsonchaptersep16-03.pdf
Paper Requirements:
Your two-to-three-page research project should address the following key topics:
1) Introduction—Define what the Great Depression was, what triggered it, how long it lasted, and how the economic concepts of inflation and stocks or bonds apply to what happened.
Provide a brief overview of the cascading effects the Great Depression caused beyond just the economic downfall. Research the societal changes and any new laws or regulations that were passed to try to prevent the same event from happening again.