Good video but I was looking for an explanation of how it actually happened not the aftermath.
Hi Connor, if you have specific questions that you'd like me to address, please also check out my new "One Minute Answers from One Minute Economics" videos, that I'll be publishing each Saturday as of this point. Or of course you can ask me in the comments, no problem at all.
look at the medicine!!!!!,the treaty of London 1933?like/ Bretton woods united news/video on u tube,world economics treaty for world peace through economic prosperity ,1944-1946,stabilisation of currencies to avoid gambling!!!
2012 $1,500,000,000,000,000. a year currency movements,
2012 $17,000,000,000,000.a year total world trade.
2016 $655,000,000,000,000.derivitives gambling markets?enough for $65,500.for 10 billion people.
waffling on about different types of monetary systems,economic theories,political systems,nationalities,etc whilst allowing these enormous movements of currency which is just gambling,continues to grow, and against Bretton woods, is a bit like using a concrete football and worrying about what boots you should buy?
video,u tube/Bretton woods united news/.
world economics,nelliyom guitars.
figures,financial times ,Wikipedia.
One Minute Economics I really liked your video. But What is Wall Street Exchange please?
@@calistacraig1429 Then you go and look for a video longer than one and a half minute. It's that simple.
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just a little something extra if anyone is curious - the nsdap’s peak that was referred to in the video, was specifically in july of 1932, where the nsdap received 230 seats in the reichstag. the nsdap’s support declined to 196 seats in november 1932, as the crisis situation in germany began to be resolved, which caused the german population’s desperation to deplete and they thus began to turn away from extremist parties. :)
I liked this video. It's too much educative to me. I'm really learning so much. Congratulations!
This is helpful thank for giving me the information I really needed
Two types of people
A) This video should have been more elaborated
B) This video is 1:30 seconds
@@aditipandey2707 he had to correct him on the time stamp too serious over one second lol
Bill Wurtz still holds the world record for explaining the Great Depression the fastest.
The Great Depression was a dramatic, worldwide economic calamity which started in 1929 and lasted until the late 30s. Most people believe it began with the U.S. stock market collapse of October 1929. By 1932, U.S. stocks were only worth 20% of what they were prior to the crisis, and 1 year later, almost half of all Unites States banks had failed.
Spoiler alert, history is repeating itself. No surprise there. 🙄
@@tatiibandzz7800 Looks like your words are biting back at you because 2 weeks later, the government is back up, and we aren't in a great depression.
Great Depression! I thought it was about a psychological disease in the first place. Then I knew this was a channel about Economics
Its definitely not a question of IF but When, hope I'm not alive to see it. Also the Frenchie and the English man cartoon is so cute.
wow this is so useful!
THIS VIDEO IS SO GREAT
I'm a German and I'm so glad someone finally understood that not everything is Germany's fault!!
Business people's use Economic regression period to buy stocks and shares if they try to buy them in Economic depression time means will it be more cheaper?
The Great Depression Explained in One Minute (Transcrição)
1 - The Great Depression was a dramatic, worldwide economic calamity which started in 1929 and lasted until the late 30s. Most people believe it began with the U.S. stock market collapse of October 1929. By 1932, U.S. stocks were only worth 20% of what they were prior to the crisis, and 1 year later, almost half of all Unites States banks had failed.
2 - By 1935, roughly 750,000 farms had been lost to bankruptcy or distressed sales. European countries, debilitated by the debt they had accumulated due to World War 1, dealt with the severe depression, and a sovereign debt crisis ultimately emerged.
3 - In Germany, for example, unemployment reached 25% and among other things, this economic disaster led to Hitler’s Nazi party becoming the top political actor after the 1932 elections. Worldwide trade was devastated by the Great Depression, with countries engaging in so-called trade wars by limiting imports, and by the same year 1932, global trade crashed to half of the pre-crisis volume.
4 - Unfortunately, trade wars degenerated into an actual armed conflict which caused over 60 million deaths - World War 2. Make no mistake, most wars have been caused by economic factors to a very large degree. Let’s learn from the past and not let this happen again
just getting ready for full of 2020 :(
Be careful out there! Currently posting a series of videos pertaining to topics I believe people should know more about in the context of the 2020 situation, genuinely hope they will help.
I like the end of the video with the "let's learn from the past and not let this happen again"
Me too, but we can't not forget that Hitler arrived the position of"top political actor" by vote. Then, it´s need attention, on the hour for think ours candidates. For don´t cry tomorrow.
The issue here is that politicians didnt learn anything . The present ones we have in Parliament Learnt nothing and started overspending money leading countries into More debtor. This is not the peoples debts it's the greed and power that these politicians and world leaders and elites want and cant help themselves but to keep people slaves because of their Debts they cant pay off and hand it over to the people. The true genuine loyal people to their countries didnt create this..the Wealthy and Greed did this and caused worldwide depression because of their greed for power
I came here to practice my English with this audio. xD Nice explanation!
is there supposed to be sound
US debt is currently $ 21 trillion and rising exponentially.
Not learnt from the great depression, not learnt from the 2008 recession. What will follow?
This is vyond grounded video !
*its actually one minute and 29 seconds,* clickbait
Blitzy it’s actually 1 minute and 30 seconds so this comment is about clickbait is clickbait
(Just a joke btw I can already see the”He waS JusT JoKIng sTop beInG RuDe comments)
I'm from brazil and i'm learning to speak English, thanks for the video
Awesome, really happy to hear you found the video useful, thanks a lot for the kind words and I wish you the best of luck with the learning process :)
Tank you!
You should have extended the topic much more, so that we can understand it better.
Hi Praneeth, I'm always open to suggestions, feel free to let me know what else you'd like me to cover and I'll do my best :)
Great Depression was also known as the Big Sad and this video was 1:30 not 1:00
The four men holding hands late is so cute and what we always want for future
Why are their only 3 comments
What did he Said in 020 to 025
Here during the global pandemic
Yep, I get a ton of comments about this these days, enough to convince me to make all current videos about the 2020 situation. People are concerned, and rightfully so :(
Agreed
Esse é um assunto serissimo que me ajudou a estudar Ingles...
Edit -- I'm speaking portuguese
Song?
It's happening right now! #2020
Very difficult times indeed, will do my best to be of assistance to those seeking clarity. It remains to be seen what the final outcome will be, now's the time to keep our ear to the ground for sure!
Too
Good
Fastforward to 2023 😢
I had learned that the assumption that the Great Depression was triggered by the stock market crash of 1929 on October is actually wrong. Instead, the stock market crash might have provided some sort of initial impulse to the crisis but the stock market crash and the great depressiona are different things.
U said you'll explain in one minute but u took 1 minute 30seconds
You only talked about what happend after and not about the cause of the depression. I'm doing a research topic on this and i need a little more though.
The big sad😢
Do you have what you said in words? I need this for a project
Sure, let me know what your email address is by replying to this comment or shoot me an email and I'll send the text file your way.
wait what about erosion and the financial bubbles? seems to have been important
I need this for a school project! Pleeaaase! It’s for a good cause. 🙂😘
Sure, I'm more than happy to let people use my work as long as they give me credit for it. Good luck and let me know how it went! :D
One Minute Economics it’s due Monday so I’ll let you know as soon as I’m done. Thanks a lot btw!
And I thought it was like Bird Box
I'm always depressed
Estou aqui por causa do mairo vergara
Ele recomenda este vídeo para estudar inglês
Can I use this for a google slide
Sure thing Mayah, please keep me posted and let me know how the presentation you need it for goes :)
I like your series, actually I love it but using the modern day map of European Union as a map of 1930's Europe is an absurd. With such mistakes no wonder why so many people in the US have severe lack of knowledge about the world and say things like 'I thought Europe is a country with Paris as its capital'. So please keep going but I beg you - try to be more scrupulous when preparing videos :) Greetings from Poland, a member country of the European Union which is not the same thing as Europe :)
Pramus How many countries would you say are in Europe? I know quite a few are in the EU, but I would like to know how many are in Europe
And lo' and behold it's happening again!
While I do believe either a great depression or ultra-high inflation are very difficult to avoid as outcomes (depending on the path that will be chosen), it's too early to tell. As a personal opinion, I consider the ultra-high inflation outcome more probable. For example something breaking during this cycle of tightening, then more of the same (low rates and QE) and eventually an inflationary spiral. But that's just speculation at this point.
#mairovergara
Vim pra baixar em mp3 kkkk. Tô estudando esse texto e vou fazer listening pra caralho
So, this is why pubg created
I'm trying to learn it but it's too long for me I can't memorize I don't speak English and I have this topic to take to my final exams help me 😢😢
The Great Depression was a dramatic, worldwide economic calamity which started in 1929 and lasted until the late 30s. Most people believe it began with the U.S. stock market collapse of October 1929. By 1932, U.S. stocks were only worth 20% of what they were prior to the crisis, and 1 year later, almost half of all Unites States banks had failed.
2 - By 1935, roughly 750,000 farms had been lost to bankruptcy or distressed sales. European countries, debilitated by the debt they had accumulated due to World War 1, dealt with the severe depression, and a sovereign debt crisis ultimately emerged.
3 - In Germany, for example, unemployment reached 25% and among other things, this economic disaster led to Hitler’s Nazi party becoming the top political actor after the 1932 elections. Worldwide trade was devastated by the Great Depression, with countries engaging in so-called trade wars by limiting imports, and by the same year 1932, global trade crashed to half of the pre-crisis volume.
4 - Unfortunately, trade wars degenerated into an actual armed conflict which caused over 60 million deaths - World War 2. Make no mistake, most wars have been caused by economic factors to a very large degree. Let’s learn from the past and not let this happen again.
Gloomy Sunday??
Iniciando hoje o estudo Mairo Vergara, mais alguém?
Boa sorte para nós
Eu estou estudando Mairo Vergara, também! Há uma semana!!
Tomorrow is my exam please provide me the answer please please please please I request you😔😭
How did the Great Depression originate in USA? How did it effect US economy?
Heh, guess I was too late but I'm sure you figured it out, hope you did well :)
And 30 seconds
Anyone else here because of Coronavirus?
Based on the comments I'm reading, I can see that a lot of people are worried about the economic implications of the 2020 situation... and rightfully so :( For this reason, I try to tackle precisely that dimension through the videos I publish nowadays
hey I don't understand, pls help
No problem at all Harry, let me/us know what you don't understand and I'm happy to help or maybe a member of the community notices your comment before I do and steps in :)
It was 1:30 not one minute
Format-wise, it's okay as long as you start with "one minute" when pronouncing the length out loud. So anything from 60 seconds (one minute) to 119 seconds (one minute and fifty-nine seconds) :)
this is hell here foaks
Were fu@ked it happen again this year im in huge debt cant keep up with my house mortgage and soon my school loans
Overlooked were the reasons behind the reasons. The 'roaring 20s' thrived on optimism and easy credit creating an over-confident society living in debt while without the protections of social programs and healthcare, so when the markets tumbled, simultaneous with the dust bowl that swallowed North America, governments and citizens alike were buried in debt. As economies imploded, unemployment sky-rocketed, societies relied on relief payments, and, in Canada where I live, the stubborn short-sighted conservatism of Prime Minister Bennet was finally ousted by pro-active socialist movements in 1936 charting the path to productive recovery. Toward the end of the 30s, the incendiary machinery of war was what propelled re-employment/deployment of the masses (that a whole other mess). It's a cautionary tale about the dangers of inadequate social protections and powers of climactic shifts, parallels to today that are foreboding. Good luck and be well.
The Shift from Depression to War was Sudden. Chill out!
Whenever a history channel says lets make sure world wars don't happen again I feel like there speaking directly to Donal Trump.
@Lachlan Johnstone not everyone's first language is english, so calm down
Vyond
Fastpass Facts????
Noooo you can't rename a historic event
Haha, The Gargantuan Displesure go brr.
Why would a place like America be effected by these things? Our land is full of natural resources.
4
👏🏿👏🏿👏🏿
You know the first lines are from wikipedia and you check for yourself.
you left out the most important part. The fact that the great depression was engineered by the big banks and federal reserve to happen.
It's actually 1 minute and 30.01 seconds
As long as the first two words are "one minute" when saying the length of the video out loud, it's all good :D
Goanimate
2
I'm very sure this gonna happen again
So trade wars lead to actual war? If you can't buy outside your country, you have to make the outside old your country the inside.
While it doesn't have to, there are historical precedents we can consider... well, worrisome :(
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