Raoring Twenties Influence on the Great Depression

             Topic: How the events of the prosperous "Roaring Twenties" caused and led to the stock market crash of 1929 and the beginning of the Great Depression in America.
             I. Introduction – The "Roaring Twenties" in the United States.
             B. New technology and machinery was being developed.
             1. Men began investing in the stock market.
             2. The radio and automobile were among the first leisure items of the time.
             C. The speculation over the stock market and a false sense of security cause thousands to invest and buy stocks on margin.
             D. Stock Market Crash of 1929 cripples the world economy and thus marks the beginning of the Great Depression.
             1. Great depression becomes the worst economic disaster ever to occur in the United States.
             2. A decade of turmoil and unrest ruins foreign nations and brings international trade to a halt.
             3. The U.S. emerges as the dominate force.
             II. Events of the 1920s leading to the decline of the world economy and Great Depression.
             B. Growing gap between the rich and the poor.
             1. Uneven distribution of wealth between industries and nations as well as the upper and middle class.
             2. President lowers income tax on rich.
             C. Overproduction of goods with declining consumer population.
             D. New technology replaces human labor.
             3. Mass production eliminates agricultural side of the economy.
             4. Warehouses fill when the consumers have little money to spend causing a large drop in prices.
             E. Stock Market Crash of 1929 delivers final blow to already weakened economy.
             1. Share prices drop when companies begin doing poorly.
             2. Crash occurs when thousands of investors sell their shares.
             A. Loaning of money to European countries by the U.S.
             1. Other nations use the money to buy American goods thus creating a
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