The Great Depression: Crash Course US History #33

Рет қаралды 6,936,397

Күн бұрын

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.
Hey teachers and students - Check out CommonLit's free collection of reading passages and curriculum resources to learn more about the events of this episode. The Roaring Twenties ended with The Great Depression, a period of soul-searching for the United States dealing with a failing middle class: www.commonlit.org/texts/the-g...
The issues of the Great Depression were made more difficult by the agricultural crisis known as the Dust Bowl: www.commonlit.org/texts/excer...
Learn more about the Great Depression in episode #28 of Crash Course Black American History here: • The Great Depression: ...
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
Crash Course is on Patreon! You can support us directly by signing up at / crashcourse
Want to find Crash Course elsewhere on the internet?
Facebook - / youtubecrashcourse
Twitter - / thecrashcourse
Instagram - / thecrashcourse
CC Kids: / crashcoursekids

Пікірлер: 5 300

@lindaflores8224 4 жыл бұрын

Online school is making this dude some money

@ItsMeLele 4 жыл бұрын

john green doesnt need our money LOL

@godzilla964 5 жыл бұрын

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

@dontundra2259 5 жыл бұрын

Ryan lol true, always great advice.

@ogueyratogeyrat7448 5 жыл бұрын

Dont reach too far if u poor and no brain

@se6586 5 жыл бұрын

Muh margin trading

@edwardhernandez8289 4 жыл бұрын

Have you checked out the debt load of corporations. Debt used to buy back their own shares? Greater depression here we come

@truenorthstrongfree8566 4 жыл бұрын

dont have either and you will do even better

@cstone1719 4 жыл бұрын

2020 quarantined history students rise up

@daelinsanders2635 4 жыл бұрын

C Stone hell yea 😂😂😂😂

@brooklynsymonelewis 4 жыл бұрын

haha me

@LeCesne-kd9kn 4 жыл бұрын

The 2020 April fools virus is going to cause a global depression like we've never seen

@nikkinikki4835 4 жыл бұрын

Let's go

@isabell9606 4 жыл бұрын

my teachers is always sending me videos

@Memetastic 5 жыл бұрын

*the big sad*

@BartholomewHll 8 жыл бұрын

I love how John Green has suddenly become my history teacher

@jonahspencer4079 5 жыл бұрын

Me too

@klabnif5735 8 жыл бұрын

I wonder how many people just watch without having a test

@elephantwarrior53 8 жыл бұрын

At least one

@roseslikemusic 8 жыл бұрын

Me. I just think this is completely awesome. So funny and very interesting.

@kayleamarie3886 8 жыл бұрын

Me!!

@feelteamsix3911 8 жыл бұрын

No, I just love History

@nena_gz 8 жыл бұрын

Took a test, nailed it, learned nothing... So I watch KZfaq...

@johndwyer3357 5 жыл бұрын

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.

@pointly 4 жыл бұрын

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.

@AndrewChedid 8 жыл бұрын

Hopefully this is enough for my test tomorrow...

@bustedandblu_ 8 жыл бұрын

SAME

@XxJaguar22 8 жыл бұрын

Hope it went well... Lol

@Playitalready 8 жыл бұрын

+andrew chedid So many problems with this video. like say... maybe instead of central banks and inflation, we should've been more concerned about ALL banks who loan out money that does not belong to them and/or is not backed up with anything? we could prevent a credit bubble from forming and bursting in the 1st place! P.S. Watch my video CORRUPT SECRETS OF THE DOLLAR EXPOSED on my channel PLAYITALREADY it is shorter/better about what i just mentioned than this guy's video.

@user-sd8ec5jv2z 8 жыл бұрын

Look up Adam Norris for APUSH material.

@theminnesotaroadgeek3069 8 жыл бұрын

+Βουλγαροκτόνος1014 He is fantastic!

@alahjandrodagrate1611 4 жыл бұрын

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

@macrent2 4 жыл бұрын

This will be a bear market and recession, not a total crash. The banks and federal reserve are fine.

@alahjandrodagrate1611 4 жыл бұрын

McCall until everyone’s workplaces shut down and everyone starts panic pulling their savings

@macrent2 4 жыл бұрын

@@alahjandrodagrate1611 There won't be any reason for that because the government will be subsidizing this event.

@alahjandrodagrate1611 4 жыл бұрын

McCall subsidies for what? for research?

@pewpeww556 4 жыл бұрын

1.5 trillion dollars in quantitative easing. Yeah banks are fine......

@lauren1779 2 ай бұрын

Hi it’s ten years later

@SheepKid1 6 жыл бұрын

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

@l.u.i.s._.8452 5 жыл бұрын

The big sad

@vroomkaboom108 4 жыл бұрын

5.The Whopping Wailing 6.The Doozie Downer

@TheLe016 4 жыл бұрын

4. CoViD-19

@aidanrogers4438 8 жыл бұрын

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.

@MrMjb1998 8 жыл бұрын

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

@jessicanotari4472 4 жыл бұрын

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

@CaleHeintz 4 жыл бұрын

"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!

@michaelc1063 4 жыл бұрын

2008 was just the beginning..wait & see whats coming next

@jacman6409 4 жыл бұрын

Oh if only u knew How bad it's really gonna get

@ltnorbiit3020 4 жыл бұрын

Michael C great prediction

@paolitna28 4 жыл бұрын

And Again.. 2020 :(

@martindevino5109 4 жыл бұрын

How oblivious we were 5 months ago

@bobsaggat 8 жыл бұрын

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

@alexmcbride7563 6 жыл бұрын

Joe Bloe I’m guessing we’ll be doing the same thing with the last few presidents when we grow up.

@Icelasher 6 жыл бұрын

How my Grandparents cuss out Truman How my Parents cuss out Carter How I cuss out Trump

@Colossians2v8 6 жыл бұрын

Can't cuss out Trump, since the corporate media does it constantly, they doth protest too much. Obama on the other hand, was their golden child. Hardly a hardball question or scathing criticism to be found in the worst 8 years of modern American history.

@philmarsh1000 6 жыл бұрын

Yes it was terrible that time Obama wore a tan suit or had mustard on his burger wasn't it?

@philmarsh1000 6 жыл бұрын

Also, hobbit homes and FEMA camps.

@jakestockton4808 7 жыл бұрын

I could watch this 3 times and not grasp it all...

@ExtractEngineer 7 жыл бұрын

I feel sorry for you?

@jakestockton4808 7 жыл бұрын

Grasp = Memorize

@TheBanaxel 7 жыл бұрын

My friend If you have to watch this 100 times Do it. is worth your valuable time.

@mj870715engelbrecht 7 жыл бұрын

Watching the crash course on economics helped me understand this a lot better.

@jacquidawn1 7 жыл бұрын

I agree, that was alot of words. Especially if you're not interested in economics. I find it rather suspicious that after all these years no one can give an explanation for the cause of the depression that the layperson can understand well enough to repeat.

@finnianharrison9048 4 жыл бұрын

Anyone watching this during “The Great Lockdown”?

@tbvn3315 5 жыл бұрын

I want this guy to be my history teacher :'(

@hernishm1816 4 жыл бұрын

Isn't he already?

@lynxproductions4667 6 жыл бұрын

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

@louise-yo7kz 5 жыл бұрын

Lol

@michaelwoods4495 4 жыл бұрын

Unfortunately false. Hoover pretty much supervised the recovery of Europe after WW1. He knew economics. The problem is the Democratic party that refused to enact any of his proposals until they got their own president, who then carried out Herbert Hoover's programs and took all the credit. Recovery would have come much sooner if they had cooperated.

@JK-gu3tl 4 жыл бұрын

@@michaelwoods4495 Hoover knew how to make money but his understanding of economics was terrible. His only saving grace is he recognized a bubble was happening. Other than that, he was terrible.

@lydiawileydeal5706 8 жыл бұрын

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

@oogabooga9183 5 жыл бұрын

Ikr

@hannahdykstra1014 5 жыл бұрын

of my goodness, that is so true. All he did was talk about his medical life. I didn't fail only because I have a parent with a history degree.

@rassenkrieg9615 5 жыл бұрын

@@hannahdykstra1014 Good for you.

@connorsimmonds9698 4 жыл бұрын

The big depression 2: electric boogaloo

@VictoriaVlogz Жыл бұрын

My Dad was born in 1927 and the Great Depression and fighting in WWII definitely left its mark on him.

@ScarHydreigon87 7 жыл бұрын

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

@Heligoland360 7 жыл бұрын

Because my country only lost wars against small countries far away that could never enforce any reparations.

@tyronefore 7 жыл бұрын

one all three of yall are wrong and I'm in the 5th grade

@Heligoland360 7 жыл бұрын

You have not backed up your claim, please back up your claim before revelling in your own self grandiosity.

@megmegsi 6 жыл бұрын

October 10, 2010, Germany made a payment of $94 million (USD), the last reparation payment

@alexmcbride7563 6 жыл бұрын

Wait, we were still making them pay reparations for a war that occurred around a century ago? Even after everything that happened since that war? Wow

@noenaem1389 8 жыл бұрын

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!

@autumns9766 8 жыл бұрын

Yeah I agree. It's hard to follow what he's saying because he talks so fast

@reubenbelenjr.9100 5 жыл бұрын

This channel is the best! Thank you very much John Green and to other supporting casts who made this video so AWESOME!

@UpperKS 4 жыл бұрын

"The first elected office that he ever held in his life was President of the United States" Wait are you telling me this could be a bad thing!?!?

@kyliep.4858 4 жыл бұрын

Keenan Sullivan trump and Hoover are really similar! they are weirdly similar! Hoover expressed COMPLETE faith in American system, and would rather blame foreign forces than reform USA system. He rejected all proposals for big government plans, relied on voluntary private charities and local govt to take place of federal government, said that handouts would undermine American character, and he also cut taxes.

@UpperKS 4 жыл бұрын

@@kyliep.4858 Oh my favorite! (╯°□°）╯︵ ┻━┻

@autumntriesthings 4 жыл бұрын

Keenan Sullivan 😩😩😩

@JermaineSaundersUConn 9 жыл бұрын

Am I the only one who noticed the people having sex in the car at 3:35?

@Abdul54cp 9 жыл бұрын

Console Guardian They're scoodly-pooping

@TheStevehuff 9 жыл бұрын

I think so you pervert.

@TheStevehuff 9 жыл бұрын

***** I am going to watch this video again.

@divyaprabha7021 9 жыл бұрын

Jermaine hahaha dancing cars #pk

@TheStevehuff 9 жыл бұрын

Jermaine a car did speed by at 3:35.

@freaknationgaming7550 8 жыл бұрын

At 3:37 there are people fucking in the car at the bottom left xD.

@eriklindgren5955 8 жыл бұрын

"the brothel on wheels"

@justinebangayan3306 8 жыл бұрын

at 3:54 its a dude taking a picture of his junk

@cutecats532 8 жыл бұрын

Titanic spoilers

@gatsbylight4766 7 жыл бұрын

"If this Model A is a rockin...."

@soEZNation 7 жыл бұрын

Liking this comment so that every high school class watching this video sees it

@bigj200016 4 жыл бұрын

One of the biggest myths of the depression was Hoover did nothing. In fact FDR’s treasury secretary said that most of the new deal was started during Hoover’s administration

@glassofjuiceplzj2022 4 жыл бұрын

This really is a CRASH course all right. Get it? Like the stock market crash.

@abbuk8477 4 жыл бұрын

GlassOfJuicePlz J haha

@jockey101 4 жыл бұрын

stop please

@weilongguan3824 4 жыл бұрын

Lol

@Gonenow2015 4 жыл бұрын

Neeeeeow.... BOOM! (muffled screaming and wailing)

@pppoopoo4529 4 жыл бұрын

I don’t find you funny

@anmochiko 5 жыл бұрын

"I'M GONNA HIT THE GLOBE!" *Small crash* "Nailed it." Teaching at it's finest.

@BloodhawkProductions 5 жыл бұрын

This is John at his best. You can tell his strength and passion for economics

@faealike4748 4 жыл бұрын

How we all doing then, everyone feeling okay, experiencing any existential terror?

@Tomimi570 4 жыл бұрын

Anybody else thinks we are re-living history?

@Victoriousniki 4 жыл бұрын

TomimiDezu 🙋🏽‍♀️

@jana9662 4 жыл бұрын

History always repeats. Thats why it's so important to know the history

@heyyou7881 4 жыл бұрын

No, things dont even compare to the last century.

@dallasburns7806 4 жыл бұрын

Julio Zep Aaaaand the Dow just dropped over 900 more points

@robertgouldshaw9292 4 жыл бұрын

trust me, the great depression was WAY worse than what we are experiencing

@worldsbiggestholdthegirlfan 10 жыл бұрын

Thanks John for taking time out of your busy schedule to make these! I got a 95 on my last test thanks to CrashCourse!

@TastycakesLol 9 жыл бұрын

If anyone feels like becoming depressed today, feel free to watch people attempt to sound smart in the comments.

@Niamaru 9 жыл бұрын

more palatable than polarizing science video comments.

@mr.potato7075 7 жыл бұрын

As she tries to sound smart and snarky.

@luciagovea5815 6 жыл бұрын

@mrbenoit5018 6 жыл бұрын

TastycakesLol E=MC squared on the hippopotamus

@aprilblossom5151 4 жыл бұрын

2020 thinking there would be another Great Depression because of COVID-19

@heyyou7881 4 жыл бұрын

Health comes before GDP, no one should care about the economy right now.

@kasamali9419 4 жыл бұрын

Julio Zep Until the economy affects people’s health.

@mkratos17 4 жыл бұрын

@@heyyou7881 assuming the governments around the world take unprecedented action to keep people afloat this shouldn't become the next great depression imo

@pickaxeproductions7676 4 жыл бұрын

Nobody asked

@MsMRkv 4 жыл бұрын

There was an economic crisis looming regardless of coronavirus. But politicians will use this virus as a scapegoat.

@lordreega8994 4 жыл бұрын

My head hurts.

@JasonSikora1943 7 жыл бұрын

This is an incredibly broad topic, and you did an amazing job shrinking it down to the bare bones. One of your best videos yet. Thanks team!

@jaderomlucero8940 4 жыл бұрын

"The huge anxiety" in 2029

@OO-oe3th 4 жыл бұрын

Jade Rom Lucero Came 9 years earlier

@JDogVids Жыл бұрын

In 2015-2018 in perkins oklahoma middleschool in 8th grade my teachers always played your videos and taught us through them 70% of the time and it was always so interesting and I just came across this channel today and thought it looked familiar and then I realised why. Thank you sir for your dedication to teach 🙏

@maddysist1570 4 жыл бұрын

good luck tomorrow guys, we got this!

@tompuijpeNL 4 жыл бұрын

Hold on here, the deflationary cycle could have happened because of all the consumption during the 1920s up to 1929. The fed already pumped lots of money in the economy by setting low interest rates. This made for an increase of the money supply across the country by more than 50% if I read it right. This can explain the deflationary period and asset bubble in the stock market. More loans default due to overleverage because of the liberal loans. I miss good old Austrian economics in here :) By the way 2020 exam history student :)

@keithwaynejones 7 жыл бұрын

Man you're the only person that has made me interested in this stuff. Too bad you weren't my history teacher or else I may have passed lol

@SunQueen-yp1dy 4 жыл бұрын

Can I just say again how much of an amazing resource this videos are? Thank you Crash Course team!

@dinaisis2991 Жыл бұрын

Back here in 2022-2023.

@judithvasquez4332 7 жыл бұрын

My great-grandparents died of starvation during the Great Depression. My grandfather had a wife and 7 kids, no job. He stole bread from a store and was in jail for 6 months. During that time, no one could help his parents, and they both died. It says on their death certificates--Died from malnutrition. A truly sad time.

@scuddyleblanc5119 Жыл бұрын

Somehow the history of the 1927 stock market crash never mentions FDR‘s part in causing the crash. FDR was New York’s governor, and at the time, the states regulated the stock exchanges. FDR failed to properly regulate the New York Stock Exchange, the largest stock exchange by far, and that led to the wild speculation that led to the crash.

@user-wv5ue7ny6u 4 жыл бұрын

"I've never had this much fun since the stock market crash of 1929! So many orphans..."

@wanderertxt 4 жыл бұрын

Yes, i literally came here because of Hazbin Hotel

@user-wv5ue7ny6u 4 жыл бұрын

@@wanderertxt same hdhdgd ngl

@samusaran4188 4 жыл бұрын

@@wanderertxt S A M E xD

@cesiperez8789 4 жыл бұрын

I came here from that too lmao 😂 history is quite interesting.

@joshhyink 5 жыл бұрын

Thank you! I rarely comment but I have to show my appreciation for this great info.

@infodrumm 10 жыл бұрын

He makes learning fun...

@jacksondavisTV 8 жыл бұрын

Lol time to learn history before tmrw.

@zachbattleman6138 4 жыл бұрын

11:29 damn, I really felt that

@corilaatsch1057 5 жыл бұрын

Hello to my classmates who are forced to watch this

@TurboChargedGil 8 жыл бұрын

SO HELPFUL this dude saved my life

@kodabaldan2794 8 жыл бұрын

+Turbo-Charged Gil Same!

@ElianaJHowerton 8 жыл бұрын

+Turbo-Charged Gil If only he could have saved Augustus Water's life.

@Fuzzigog 8 жыл бұрын

3:38 Couple "boinking" in the car "Titanic" style!

@margaritam.9118 5 жыл бұрын

Suhail Agha That’s their way to cope with being greatly depressed.

@Ray-ko1po 6 жыл бұрын

Thanks this helps with my Project! I would like to add that this is very well organized. I like how you combine facts with a bit of comedy to keep the audience interested. Nice job!

@evilyncraft3592 4 жыл бұрын

if your watching this in 2020, that means your teacher made u watch this during quarantine

@patsyl8935 4 жыл бұрын

or you're out of school and just enjoy history

@manasakaguchi 4 жыл бұрын

Or you’re forced to understand the Great Depression because you have a school project in it

@britxc10 4 жыл бұрын

Alpha Dem0n how’d u know

@nati_padilla 4 жыл бұрын

bruh that y im here :'v

@jessicagaddis9004 4 жыл бұрын

That's what our teacher is having us do.

@rebeccawood2862 9 жыл бұрын

I really like these videos but I think that there's just too much information squashed into such a small space of time. Yes - I know that the video is 14 minutes long but he just talks so fast.

@FilmRebirth 9 жыл бұрын

It happens to me too. Click the cc option (close caption) so you can read while he speaks. Its helps

@liamcrooks8338 9 жыл бұрын

Rebecca Wood If you hit the settings cog, you can set the speed to 0.5 sometimes, depending on how you're watching.

@rebeccawood2862 9 жыл бұрын

Oh really? Thank you :) Liam Crooks

@divyaprabha7021 9 жыл бұрын

Rebecca Wood its a crash course. what do u expect? if john green had to talk slower this video will be a movie of about 1 hour

@rebeccawood2862 9 жыл бұрын

Haha true Divya Prabha

@zephyrvescent 10 жыл бұрын

My grandparents were poor and very affected by the depression. But, my grandmother, bless her soul, was known by the transients (hoboes) in town and that they could get a warm and filling noonday meal. They would line up at her back door, and she would bring out a big kettle of soup or other simple foods, and made sure that these poor souls got at least one hot meal during the day. My grandfather wasn't thrilled about it, but he knew that she never fed them until HE had his hot meal of the day first. So many folks rallied around at that time in our history, helping others even though they themselves were hurting, too.

@felipesmexicanchannel3586 4 жыл бұрын

Anyone else find it easy to get distracted watching this video not pay much attention to him cuz he speaking hella fast 😂😂🙋🏽‍♂️

@zoratwofacecat9540 4 жыл бұрын

History repeats itself

@om4883 10 жыл бұрын

Well done, I really appreciate how neutral and objective you stay through all your videos and material....awesome!

@ladyelmo5448 7 жыл бұрын

Love your videos! Even though I am done with school I still love to learn new things! Sadly I wasn't taught a lot about the 1930s in school : (

@marshaarbi 4 жыл бұрын

many parts of places all over the world are still suffering from things like this.

@yassinehelaoui7078 4 жыл бұрын

Stay tuned for "The Great Lockdown" of 2020's

@rmorton8281 5 жыл бұрын

I have a test on neurobiology in nursing next week and I'm watching this oops lol

@leowande4549 5 жыл бұрын

Zander Mort did you pass?

@calin6327 4 жыл бұрын

@Kureo Mado what about the impact of coronavirus on the neurobiologie and the economy. Hehe check mate

@louisashley76 4 жыл бұрын

I’m here because of the coronavirus🥴😩

@livirose6086 4 жыл бұрын

SAME

@alejandrasanchez3699 4 жыл бұрын

A Lou yes I think we are going into Great Depression II 😰

@brickbybrickbuilds5664 4 жыл бұрын

Me too..

@Victoriousniki 4 жыл бұрын

A Lou same!

@justSTUMBLEDupon 4 жыл бұрын

A Lou me too. Just watch some counter arguments to this. For example they saying deflation was better than inflation but both are terrible. And the Great Depression lasted as long as it did for more reasons than not leaving the gold standard and other progressive economic ideas not being implemented.

@Vivianreviews3 4 жыл бұрын

I’m here during quarantine and learning about this Great Depression

@superfluoustoker 4 жыл бұрын

Anyone watching this thanks to the Coronavirus?

@bigtimecena3676 4 жыл бұрын

superfluoustoker I’m watching this cause of my online classes

@carstonfronning7616 4 жыл бұрын

superfluoustoker yep

@abbytm9645 4 жыл бұрын

When your school makes you watch youtube videos for "school"

@lokovideos4949 4 жыл бұрын

superfluoustoker yep it sucks

@scottlocke. 4 жыл бұрын

100 years from now people will think coronavirus caused the greatest depression and something like crash course will provide more insight.

@jf3850 8 жыл бұрын

Anyone else watching for an exam tomorrow?

@miguelramos5943 8 жыл бұрын

hahàhaha yesss

@ripo789 8 жыл бұрын

Yes yes yes

@xm377Moyocoyatzin 8 жыл бұрын

If you are watching this for an exam then you are totally fucked.

@ivo8312 8 жыл бұрын

+xm377Moyocoyatzin thanks for that

@tegan8523 8 жыл бұрын

+Annie ur welcome

@jackieeethepwner 8 жыл бұрын

Three words folks: The Federal Reserve Understand this plus fractional reserve banking and you will understand any and all bubbles and busts

@XxxKinetypicXxx 5 жыл бұрын

@@manuelmontouliu830 also watch mike maloney and his series about the history of money

@XxxKinetypicXxx 5 жыл бұрын

@@manuelmontouliu830 and "how the economic machine works by Ray Dalio"

@saltiplumz2103 5 жыл бұрын

The creature from Jekyll Island by G Edwin Griffin. This book is a must read for every person on this earth.

@AxelQC 5 жыл бұрын

The problem with this analysis is that employment is always a lagging indicator of economic growth or decline. Bringing on new employees or laying them off is always a reaction to changing economic conditions, not a cause of it. Using employment to indicate the beginning of a depression is like using flooding to mark the beginning of a storm.

@vatsalpurohit3933 5 жыл бұрын

Watching this just out of curiosity.. can't imagine if I had to mug it all up for exam!

@thraitor7819 5 жыл бұрын

Easier when you have learnt it all before but to be fair this is done in a way more interesting format than mist educational videos and that helps lol

@vatsalpurohit3933 5 жыл бұрын

@@thraitor7819 yeah it is exciting..but only when taught in this way. Otherwise it could become boring

@konrad414 4 жыл бұрын

I have to expand the effects of the Great Depression in different types of people in a 30-40 minute speaking presentation

@kyracioffi2684 7 жыл бұрын

Thank you! This really helped me for my research paper!

@Sarah-fv3kb 4 жыл бұрын

I guess the upside of the horrible events happening right now (pandemic, record breaking unemployment, etc) is that more people are turning to history to try to learn from our mistakes and take the best foot forward. Keep on learning history, it's always more relevant than you think!

@dominickdarpino5584 4 жыл бұрын

TO ALL THE YOUNG PEOPLE COMPLAINING THEY ARE HERE JUST BECAUSE OF SCHOOL TAKE NOTES. THIS IS GOING ON RIGHT NOW IN YOUR LIVES. HISTORY REPEATS ITSELF, PLEASE PLEASE PLEASE TAKE THIS TIME TO LEARN

@jacman6409 4 жыл бұрын

History Repeats itself today 03/10/20 GOODLUCK YALL

@jacman6409 4 жыл бұрын

Yeah that's right been here waiting

@jacman6409 4 жыл бұрын

@RigoRocks23 hate to be Right...are u ok?

@cjconcannon8713 8 жыл бұрын

I love the random pop culture references made in the Thought Bubble.

@nalinsaini1983 4 жыл бұрын

Lol when your AP Test is Units 3 - 7 and you have to calculate the exact Crash Course US history range of episodes to watch

@spamspam3298 4 жыл бұрын

Where are you starting from?

@tytack8080 4 жыл бұрын

I might get the great depression if the prompt is the great depression

@thegrammarpolice7052 4 жыл бұрын

I'm doing the exact same. I am going from 5-36

@thegrammarpolice7052 4 жыл бұрын

@@spamspam3298 5-36

@nalinsaini1983 4 жыл бұрын

5/6 - 37 Pretty much from the end of the Seven Years War to WWII

@ocean6828 4 жыл бұрын

Every time I’m forced to watch one of your videos by my teacher, I end up watching all of them for fun, and then I’ve forgotten to do the work!

@engendroman 5 жыл бұрын

2:38 Loved to see a reference to Futurama (Robot Devil)

@mitchellkruszewski2616 4 жыл бұрын

Anyone here because it’s as if 1919 and 1929 both seem to be happening at the same time, this year?

@Hunterchuck 4 жыл бұрын

This has been predicted by Karl Marx though. A capitalist system built to favor a small class of people that accumulate wealth without a cap tends to lead to an economy that eats itself. The corona virus may have made things worse and accelerated the economic downturn but we were already over due for one according to the few economist that aren't delusional. 1. We need a wealth cap. 2. Businesses should be structured more democratically (worker coops) to install checks and balance, transparency, accountability and increased economic mobility in the workplace. 3. A more comprehensive progressive taxation system. 4. The economy should not be run mostly on debt. There should be a limit to how much debt is taken. 5. Essential work should be tax free such as doctors and farmers to safeguard those positions while also encouraging more interest in those essential jobs. (Just an idea) 6. Central banking is necessary and there should be better regulation on federal printing/spending.

@mkratos17 4 жыл бұрын

We are due for another economic recession if it wasn't the Corona virus it would have been something else

@filmfan885 4 жыл бұрын

Hunterchuck Those sound like good and interesting ideas. Is there a way I can contact you so that we can discuss them further?

@Hunterchuck 4 жыл бұрын

@@filmfan885 The only other place to contact me is through Discord (which i hardly use nowadays) Tengen#7136 These ideas are fine to talk about but in no way would we ever expect these ideas to actually be implemented. What i would strongly advocate for is not really popular enough among the common population and the members of congress who actually work the process. For now, it's just talk and ideas (that may or may not actually work).

@filmfan885 4 жыл бұрын

Hunterchuck I added you a minute ago

@Confused_Slime Жыл бұрын

That was my nickname in 7th grade

@katferguson 4 жыл бұрын

I love Crash Course. It's my go-to place to learn & understand my world.

@marioescabi2529 4 жыл бұрын

“Let them eat cake-y” I love that I can understand the reference

@kathrynhonor 7 жыл бұрын

My SS/History teacher shows us some of these and since I'm a history geek I just watch these in my leisure time now😂

@theebillionairess3377 4 жыл бұрын

Sameeeeee

@dann5480 4 жыл бұрын

You're so cool oh my god

@allenbackbone 5 жыл бұрын

Welp now Team Fortress 2 is experiencing a "Great Depression" right now.

@aliciamarana Жыл бұрын

Thank you for making these bite size history lessons. Your videos are interesting enough to hold the attention of my kids. ❤

@michaelchristensen5965 Жыл бұрын

It's great that this channel tries to present the other side from the conventional wisdom. That's useful. The problem is when kids only know this.

@countdowntomidnight692 6 жыл бұрын

if a 14 minute KZfaq video is good enough research for exams these days, I worry about our educational systems.

@mzxix 4 жыл бұрын

I found it! I watched this at school and I finally found it on my phone!

@jobo1656 4 жыл бұрын

Someone is gonna read this in a couple years and be like I am looking at these 5 years ago comments thinking they were so long ago

@ALLDAYKPOP 5 жыл бұрын

It's sad watching this in 2019 :(

@AmirRunsYou 4 жыл бұрын

same

@randomdontbanme3154 4 жыл бұрын

Why is it sad?

@toasterchief4979 4 жыл бұрын

Why?

@trev0or341 4 жыл бұрын

nahh

@JesusOurKing 4 жыл бұрын

@@randomdontbanme3154 because in the next 60 yrs this will most likely repeat.

@bird9230 6 жыл бұрын

Crash Course... Me... You... The AP Test... Welcome, to the END

@newellpickett6211 4 жыл бұрын

Levi Kowalski did u really have to take a test on this at the time or u just said this for clout?

@bird9230 4 жыл бұрын

@@newellpickett6211 yes. This was the final day of cramming before the final battle. I won(?). I never used it as im becoming an officer now, but i passed.

@williambilyeu9801 4 жыл бұрын

Before the Great Depression, panics, recessions and depressions lasted no more than a few years. The government never involved itself in these short setbacks. Suddenly in the 1930s, the Federal Reserve raised the discount (interest) rates and the United States government raised tariffs and taxes and increased regulations on businesses. The Great Depression lasted 10 years. And the New Deal which raised taxes even more and increased regulations caused the economy to be even worse. The trough of the Great Depression occurred in 1937, four years after the start of the New Deal. Secretary of the Treasury Morgenthau stated, " We have spent millions of dollars, and it has done nothing."