Why Do We Still Study the Great Depression?

Economic Episodes in American History: The Great Depression, Part 1

In this video, Great Depression expert David Wheelock of the St. Louis Fed discusses several reasons why the Great Depression remains a topic of much study. It was among the worst economic periods in American history, its causes are still debated, and it is useful for teaching and learning–especially in economics and history.

David Wheelock gives a presentation on “The Great Depression” as part of an economic education workshop at the St. Louis Fed. Recorded July 11, 2013.

Part 1: Why Do We Still Study the Great Depression? (5:55)

Part 2: Some Useful Terms (7:03)

Part 3: How Great Was the Great Depression? (3:06)

Part 4: The Great Recession vs. the Great Depression (6:25)

Part 5: What Caused the Great Depression? (9:59)

Part 6: The Role of Bank Failures and Panics (11:33)

Part 7: Where Was the Fed? (6:48)

Part 8: What Caused the Recovery? (3:47)

Part 9: Lessons Learned and Concluding Remarks (3:01)

For additional Great Depression-related multimedia resources, from newsreels to oral histories, visit our audio, video and interview series pages.

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