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Great Depression

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Great Depression What s so great about it, anyway? Journal Questions 1 2 3 Back Question 1 What do you think caused the Stock Market Crash in 1929? – PowerPoint PPT presentation

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Title: Great Depression


1
Great Depression
  • Whats so great about it, anyway?

2
Table of Contents
  • Outline
  • Journal Questions

3
Outline
  • Leading to the Great Depression
  • Hoovervilles
  • Election of 1932
  • New Deal
  • Brain Trust
  • Opponents to FDR
  • Court Packing
  • Other events of the 1930s
  • Back

4
Leading to the Depression
Overproduction
  • Farming Problem

Drop in Consumer Spending
5
Leading to the Depression
Perceptions
  • Rising stock prices

6
Leading to the Depression
  • Buying on Margin
  • Putting 10 of stock down, paying for the rest
    when the stock when up

7
Leading to the Depression
  • Banking practices

Stock Market Crash Oct. 29, 1929 40 Billion
lost in two months
8
Leading to the Depression
  • Margin calls

Unemployment
Bonus Marches Wanted pensions from the govt,
from WWI
Dust Bowl (33-37)
9
Leading to Depression
  • Fear, panic, depression

Bankruptcies
Layoffs 25 by 1933
10
Hoovervilles
  • Villages of homeless people during the depression

11
Election of 1932
  • Rep.-- H. Hoover
  • Dem. F. Roosevelt
  • Both had different philosophies about the
    Depression

12
Hoover
  • Conservative Approach
  • Relied on assistance from charities and
    volunteers
  • Depression is psychological.
  • Depression is a cycle.
  • Relief undermines a persons character.

13
Roosevelt
  • Government needs to be active
  • The only thing we have to fear, is fear itself.
  • The American people will get a New Deal.
  • FDR wins in a landslide

14
Fireside Chats
  • Radio talks given by FDR to the country
  • Discussed problems and issues

15
FDRs One Hundred Days
  • Enormous amounts of legislation passed
  • 21st Amendment (Repeals 18th)
  • Didnt work
  • More criminals
  • Couldnt tax
  • More jobs
  • Raised spirits

16
New Deal Programs
  • Social Security Act
  • est. pensions for WWI survivors and disabled
  • Fair Labor Standards Act
  • est. a 44 hr work week and .25 cent min. wage
  • Wagner Act
  • allowed collective bargaining for unions

17
Yes, More New Deal Programs
  • Agricultural Adjustment Act
  • Govt compensated farmers for producing less
  • Bank Holiday
  • All banks closed to regroup
  • Federal Deposit Insurance Corp. (FDIC)
  • Insured deposits
  • Securities and Exchange Comm. (SEC)
  • Created to monitor stock market

18
Paying for the New Deal
  • Raised taxes on workers, borrowed money for
    businesses, and private wealthy individuals
  • Alphabet Administration
  • Nickname given because of the programs created by
    the New Deal

19
The Brain Trust
  • Nickname for FDRs cabinet members
  • Francis Perkins first woman cabinet member
  • Appointed many African-Americas to advisory
    positions
  • Begins trend of women and African Americans
    voting Democratic

20
Opponents to FDR
  • Huey Long
  • Socialist Governor of Louisiana
  • Felt FDR and Hoover had done too little to help
    during the depression
  • Was elected to the Senate and vowed to win the
    Presidency in 1936
  • Was shot and killed in 1935.

21
Opponents to FDR
  • Father Charles Coughlin
  • created the National Union for Social Justice
    party to run against FDR in 1936
  • Supported Hitler and Mussolini
  • Very anti-Semitic
  • Radio show shut down by FDR

22
FDRs Court Packing Plan
  • FDR pushed to raise the S.C. from 9 to 15
  • Wanted to appoint new justices who favored the
    New Deal
  • Opposed by both sides.

23
Other 1930s Events
  • Dust Bowl
  • Caused by poor crop rotation and drought

24
  • Grapes of Wrath
  • Story about a family during the Depression

25
Empire State Building
  • Worlds tallest building from 1931-1972

26
Hindenburg Disaster
  • Hydrogen blimp that exploded over New Jersey
  • Would you like to see the
  • disaster?

27
The Wizard of Oz
  • Enormous hit film, released in 1939

28
Mickey Mouse
  • Created in 1928, becomes cartoon icon in the 30s

29
  • Becomes the terrifying radio hit in 1938

30
(No Transcript)
31
Bonnie and Clyde
32
(No Transcript)
33
Jessie Owens wins four Gold Medals in the 1936
Olympics.
34
Journal Questions
  • 1
  • 2
  • 3
  • Back

35
Question 1
  • What do you think caused the Stock Market Crash
    in 1929?
  • Back

36
Question 2
  • Do you think Hoover was wrong in his approach to
    the Great Depression? Why or why not?
  • Back

37
Question 3
  • The Great Depression lasted a decade while New
    Deal after New Deal program failed to do anything
    to end it. Do you agree or disagree? Why?
  • Back
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