Title: Herbert Hoover and the Great Depression - PowerPoint PPT Presentation


Title: Title: Herbert Hoover and the Great Depression


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Title Herbert Hoover and the Great Depression
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(No Transcript)
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The Depression had a calamitous effect on tens of
millions of Americans.
  • Homes taken away when mortgage payments were not
    made
  • Homeless built shantytowns, sarcastically called
    Hoovervilles

4
Life savings lost as thousands of banks failed.
  • Employers went bankrupt or, to avoid bankruptcy,
    laid off the majority of workers
  • In rural areas, farmers struggled as produce
    prices dropped more than 50

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To make matters worse, a prolonged drought
afflicted the Great Plains
  • Region turned into a giant Dust Bowl
  • Result Agrarian unrest
  • Attacked those who tried to evict them
  • Conspired to keep their farms
  • Formed Farmers Holiday Association
  • Organized demonstrations

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(No Transcript)
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(No Transcript)
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Hoover made 2 mistakes in addressing the problems
of the Great Depression
  • Encouraged passage of the Hawley-Smoot Tariff
  • Raised import duties of foreign goods to 40
  • Expulsion of the Bonus Expeditionary Force
  • World War I veterans lobbied for early payment of
    benefits for their service but bill was defeated
  • They refused to leave squatted in empty
    government offices
  • Hoover ordered the Army to expel them cavalry
    attacked them with tear gas

11
This ensured the loss of Hoovers re-election
the election of Franklin D. Roosevelt
  • Argued for a more interventionist government
  • Promised relief payments to unemployed
  • Inaugural address Declared war on the Depression
  • The only thing we have to fear is fear itself
    nameless, unreasoning, unjustified fear.
  • Implemented sweeping reform called the New Deal
  • Listen to 1933 speech
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Title: Herbert Hoover and the Great Depression

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Title: Title: Herbert Hoover and the Great Depression


1
Title Herbert Hoover and the Great Depression
2
(No Transcript)
3
The Depression had a calamitous effect on tens of
millions of Americans.
  • Homes taken away when mortgage payments were not
    made
  • Homeless built shantytowns, sarcastically called
    Hoovervilles

4
Life savings lost as thousands of banks failed.
  • Employers went bankrupt or, to avoid bankruptcy,
    laid off the majority of workers
  • In rural areas, farmers struggled as produce
    prices dropped more than 50

5
(No Transcript)
6
To make matters worse, a prolonged drought
afflicted the Great Plains
  • Region turned into a giant Dust Bowl
  • Result Agrarian unrest
  • Attacked those who tried to evict them
  • Conspired to keep their farms
  • Formed Farmers Holiday Association
  • Organized demonstrations

7
(No Transcript)
8
(No Transcript)
9
(No Transcript)
10
Hoover made 2 mistakes in addressing the problems
of the Great Depression
  • Encouraged passage of the Hawley-Smoot Tariff
  • Raised import duties of foreign goods to 40
  • Expulsion of the Bonus Expeditionary Force
  • World War I veterans lobbied for early payment of
    benefits for their service but bill was defeated
  • They refused to leave squatted in empty
    government offices
  • Hoover ordered the Army to expel them cavalry
    attacked them with tear gas

11
This ensured the loss of Hoovers re-election
the election of Franklin D. Roosevelt
  • Argued for a more interventionist government
  • Promised relief payments to unemployed
  • Inaugural address Declared war on the Depression
  • The only thing we have to fear is fear itself
    nameless, unreasoning, unjustified fear.
  • Implemented sweeping reform called the New Deal
  • Listen to 1933 speech
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