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Chapter 23. I can understand how the Great Depression affected the American People and changed the role of government. The Great Depression and the New Deal. Bullet Points p. 795. Read pgs. 770 - 775. Ch 23, Sec 1 Hoover and the Crash.

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Chapter 23

Chapter 23

I can understand how the Great Depression affected the American People and changed the role of government

The Great Depression and the New Deal


Bullet Points p. 795

Read pgs. 770 - 775


Ch 23 sec 1 hoover and the crash
Ch 23, Sec 1Hoover and the Crash

  • I can understand how the economy collapsed after the stock market crash


Remember
Remember??

  • Mining, RR’s, clothing, agriculture all declining

    BUT

  • Stock prices rising

  • Buying on credit and margin


Watch out
Watch Out

  • This works as long as you can sell your stock and still pay the margin.

  • That means stock prices HAVE TO rise

  • Oct. 23, 1929, stock prices fell

  • Market crashed completely, Oct. 29, 1929 – BLACK TUESDAY


Causes of depression
CAUSES OF DEPRESSION

  • Stock market crash – investors lost $

  • Overproduction

  • Farms go bankrupt, can’t pay loans

  • Banks fail – depositors lose $

  • Business close

  • Foreign countries can’t pay debt


Human cost
Human Cost

  • Unemployment 1929-1933, 3% to 25% (25 mil)

  • City people hit hard

  • Salaries cut

  • Poverty

  • People lost homes


Hoover
Hoover

  • Thought all would work out

  • Urged local gov’t, business and charities to help

  • Finally – The Reconstruction Finance Corporation

  • Didn’t work


Hoover1
Hoover

  • Didn’t work.

  • Hoovervilles

  • June 1932 Bonus march on Washington D.C.


Read pgs. 776 - 781

Bullet Points p. 795


Ch 23 sec 2 roosevelt and the new deal
Ch 23 Sec 2Roosevelt and the New Deal

  • I can understand how Franklin Roosevelt responded to the Great Depression


F d r
F.D.R.

  • Elected President Nov. 1932, took office in 1933

  • Created the New Deal

  • Became a popular President


F d r1
F.D.R.

  • Said in inaugural speech, March 4, 1933

    “THE ONLY THING WE HAVE TO FEAR IS FEAR ITSELF”


F d r2
F.D.R.

  • Closed banks for 4 days

  • Got Congress to pass the Emergency Banking Relief Act on March 9, 1933

  • Talked on Radio, Fireside chats


F d r3
F.D.R.

GOALS

  • Relief for jobless

  • Economic recovery

  • Reforms to prevent repeats


JOBS

GOVERNMENT AGENCIES

  • F.E.R.A. – Financial help for unemployed

  • C.C.C. – hired jobless men for conservation projects

  • W.P.A. – Hired people to build government projects


Economic recovery
Economic Recovery

  • N.R.A. – Stabilize prices, increase employment

  • P.W.A. – hired people for government projects

  • T.V.A. – build dams


Reforms
REFORMS

  • F.D.I.C.

  • Companies must report honestly about stock

  • Federal agencies to enforce rules


Obstacles
Obstacles

  • Supreme Court – Ruled some reforms unconstitutional

    SOLUTION

  • Roosevelt tried to increase court members and appoint people who agreed with him


Outcome
Outcome

  • Congress said NO!

    ?? – Does the Constitution say how many members on Court

  • NO!! But Congress disagreed

  • What does this say about FDR?


Outcome1
Outcome

  • Roosevelt eventually appointed 8 members during his 4 terms


Critics
Critics

  • Huey Long – Democrat Louisiana

    - Take from the rich and give to the poor


Critics1
Critics

  • Francis Townsend – Gov’t pensions. Every retired person gets $200 per month

  • - Did not pass but led to Social Security


Critics2
Critics

  • Fr. Charles Coughlin – Gov’t should take over banks


What do you think
What do you think?

  • Long –

  • Townsend -

  • Coughlin -


Bullet Points p. 795

Read pgs. 782 - 787


Ch 23 sec 3 life in the great depression
Ch 23 Sec 3Life in the Great Depression

  • I can understand how the Great Depression affected daily life


Life during depression women
Life during Depression - Women

  • Women – Secretaries, Teachers. What problems could they face?


An active first lady
An active First Lady

  • Who is the First Lady?

  • Eleanor Roosevelt transformed job

  • Became an activist

    -Eyes and ears of President

    - Speeches on radio, wrote newspaper articles

    - Championed women’s rights


African americans
African Americans

  • Cotton prices down

  • African Americans lost jobs

  • Moved to cities in south

  • Whites held jobs

  • 50% unemployment


The great migration continued
The Great Migration - Continued

  • Blacks moved North

  • Blacks found few jobs


F d r mixed record
F.D.R. – Mixed record

  • African Americans supported F.D.R.

  • Appointed 100 African Americans to gov’t jobs

  • Unofficial black cabinet – Advised F.D.R. on African American issues


F d r mixed record1
F.D.R. Mixed Record

  • Did not support Federal Anti-Lynching law – WHY?

    - Afraid of losing white Southern Senators vote on New Deal programs

  • Did little to support minority rights including Mexicans (now being deported)


Symbolism
Symbolism

  • African American singer, Marian Anderson denied opportunity to sing at D.A.R. Hall – 1939

  • Eleanor Roosevelt quit D.A.R.

  • Arranged performance At Lincoln Memorial – Easter – 75,00 attended


The dust bowl
The Dust Bowl

  • Drought 1930-1935



Arts and literature
Arts and Literature

  • Steinbeck’s – The Grapes of wrath

  • Mickey Mouse

  • Shirley Temple

  • Soap Operas


Bullet Points p. 795

Read pgs. 790 - 793


Ch 23 sec 4 legacy
Ch 23, Sec 4Legacy

  • I understand the long term effects of the New Deal


Legacy
Legacy

  • Social Security

    Payroll deductions

  • ADC

  • Financial help to unemployed


Legacy1
Legacy

  • Labor –

    Right to organize without being fired

    Collective bargaining

    Minimum wage – Maximum hours

    Restricted child labor


Legacy2
Legacy

POSITIVE

NEGATIVE

Deficit spending

Expanded role of Gov’t.

Threatened individual freedom and business

  • Created jobs

  • Ended bank crisis

  • Reformed stock market

  • Improved working condition

  • Democracy NOT dictatorship


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