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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

slide2

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.
slide21

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
slide28
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 -
slide41

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
slide54

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
ad