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From Prosperity to Panic

From Prosperity to Panic. The U.S. enters the Great Depression. The Roaring Twenties end in 1929. America enters the Great Depression. REVIEW: 1920s - Imminent Crash!. Growing income gap rich   poor Rural / urban divide Overspending (Credit) Risky investments.

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From Prosperity to Panic

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  1. From Prosperity to Panic The U.S. enters the Great Depression

  2. The Roaring Twenties end in 1929 America enters the Great Depression

  3. REVIEW: 1920s - Imminent Crash! • Growing income gap rich   poor • Rural / urban divide • Overspending (Credit) • Risky investments

  4. Today’s Note-Taking Focus • First, listen and fill in the missing numbers • Then, listen again and take notes on each main point. • NOTE: You will not see many words on today’s powerpoint. I will mainly show pictures. Listen for the main ideas.

  5. Listen and fill in the missing numbers.

  6. Listen and take notes on the main ideas under each statistic.

  7. Stock Market Crash!

  8. Banks Failed

  9. Unemployment

  10. Breadlines

  11. Hoovervilles

  12. Homeless Men Wandered

  13. Homeless Men Wandered

  14. Suicide Increased

  15. Farms were foreclosed & repossessed.(Farmers couldn’t pay their mortgages.)

  16. Dust Bowl

  17. “Black Blizzards”

  18. Migrants (“Okies”)

  19. Migrants (“Okies”)

  20. Review

  21. What happened in 1929 if your bank failed? • You had to wait to get your money back. • The government would pay you back. • You lost all of the money you had in the bank. • The insurance company would pay you back

  22. What is a mortgage? • A bank loan for land or a house. • A farm. • A migrant worker. • Another word for a “Hooverville.”

  23. Where was the “Dust Bowl”? • California • The South • The Southern Great Plains • The Midwest

  24. Who were “Okies?” • All people from Oklahoma • Women whose husbands left them • Homeless men who left cities to find work • Dispossessed farmers who moved west

  25. Who were “Okies?” • People from Oklahoma. • Women whose husbands left them • Homeless men who left cities to find work • Dispossessed farmers who moved west

  26. NEXT LECTURE: The government takes action!

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