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Understanding the Great Depression: Key Concepts and Historical Impact

This overview explores the Great Depression, highlighting critical elements such as laissez-faire economics, consumerism, and stock market speculation. Delve into the roles of federal policies, income distribution, and the aftermath of World War I. We’ll discuss significant events like the 1929 stock market crash and the emergence of Hoovervilles, along with the plight of the Oakies and their search for work during this challenging period. Join us in dissecting the complexities of economic challenges faced and the government’s role in combatting widespread despair.

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Understanding the Great Depression: Key Concepts and Historical Impact

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Presentation Transcript

  1. Great Depression Do you remember what we talked about?

  2. What do these terms have to do with the Great Depression?

  3. Laissez-Faire

  4. Consumerism Credit • Farm Prices Effects of WWI • Tariff Policies Income Distribution • Stock Market Speculation • Federal Reserve Policies

  5. Who is this? What is “Rugged Individualism?” What did he mean when he said, “prosperity is just around the corner?”

  6. Buying on Margin/Stock Market Crash/1929/Black ThursdayDepression/Recession

  7. Why did Joe Kennedy and Bernard Baruch do OK?

  8. What’s the ROLE OF GOVERNMENT?

  9. Bank Failures-Soup & Bread Lines-Hoovervilles-Bonus Army

  10. Dust Bowl/OakiesWhat book tells the story of the Oakies?

  11. $ problems/Riding the Rails/Looking for Work/Hobos

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