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Chapter 28: The Roaring Twenties and the Great Depression

Discover the electrifying era of the Roaring Twenties, where modern life began with innovations like electricity and automobiles. Witness the rise of modern women breaking societal norms, prosperous times led by Henry Ford's assembly line, and the roaring Stock Market booms. However, the era took a dark turn with the onset of the Great Depression, marked by the devastating Stock Market crash that plunged the economy into chaos. Explore President Hoover's failed attempts to revive the economy and the subsequent introduction of Franklin D. Roosevelt's transformative New Deal initiatives. Delve into the impacts of the New Deal on various segments of society, from the poor and unemployed to workers, business owners, farmers, rural Americans, and government structure.

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Chapter 28: The Roaring Twenties and the Great Depression

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  1. Chapter 28: The Roaring Twenties and the Great Depression Pages 401 - 415

  2. 28.2 The Roaring Twenties Modern Life Begins: • Electricity brought vacuums and refrigerators • Automobiles allowed people to live in the suburbs and drive to the city for work Modern Women: • They worked and took office in politics • They cut their hair and their clothes short • They smoked, drank and did other things as men did Prosperous Times: • Henry Ford created the assembly line for cars • This made a market for other products • People could afford more products • Companies allowed people to buy products on credit (pay back later)

  3. The Stock Market Booms: • Individuals, stockbrokers and banks bought heavily in the stock market Fun Times: • People had money and they spent it all the time • They loved to go to clubs and drink • Alcohol making became illegal so people did it illegally The Dark Side of the 1920’s: • Ku Klux Klan started up and was even stronger • They set out to destroy anyone that was not white and Christian

  4. 28.3 Economy Sinks Into Depression The Stock Market Crash: • The stock market started losing it value • People panicked and started selling all their stocks • The value of stocks fell and fell • Everyone who was living well in stocks had lost all of their money The Depression Begins: • People lost everything so they committed suicide • Country lost 30 Billion Dollars • Banks did not have money that belong to people so they lost their savings • Businesses started to close and people lost their jobs

  5. Losing Jobs and Homes: • People were losing their homes and had to live on streets • People ate garbage and starved to death • Parents could not afford their children and put them in orphanages Hoover Tries to Respond: • Hoover started giving loans to banks and making jobs • The plan didn’t work • Americans wanted a new president

  6. 28.4 The New Deal • Franklin D. Roosevelt became president The First Hundred Days: • In this time Roosevelt did many things to help the country • 15 major bills and established programs with 3 goals (New Deal) Goal One • Relief for the Needy: • US gave money for food and assistance • Supplied new jobs • Social Security Act- gave money to elderly that could not work

  7. Goal Two: Economic Recovery • Set prices that were more affordable • Let workers join unions Agricultural Recovery: • US gave money to farmers to grow less crops • US started planting trees to help the soil in the South stay useful Goal Three: Banking Reform • Made it so that if you have money in a bank you can not lose it • Helped people put their money back into banks

  8. 28.5 Impact of the New Deal Impact on the Poor and Unemployed: • Gave them money and high spirits • Helped the elderly • Did not help discrimination of minorities Impact on Workers and Business: • Helped gain union rights • Let government regulate the stock market so it will not crash again

  9. Impact on Farmers and Rural Americans: • Farmers did not lose their farms but their workers lost their jobs because they were not needed • Electricity was brought to farms to make life easier Impact on Government: • The New Deal brought lots of government jobs • Made the Government like a father to its citizens

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