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The Great Depression

The Great Depression. Mr. Lemieux February 2, 2005. “Just Do It”.

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The Great Depression

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  1. The Great Depression Mr. Lemieux February 2, 2005

  2. “Just Do It” “We still pray to be given each day our daily bread. Yet there is too much bread, too much wheat and corn, meat and oil and almost every commodity required by man for his subsistence and material happiness. We are not able to purchase the abundance that modern methods of agriculture, mining and manufacture make available in such bountiful quantities. Why is mankind being asked to go hungry and cold and poverty stricken in the midst of plenty” --Current History (1932)

  3. SWBAT • Identify the causes of the Great Depression • Calculate the consequences of “buying on the margin” and identify other unsafe financial practices leading up to the stock market crash of 1929. • Identify the impact of the Great Depression upon the average citizen of the United States. • Examine Primary sources for human toll • Examine the role of First Lady Eleanor Roosevelt

  4. The Big Picture: Part I What where the major factors contributing to the Great Depression??

  5. 3 Big Causes • Over speculation • Bank Failure • High Protective Tariffs Impact

  6. “Buying On the Margin” and Other Speculative Activities in the Stock Market

  7. American Can 181 American Telephone and Telegraph 335 General Electric 396 General Motors 181 United States Steel 279 Radio Corporation of America 505 Stock Market Prices September 3, 1929

  8. Stock Prices November 13, 1929 American Can 86 American Telephone and Telegraph 197 General Electric 168 General Motors 36 United States Steel 150 Radio Corporation of America 28 back

  9. The Big Picture Part II How Did the Depression affect the lives of Americans??

  10. Unemployment soared 10 25% or 13 Million workers 81,000 Business closures GNP fell from $104 Billion to $59 Billion 5,500 Banks closed Criminals outnumber carpenters 4-1 and doctors 20-1 Farm prices fell 60% lower Great “Depressing” Facts From 1929-1932

  11. Experiencing the Depression • Hooverville • “Brother can you spare a dime”

  12. Eleanor Roosevelt • Most Active First Lady • Worked hard to help ease the Burden of the Depression

  13. “Maybe you could help”Letters to Eleanor Roosevelt “ I want you to write to me. I want you to tell me about the particular problems which puzzle or sadden you…” --Eleanor Roosevelt

  14. Causes of the Great Depression Over speculation Bank Failure High Protective Tariffs Impact of the Great Depression Unemployment Financial collapse Political unrest Farm foreclosures Taking it with you

  15. Writing for Understanding • Write a letter to Eleanor Roosevelt from the perspective of an American Citizen during the Depression. What are the hardships facing your family, what do you ask her for? Remember she is the first lady.

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