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This overview delves into the key aspects of the Great Depression, exploring its four major causes, including the stock market crash and the unequal distribution of wealth. We examine the responses from the government, such as the establishment of the Reconstruction Finance Corporation (RFC) and the implementation of The New Deal and The Second New Deal, which introduced crucial policies like the Social Security Act of 1935. Additionally, we discuss the challenges posed by grassroots movements like the Bonus Army and Upton Sinclair's "End Poverty in California" (EPIC), as well as the impact of the Civilian Conservation Corps (CCC).
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Terms for March 16 & 18th • 4 Major Causes of the Great Depression • Reconstruction Finance Corporation (RFC) • Hooverville • Bonus Army • “End Poverty in California” (EPIC) • Townsend Plan • Social Security Act of 1935 • The New Deal • The Second New Deal
Causes of the Great Depression • Stock market crash/lending crisis • Pre-1929 weaknesses in the US economy • Unequal distribution of wealth • Worldwide economic problems
From The Grapes of Wrath (Heritage Press, 1940)Collection of the Pace University Library
Civilian Conservation Corps (CCC) Begun April 1933: 3 million single, unemployed men ages 18-24. In 9 years accomplished: • 89,000 miles of telephone line was installed • 126,000 miles of roads and trails were constructed • 6,459,000 man-days were expended fighting fires • 6,660,000 erosion control check dams were built • 2,356,000,000 trees were planted