Franklin D. Roosevelt and the New Deal. Redefined Democracy: Political Rights Economic Security Social Justice. Essential Question : What were the causes of the Great Depression? Warm-Up Question :
Political Rights EconomicSecurity Social Justice
President Calvin Coolidge 1924-1928
When commercial flights began, all flight attendants were female and white.
(for top earners)
But. . . .
We in America today are nearer to the final triumph over poverty than ever before in the history of any land. The poorhouse is vanishing from among us.
-- Herbert Hoover, 1928
Uneven division of wealth
Over-extension of credit
International economic situation
3 strikes against the banks
Too much inventory…Not enough buyers
Corporate Profits for Coal and Railroad Industries, 1920-1930
Profits for Railroad Companies
Profits for Coal Mining
* An income of $2,500 per year was considered the minimum
amount needed for a decent standard of living
The stock market crash in October 1929 marked the beginning of the “Great Depression”
“Wall Street Lays An Egg”-Daily Variety (Oct. 30, 1929)
The U.S. stock market had only about 3 million active buyers & sellers but the spillover into the greater economy led to the Great Depression
total value of all goods and services
produced in a given year
Areas Affected by the Dust Bowl drought
“Okies” & “Arkies”
Depression in Art
by Grant Wood
“I do not believe that the power and
duty of the General Government
ought to be extended to the relief of
individual suffering.... The lesson
should be constantly enforced that
though the people support the
Government the Government
should not support the people.”
-- Herbert Hoover, 1930
Who should relieve the suffering?
Community / Church resources
Salvation Army, Community Chest, Red Cross
What did Hoover do?