ss.912.a.5.11 examine causes, course, and consequences of the great depression and the new deal

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EOC Day 7 SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal.

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Page 1: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

EOC Day 7

SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal.

Page 2: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

Black Monday/Tuesday- The stock market

dropped 30 points or about 12% both days Crash caused by “speculation”

Buying on Margin-Using credit to invest in the stock market

Glass-Stegall Act 1932- separated commercial banks from investment banks

Stock Market Crash 1929

Page 3: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

By 1932, 5,761 banks had failed (22% of total)  Many banks invested in stocks before the crashThousands of businesses failed 20,000 in 1929; 30,000 in 1932 Unemployment reached 25% by 1932 (13 million people) excluding farmers. 

Effect

Page 4: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

Total wages dropped from $12 billion to $7

billion from 1929 to 1932. By 1932, 25% of farmers lost their farms  People experienced loss of self-worth  Many families broke up; marriage rate and

birth rate declined.   3 million people became homeless and lived

in makeshift shacks known as "Hoovervilles"

Effect

Page 5: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

President Hoover- Believed Europe was to blame Hawley-Smoot Tarrif- highest peacetime tarriff in

history-60% Volunteerism- urged businesses to avoid layoffs

or wage cuts Private charity not enough to save the poor

Bonus Army- 14,000 veterans lobbied for passage of a bonus bill Hoover insisted the government not pass the bill

Government Response

Page 6: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

Franklin D. Roosevelt- Won the election of

1932 New Deal- A set of government actions meant

to end the Great Depression-Relief, Recovery, Reform

Unprecedented passage of legislation called the “First Hundred Days”

Government Response

Page 7: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

Bank Holiday 1933- Banks were temporarily

closed to make sure they were sound and to close unsound banks

Civilian Conservation Corps- employed 2.75 young men in conservation jobs

Federal Emergency Relief Admin- 500 million dollars to states to help the poor

New Deal Reforms

Page 8: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

Agricultural Adjustment Act- paid farmers to

reduce their crop or livestock production Led to corruption

Tennessee Valley Authority-20 dams built in Tennessee to help provide employment

Home Owners Loan Corporation 1933- Refinanced mortgages on 1 million non-farm homes

New Deal Reforms

Page 9: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

National Recovery Admin- maximum work

hours, minimum wage, minimum prices Wagner Act- Reasserted the right of labor to

self organize Social Security Act-old-age pensions for retired

workers as well as poor mothers or handicapped

New Deal Reforms

Page 10: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

The American Liberty League-Group of

wealthy republicans and conservative democrats

Wanted to fight “socialist New Deal” Father Charles Coughlin- Radio host who

thought the deal was not strong enough

Critics

Page 11: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

Senator Huey Long- promised to make “every

man a king” and supplyed each family with 5,000 dollars at expense of the rich

Dr. Francis Townsend- provided senior citizens with 200 dollars a month, funded by a national sales tax

Supporters

Page 12: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

In late 1933, drought struck states in the Mississippi River area and the Great Plains (Texas, Arkansas, Oklahoma, Kansas, Missouri)In five years, 350,000 Oklahomans and Arkansans -- "Okies" and "Arkies" migrated to southern California.

Dust Bowl

Page 13: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal
Page 14: SS.912.A.5.11 Examine causes, course, and consequences of the Great Depression and the New Deal

Based on the cartoon, how did President

Roosevelt want to ease the Great Depression? A. by expanding the role of government in

citizens’ lives B. by expanding the authority of legislative

representatives C. by regulating the stock purchases by

individual investors D. by restricting the spending by government

on domestic projects