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T he Great
Depr ession
Great depression ppt presentation
Causes

 Buying on credit
 Government policies
   Not regulating stock market or businesses
 Weak international economy
   Other countries still recovering from WWI
 The Stock Market Crash
Stock Market Crash

 Buying On Margin
   Making down payments and borrowing the
    rest
 October 29, 1929 – Black Tuesday
   Rapid selling of stocks
     values drop $14 billion
Great depression ppt presentation
DEPRESSION SPREADS

 Millions of people lost their jobs.
 Banks recalled loans.
 People take money out of banks
 Banks can’t pay back money so they
  close
 People lose money in banks
THE DUST BOWL

 Drought and dust storms in the
  Midwest forced many farmers to
  leave their land and migrate west in
  search of jobs.
Great depression ppt presentation
Great depression ppt presentation
Great depression ppt presentation
Impact

 Unemployment – 25%
 Rural Life
   Farmers Suffer
      Dust Bowl – severe drought
      “Okies” – farmers who moved to California
 Less Leisure Activities
   Movies, sports, etc.
Hoover’s Response

 Policies to aid businesses
   Business recovers   jobs   people recover
 Reconstruction Finance Corporation
   Gave money to businesses
 Stopped payments of war debts
“ Hoovervilles”
The Bonus March

 20,000 jobless WWI veterans go to
  Washington DC and demand bonus for
  war
 Hoover sends in army
   Destroys popularity
Great depression ppt presentation
Franklin Delano
Roosevelt
  President 1932 – 1945
  The New Deal
      Plan to end Great Depression
      Relief
      Recovery
      Reform
      End of Laissez-faire
Relief
 1933 Bank Holiday to stop collapse
 Federal Emergency Relief Act (FERA)
   Relief to unemployed
 Public Works Administration (PWA)
   Built ports, schools, aircraft carriers
Relief

  Civilian Conservation Corps (CCC)
    Planted trees, built bridges, parks
  Works Progress Administration (WPA)
    Built hospitals, schools, parks, airports
  Tennessee Valley Authority (TVA)
    Built dams, cheap electric power
Recovery
 National Industrial Recovery Act
   NRA
   Regulated wages, prices, working conditions
 Agricultural Adjustment Act (AAA)
   Paid farmers not to grow certain crops
Reform
 Federal Deposit Insurance Corporation
   FDIC
   Insured savings accounts
 Securities Exchange Act (SEC)
   Regulated stock exchanges
 Social Security Act (SSA)
   Pensions for elderly, unemployed,
    handicapped
New Deal Effects

  Labor
      Roosevelt takes pro-labor approach
      Unions increase
  Native Americans
    Indian Reorganization Act
         Attempt to restore Native American culture
New Deal Effects

  African Americans
    Little benefit
  Latinos
    Many suffered – worked in agriculture
  Women
    Little help in workplace
Controversy

 Supreme Court finds many laws
  unconstitutional
   National Recovery Act
     Congress can’t regulate intrastate commerce
   Agricultural Adjustment Act
     Agriculture is a local matter not an interstate
      matter
Court-Packing Plan

  Supreme Court continued to veto
   legislation
  FDR asked congress to allow him to
   increase number of justices from 9 to 15
  Not allowed – separation of powers
Great depression ppt presentation
Political Opposition

  Business
    Claimed FDR and government had too much
     power
  Communists, Socialists gain support
New Deal Evaluation

  Does not end Great Depression
    WWII does
  Did help some people
  Gave more power to president and
   government
    More involvement in business and social life

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Great depression ppt presentation

  • 3. Causes  Buying on credit  Government policies  Not regulating stock market or businesses  Weak international economy  Other countries still recovering from WWI  The Stock Market Crash
  • 4. Stock Market Crash  Buying On Margin  Making down payments and borrowing the rest  October 29, 1929 – Black Tuesday  Rapid selling of stocks  values drop $14 billion
  • 6. DEPRESSION SPREADS  Millions of people lost their jobs.  Banks recalled loans.  People take money out of banks  Banks can’t pay back money so they close  People lose money in banks
  • 7. THE DUST BOWL  Drought and dust storms in the Midwest forced many farmers to leave their land and migrate west in search of jobs.
  • 11. Impact  Unemployment – 25%  Rural Life  Farmers Suffer  Dust Bowl – severe drought  “Okies” – farmers who moved to California  Less Leisure Activities  Movies, sports, etc.
  • 12. Hoover’s Response  Policies to aid businesses  Business recovers jobs people recover  Reconstruction Finance Corporation  Gave money to businesses  Stopped payments of war debts
  • 14. The Bonus March  20,000 jobless WWI veterans go to Washington DC and demand bonus for war  Hoover sends in army  Destroys popularity
  • 16. Franklin Delano Roosevelt  President 1932 – 1945  The New Deal  Plan to end Great Depression  Relief  Recovery  Reform  End of Laissez-faire
  • 17. Relief  1933 Bank Holiday to stop collapse  Federal Emergency Relief Act (FERA)  Relief to unemployed  Public Works Administration (PWA)  Built ports, schools, aircraft carriers
  • 18. Relief  Civilian Conservation Corps (CCC)  Planted trees, built bridges, parks  Works Progress Administration (WPA)  Built hospitals, schools, parks, airports  Tennessee Valley Authority (TVA)  Built dams, cheap electric power
  • 19. Recovery  National Industrial Recovery Act  NRA  Regulated wages, prices, working conditions  Agricultural Adjustment Act (AAA)  Paid farmers not to grow certain crops
  • 20. Reform  Federal Deposit Insurance Corporation  FDIC  Insured savings accounts  Securities Exchange Act (SEC)  Regulated stock exchanges  Social Security Act (SSA)  Pensions for elderly, unemployed, handicapped
  • 21. New Deal Effects  Labor  Roosevelt takes pro-labor approach  Unions increase  Native Americans  Indian Reorganization Act  Attempt to restore Native American culture
  • 22. New Deal Effects  African Americans  Little benefit  Latinos  Many suffered – worked in agriculture  Women  Little help in workplace
  • 23. Controversy  Supreme Court finds many laws unconstitutional  National Recovery Act  Congress can’t regulate intrastate commerce  Agricultural Adjustment Act  Agriculture is a local matter not an interstate matter
  • 24. Court-Packing Plan  Supreme Court continued to veto legislation  FDR asked congress to allow him to increase number of justices from 9 to 15  Not allowed – separation of powers
  • 26. Political Opposition  Business  Claimed FDR and government had too much power  Communists, Socialists gain support
  • 27. New Deal Evaluation  Does not end Great Depression  WWII does  Did help some people  Gave more power to president and government  More involvement in business and social life