Great Depression and New Deal Overview. Great Depression Time period from 1929-1941 of U.S. economic decline with high unemployment and poverty.

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Presentation transcript:

Great Depression and New Deal Overview

Great Depression Time period from of U.S. economic decline with high unemployment and poverty

Causes Short Term—Stock Market Crash (10/29/1929) Long Term—False Prosperity; economy not doing as well as people thought during the 1920s.

Impact of Depression High unemployment High poverty rates

Dust Bowl & Impacts Dust Bowl—result of a great drought in the plains during the early 30s. Impact—people leave area looking for other opportunities.

New Deal & Goals New Deal—Roosevelt’s program to revive the economy. Goals—Economic recovery, relief for needy, financial reform

Impact on Gov’t New Deal led to massive growth of federal government.