The Great Depression & New Deal

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Presentation transcript:

The Great Depression & New Deal The 1930s

Herbert Hoover Hoover’s background—He was orphaned at a young age, but became a self-made man as a mining engineer and businessman. Hoover’s election—After winning a landslide election, Herbert Hoover’s presidency was looking hopeful. [View 1] https://www.youtube.com/watch?v=-qVoI9FrFO4 [View 2] https://www.youtube.com/watch?v=KfeHWnaK7rY

Causes of the Great Depression Some suggestions… 1) Easy Credit 2) The Stock Market 3) Bad Economic Policies With Europe 4) Risky Investments

The “Great Crash” of 1929 [video on the stock market] https://www.youtube.com/watch?v=ejjNMnIo3Fg Black Tuesday—On October 29, 1929, the stock market plunged detrimentally, leading to $30 billion in losses. [modern example of private markets] https://www.kickstarter.com/projects/hellobragi/the-dash-wireless-smart-in-ear-headphones/description

The Dust Bowl The Dust Bowl—Not only did many American farmers lose their farms for not making mortgage payments, but they also suffered from a severe drought in the Midwest. [Video, M 3:57] https://www.youtube.com/watch?v=guTek7ipD4U

Hoover’s Policies Battling the Depression—President Hoover promoted a “rugged individualism” for America’s hope to get out of the Depression. The Hawley-Smoot Tariff Video— https://www.youtube.com/watch?v=uhiCFdWeQfA

Franklin D. Roosevelt Election of 1932—Franklin Delano Roosevelt’s campaign of proposing a “New Deal” by government intervention to an American populace that was deep in the Depression proved to be an irresistible promise for many. [Video] https://www.youtube.com/watch?v=qK42SUseTwM

The New Deal Roosevelt’s Three R’s: Relief, Recovery, and Reform Numerous Government Programs: FERA (Federal Emergency Relief Administration), the CCC (Civilian Conservation Corps), the PWA (Public Works Administration), the WPA (Works Progress Administration), and more. [Video, 3:15-8:10] https://www.youtube.com/watch?v=6bMq9Ek6jnA The New Deal’s Dilemma: [the good] more jobs were created [the bad] someone had the pay for these jobs (taxpayers) and government was now involved in more places than ever before

Perspectives on the New Deal [Pro-New Deal] https://www.youtube.com/watch?v=WvcWeNf9g6A [Anti-New Deal, stop at 5:23] https://www.youtube.com/watch?v=xWAgt_YCNuw

“To Kill a Mockingbird” Up to 40:05 min