The Great Depression.

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Presentation transcript:

The Great Depression

Changes in the United States

Changes in the United States Social: Family income dropped 40% Agricultural prices dropped Farmers were greatly affected; they lost their jobs and became homeless

Changes in the United States Social: 6,000 shantytowns (Hoovervilles) ("The Great Depression and the New Deal," Stanford University. "Shanty Town Facts," American Historama.) By 1933 unemployment was 24.9%, about 15 million were unemployed

Changes in the United States Economy: The first few years the economy shrank 50% 650 banks failed in 1929 They shut down banks because of the chaos Stock market value decreased

Changes in the United States Economy: Economy gradually grew Shrank 3.3% when The New Deal spending was cut back People who did or didn’t invest were left with no money Banks invested money from people so they lost their money (“Effects of the Great Depression,” Kimberly Amadeo)

Changes in the United States Politically: Herbert Hoover and his capitalist ideas failed The New Deal created by Franklin D. Roosevelt almost ended the Depression

Changes in the United States Politically: The economy grew because of some of the New Deal programs Unemployment decreased Hawley-Smoot Tariff, world trade went down 65 percent (Kimberly Amadeo “Effects of The Great Depression”)

The New Deal in the Great Depression

FDR’s New Deal Franklin D. Roosevelt’s “New Deal” consisted of programs to help people and the whole nation reform, relief, and recover from the depression Addressed all the issues in the U.S.

FDR’s New Deal First addressed unemployment Works Progress Administration (WPA) Civilian Conservation Corps. (CCC) These programs helped give temporary jobs and short-term aid

FDR’s New Deal Next Roosevelt wanted to revive industrial activity National Recovery Administration (NRA) Wagner Act Helped regulate wages, child labor, and collective bargaining

FDR’s New Deal Franklin Roosevelt wanted to make sure the stock market wouldn’t crash again Federal Deposit Insurance Corporation (FDIC) Securities and Exchange Commission (SEC) Insurance for bank members and protected investments

New Deal Used Today

New Deals Today There are three New Deals still used today... Federal Deposit and Insurance Corporation (FDIC) Securities and Exchange Commision (SEC) Social Security

FDIC Controls personal finances Provides financial insurance to banks and leading institutions to encourage to set up bank accounts and make deposits Protects bank accounts by up to $100,000

FDIC Financial Insurance Allows banks to loan and lend money with assurance Movement of money throughout economy

SEC Protects investors Helps with economic stability for long-term Creates transparency in the federal government system Requires disclosure of specific information by public companies to help Investors Brokers Determine to make investments in a certain company

Social Security Social Security taxes go into special funds Head of family died or retires, payments are made from funds Replaces the earnings the family lost Protection Tracks people down

Social Security Disability Benefits: Survivors Benefits: If disabled, monthly payments are paid to them and their families Survivors Benefits: Widows age 62 and older and children under 18 get lump sum death payment

Works Cited Amadeo, Kimberly. "Effects of the Great Depression." The Balance. N.p., 09 Mar. 2017. Web. 31 Mar. 2017. "New Deal." Encyclopaedia Britannica. Ed. Encyclopaedia Britannica. N.p., 4 May 1999. Web. 7 Apr. 2017. "The New Deal, Then and Now." The Gilder Lehrman Institute of American History. N.p., 14 July 2012. Web. 10 Apr. 2017. <https://www.gilderlehrman.org/history-by-era/new-deal/essays/new-deal-then-and-now>.

Continued Susan Sward - Special to The Bee. "New Deal: An example for today?" The Sacramento Bee | Sacbee.com. N.p., n.d. Web. 10 Apr. 2017. <http://www.sacbee.com/opinion/california-forum/article2596872.html>. "What New Deal programs are still in effect today?" Reference. N.p., n.d. Web. 10 Apr. 2017. <https://www.reference.com/government-politics/new-deal-programs-still-effect-today-b8b63d0222d38633>. "New Deal Today." Living New Deal. N.p., n.d. Web. 10 Apr. 2017.