THE DEPRESSION AND FDR THE GREAT DEPRESSION.

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Presentation transcript:

THE DEPRESSION AND FDR THE GREAT DEPRESSION

THE GREAT DEPRESSION Stock market crash (1929)

BLUE CHIP STOCKS

THE GREAT DEPRESSION Structurally flawed economy Factors: Borrowing on credit—leads to bank failures Business failures Decline in certain industries Unemployment and layoffs Huge gap between rich and poor The Depression in human terms

Dawes Plan (1924) Cycle of payments to ease financial problems After the stock market crash of 1929, US banks stop loans to Germany and Dawes Plan collapses

THE GREAT DEPRESSION Hoover’s Response to the Great Depression

THE DEPRESSION AND FDR ROOSEVELT’S NEW DEAL

FDR and the New Deal

FDR and the New Deal

FDR and the New Deal The Hundred Days Reform of the banking system and the stock market Emergency Banking Relief Act Relief Recovery Reform

FDR and the New Deal The Hundred Days Relief --Public Works Administration (PWA)

FDR and the New Deal The Hundred Days Reform of agriculture and industry TVA

LIFE DURING THE DEPRESSION THE DEPRESSION AND FDR LIFE DURING THE DEPRESSION

Golden Age of Hollywood Escapism

THE DEPRESSION AND FDR EFFECTS OF THE NEW DEAL

FDR and the New Deal The Second New Deal Social Security (1935) Works Progress Administration (1935) WPA – Flood control, AR, 1939

FDR and the New Deal End of the New Deal & Second New Deal Problems by 1937 ”Roosevelt Recession”