Terms for March 16 & 18th 4 Major Causes of the Great Depression Reconstruction Finance Corporation (RFC) Hooverville Bonus Army “End Poverty in California” (EPIC) Townsend Plan Social Security Act of 1935 The New Deal The Second New Deal
Causes of the Great Depression 1.Stock market crash/lending crisis 2.Pre-1929 weaknesses in the US economy 3.Unequal distribution of wealth 4.Worldwide economic problems
From The Grapes of Wrath (Heritage Press, 1940) Collection of the Pace University Library
A Hooverville
Hooverville in Seattle, WA
Hooverville – Portland, OR
Hooverville – Circleville, OH
Sacramento, CA
Part of the Bonus Army’s Camp Summer 1932
Working for the CCC: forestry, flood control, soil erosion
Civilian Conservation Corps (CCC) Begun April 1933: 3 million single, unemployed men ages In 9 years accomplished: 89,000 miles of telephone line was installed 126,000 miles of roads and trails were constructed 6,459,000 man-days were expended fighting fires 6,660,000 erosion control check dams were built 2,356,000,000 trees were planted
Challenges from the Left: Upton Sinclair’s “EPIC” Plan
Challenges from the Left: Dr. Townsend