The Great Depression and the 1930s. Stock Market Crash (Oct. 29, 1929)

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Presentation transcript:

The Great Depression and the 1930s

Stock Market Crash (Oct. 29, 1929)

Problems with the Economy Stock Market fell 80% Industrial output fell to 50% Unemployment at 25% National income fell more than 50% Agricultural income fell more than 50% – And this from an already depressed state

Hoover’s Policies Reconstruction Finance Corporation Agricultural Marketing Act

THE NEW DEAL

Franklin Delano Roosevelt

3Rs Relief, Recovery, Reform – Relief/Recovery – Recovery/Reform Trial-and-error/Pragmatism “Priming the Pump” Work Fare

THE DUST BOWL

The Dust Bowl ( )

Dust Bowl Migration

Okie Migration

BAKERSFIELD SOUND

Merle Haggard

Buck Owens

Dwight Yoakum