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