Problems of Depression Mr. Doherty / Mrs. T
Appetizer: Listen to this song and jot down how it makes you feel….what is the mood? They used to tell me I was building a dream And so I followed the mob When there was earth to plow or guns to bear I was always there, right on the job They used to tell me I was building a dream With peace and glory ahead Why should I be standing in line Just waiting for bread? Once I built a railroad, I made it run Made it race against time Once I built a railroad, now it's done Brother, can you spare a dime? Once I built a tower up to the sun Brick and rivet and lime Once I built a tower, now it's done Brother, can you spare a dime? Once in khaki suits, gee, we looked swell They used to tell me I was building a dream And so I followed the mob When there was earth to plow or guns to bear I was always there, right on the job They used to tell me I was building a dream With peace and glory ahead Why should I be standing in line Just waiting for bread? Once I built a railroad, I made it run Made it race against time Once I built a railroad, now it's done Brother, can you spare a dime? Once I built a tower up to the sun Brick and rivet and lime Once I built a tower, now it's done Brother, can you spare a dime? Once in khaki suits, gee, we looked swell Full of that Yankee Doodly Dum Half a million boots went slogging through Hell And I was the kid with the drum Say, don't you remember? They called me 'Al' It was 'Al' all the time Why don't you remember? I'm your pal Say buddy, can you spare a dime? Once in khaki suits, ah, gee, we looked swell Full of that Yankee Doodly Dum Half a million boots went slogging through Hell And I was the kid with the drum Oh, say, don't you remember? They called me 'Al' It was 'Al' all the time Say, don't you remember? I'm your pal Buddy, can you spare a dime? Full of that Yankee Doodly Dum Half a million boots went slogging through Hell And I was the kid with the drum Say, don't you remember? They called me 'Al' It was 'Al' all the time Why don't you remember? I'm your pal Say buddy, can you spare a dime? Once in khaki suits, ah, gee, we looked swell Full of that Yankee Doodly Dum Half a million boots went slogging through Hell And I was the kid with the drum Oh, say, don't you remember? They called me 'Al' It was 'Al' all the time Say, don't you remember? I'm your pal Buddy, can you spare a dime?
Bank Failures Banks gave out loans to borrowers who could not repay. Banks gave out loans to borrowers who could not repay. Without $ from borrowers, banks could not provide $ to depositors (you the customer). Without $ from borrowers, banks could not provide $ to depositors (you the customer).
Biggest bank failure in the U.S. occurred in 2008…..anyone?.....anyone?
Unemployment Unemployment skyrocketed during Great Depression. Unemployment skyrocketed during Great Depression.
Unemployment Rates Great Depression 25 % 25 % 37 % Non-Farm Workers 37 % Non-Farm Workers % 10 % 20 % -Including part-time workers who seek full time. 20 % -Including part-time workers who seek full time.
Homelessness People lived in Shacks called Hoovervilles. People lived in Shacks called Hoovervilles. Named out of spite for President Hoover. Named out of spite for President Hoover. Seattle, Washington
Brooklyn, NY
Central Park, NYC
Mayors Office-Portland, Oregon
Hoover Blankets
Soup Kitchens
Turtle Soup Anyone???
Farmers Face Problems As if overproduction during the 20’s hadn’t hurt farmers enough…. During much of the 1930s, states from Texas to the Dakotas suffered a severe drought. During much of the 1930s, states from Texas to the Dakotas suffered a severe drought. Top soil was blown away by high winds. Top soil was blown away by high winds. This area of the Great Plains became known as the Dust Bowl This area of the Great Plains became known as the Dust Bowl
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