Effects of the Great Depression The Human Effect.

Slides:



Advertisements
Similar presentations
Election of 1932 Hoover v. FDR.
Advertisements

Surviving the Great Depression and The Election of 1932
 Prices for stocks were over inflated to a companies actual earnings  Thursday October 24 worried investors sold stock at any price to get out of the.
 Farmers in trouble  Industries in trouble- RR, steel, textiles  Credit- People buying in credit and installment plans  Buying on the Margin  Lead.
The Great Depression.  Herbert Hoover ◦ Republican ◦ Foreign policy experience ◦ Used the Radio well  Albert Smith ◦ Democrat, NY Governor  Landslide.
Surviving the Great Depression and The Election of 1932
Social Effects of the Depression Mr. Dodson. Social Effects of the Depression  How did poverty spread during the Great Depression?  What social problems.
The Great Depression Ch 15. The Crash Until mid-September, 1929, market prices rose beyond real value of stocks. Prices began _______________________.
Great Depression Economic disaster that hit the United States following the stock market crash of 1929 It involved widespread business failure.
Crash and Depression Chapter 22.
We are closer to the end of poverty than at any point in our history.
The Great Stock Market Crash October 29, 1929 “Black Tuesday” $16.4 million shares of stock sold (average day = $4 to $8 million) By November 1929 Dow.
“We are closer to the end of poverty than at any point in our history”
The GREAT Depression 21.1 Presidents of the Roaring 20’s watch the country grow increasingly prosperous! “A chicken in every pot!” (Herbert Hoover 1928)
ECONOMY IN THE LATE 1920S Stock market increased value Unemployment below 4% “Everybody ought to be rich” John Raskob invest Chapter 16 Crash and Depression.
CRASH AND DEPRESSION. THE GREAT CRASH September 1929 – the Dow Jones Industrial Average reached an all time high Black Tuesday (October 29,
Great Depression. The Good – in the 1920s Economic indicators were up –Employment was high –Wages were growing steadily –Credit was cheap –Profits were.
Republican candidate Herbert Hoover “A chicken in every pot and a car in every garage” Democrat candidate Alfred E. Smith Outcome: - Hoover wins  Times.
The Great Depression: The Herbert Hoover Years
Government’s response to the Great Depression. 31 st President of the United States is Herbert C. Hoover. Elected in 1928 Republican Former Secretary of.
The Great Depression The Great Depression Black Tuesday & the Great Crash bull market – rising stock prices (way too fast)  plummeted to bear market.
PRESIDENT HERBERT HOOVER SIGNS OF THE DEPRESSION: 1. INCREASING UNEMPLOYMENT 2. FARMERS LOST THEIR LAND. 3. STOCK PRICES DECLINED.
 Political and economic causes of the Great Depression in the Americas.
Causes of the Great Depression  Overproduction & Underconsumption  Overexpansion of credit  Uneven distribution of income  Speculation in stock market.
THE 1930s The Desperate Years. Causes of the Great Depression -distribution of income -stock market speculation -international trade barriers -mechanization.
22:1 Nation’s Sick Economy Bell Ringer: 680. Problems with the economy Wealth gap Struggling industries Farmers debt.
The Great Depression. 20’s Keep Roaring Americans make more than ever –1922 National Income= $61 Bill. –1929 National Income= $87 Over 23 million cars.
April 22 st, 2009  Happy Earth Day!  Do Now: hw & notes out  HW: New Deal Packet  Quiz.
What were the causes and consequences of the Wall Street Crash? A very brief set of notes…
Impact of Depression on US Hardship and suffering was widespread In and out of most cities, shantytowns were created Soup kitchens and breadines were created.
The Great Depression CAUSES. Warning Signs in the 1920’s 1.Major industries (steel, textiles, railroads) losing money 2.Less consumer demand for “Boom.
Review 1930’s.
A world in depression. Economic contraction Economic decline marked by a falling output of goods services Depression: particularly long and severe contraction.
The Great Depression The period of time from in which the economy faltered and unemployment soared.
Great Depression Pres. Hoover’s response. Pres. Hoover Oct. 25 (day after Black Thursday)- Hoover stated that: Oct. 25 (day after Black Thursday)- Hoover.
The Great Depression.
Hoover vs. The Depression Ch. 15, Section 4. Hoover’s Strategy Confidence is the key! –If people believe in the economy, they will spend more.
The Great Depression Production fell, unemployment rose, and the economy went into a period of dramatic decline.
{ CHAPTER FOURTEEN: THE GREAT DEPRESSION One of many solutions… One of many solutions…
The Great Depression Chapter 22 Dorothea Lange’s “Migrant Mother”
22.4 Election of Hoover’s Limited Strategy Herbert Hoover was known as the “great engineer.”-mine engineer. Herbert Hoover was known as the “great.
Great Depression (1929 – 1941). Causes  Unequal distribution of wealth  High tariffs and war debts  Farm crisis – low demand, low prices  Overproduction.
American History Chapter 15: Crash and Depression IV. The Election of 1932.
Ch.14. Section 1  Key industries were barely making profits  Railroads, textile, steel, housing starts declined  Farmers Need a Lift  Demand and.
Effects of the Great Depression. A Run on the Banks  6000 Banks Close by 1933  Wiping out 9 Million individual savings accounts  No Social Security.
Daily Check for Understanding Monday: What do you know about the Great Depression?
United States History Chapter 15 Crash and Depression ( )
+ Election of 1932 Hoover v. FDR. + Despair and Protest By 1932, millions of unemployed workers and impoverished farmers were in a state bordering on.
The Great Depression Hoover’s policies.
The Great Depression 1929? How was life in the 1920s?
1 st Things 1 st ! Please take out your homework and have it ready to turn in. – Homework was: Challenges of 1920’s Chart.
The Election of 1932 Voluntary Action Fails Hoover believed that voluntary action by U.S. businesses was the best way to end the economic crisis. – Business.
Political Response to Great Depression From Hoover’s inaction to Roosevelt’s New Deal.
The Great Depression and the New Deal
The Great Depression SS5H5. a. Discuss the Stock Market Crash of 1929, Herbert Hoover, Franklin Roosevelt, the Dust Bowl, and soup kitchens. The Stock.
THE GREAT DEPRESSION Economic Causes.
The Great Depression.
African Americans Already treated as second-class citizens
Life During the Depression
THE GREAT DEPRESSION Economic Causes.
The New Deal Success or Failure?
Social Impacts of Great Depression
Chapter 25 APUSH Mrs. Price
Chapter 23 Section 1 Hoover and the Crash The Great Depression.
Unit 5 Section 11 The Great Depression.
Election of 1932 Hoover v. FDR.
The Road to the Depression
Crash and Depression Learning Unit Mrs. Deming
Hoover’s Response Fails
Crash and Depression Chapter 12.
Presentation transcript:

Effects of the Great Depression The Human Effect

City Laborers Many lost jobs Became homeless Lived in Poverty “Hoovervilles”

Sit-Down Strikes

Unemployment

Farmers Couldn’t afford farms Dust Bowl Forced to migrate elsewhere

Dust Bowl

Farm Industry Declines

Women First to lose their jobs Couldn’t find work Left to fend for the family

Women/Families

Children Horrid health conditions Lack of food Could not go to school Couldn’t be supported by parents

Children’s Soup Line

Children

Men Psychologically damaged; felt like failures Abandoned families

Men

Bank Failure

Racial Minorities Discrimination increased Work harder to find Hispanics and Asian Americans deported Lynchings increase in South

Great Depression Statistics National Income  1929: $81 Billion  1932: $41 Billion Business Failures  : 85,000 Bank Failures  : 9,000 failures & 9,000,000 accounts wiped out Per Capita Income  1929: $ : $495

What would you do to cure the Great Depression?

Americans Pull Together Farmers Stick Together  Penny Auctions Young People  Ride the Rails Political Solutions  Communism  Socialism

Signs of Change Prohibition Repealed (1933)  21st Amendment  Failed social experiment The Empire State Building (1930)  $41 million costs (half)  Symbol of hope

Herbert Hoover

Hoover’s Limited Strategy Confidence is Key Voluntary Action  Asked wages stay up  Volunteering Fails Government Acts  Agricultural Marketing Act Fails to fix prices  Hoover Dam

Hoover’s Limited Strategy Government Acts  Hawley-Smoot Tariff Highest import tax in history Fails!!  Reconstruction Finance Corporation Gov’t credit to businesses

Hoover’s Unpopularity State and Local governments should handle relief Appeared Cold hearted Bonus Army  20,000 WWI vets march on Washington  Wanted pension bonus early  Used force to drive marchers out of Wash.

Election of 1932 Republican  Herbert Hoover Democrat  Franklin D. Roosevelt NY Governor  Promised a “New Deal” for America Results  FDR Wins  “The only thing we have to fear is fear itself.”