The Great Depression Standard 5.3. Prior to the Great Depression Many South Carolinians already living in poverty. Stock market crashes in 1929 and further.

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Presentation transcript:

The Great Depression Standard 5.3

Prior to the Great Depression Many South Carolinians already living in poverty. Stock market crashes in 1929 and further hurts the economy. This is, however, not the cause of the Great Depression.

Result of the Great Depression Textile mills close; people lose jobs. Many lose life savings due to banks closing. Many lose homes and farms. 25 % of South Carolinians were unemployed during the Great Depression.

A new president and a New Deal In 1933, Franklin D. Roosevelt was elected as president.

New Deal President Roosevelt wanted to help Americans He and Congress worked together to create jobs to help the unemployed. This was called the New Deal. This would also provide a boost to the economy.

CCC The Civilian Conservation Corps, or the CCC, was one of the programs put into place by the New Deal This provided employment to young men by hiring them to do outdoor projects. They planted crops, built state parks, built roads, bridges, and dams. The CCC was racially segregated as well. Whites were given priority over blacks to be hired.

New Deal Programs These programs were geared to not only provide employment, but to relieve pressure on the economy. When workers got paid, they spent their money in stores, which helped store owners. Grocers and store keepers would buy more goods, so this helped the people that made the goods. The New Deal did not end the Great Depression.