T WO R ESPONSES TO THE D EPRESSION How did the federal government respond to the economic collapse that began in 1929?

Slides:



Advertisements
Similar presentations
HOOVER vs. FDR.
Advertisements

Hoover’s response to the depression
Herbert Hoover. Election of 1928 Hoover Mining engineer from Iowa who had never run for public office Quiet and reserved Smith Career Politician who had.
Hoover, FDR, and the Great Depression
Hoover Struggles with the Depression
Hoover’s Failure with the Depression Essential Questions: 1.)What was Hoover’s initial response to the Great Depression?
Hoover’s Handling of the Hardship How does Hoover’s policies worsen the depression?
Hoover’s Handling of the Hardship How does Hoover’s policies increase the depression?
Great Depression  Chapter 22  Section 3. Hoover’s Philosophy  Was an engineer & put faith in reason  Hoover felt the government could play a limited.
Ch 14 Sec 3- Hoover Struggles with the Depression
President Herbert Hoover
OBJECTIVES: 1. Explain Hoover’s initial response to the Depression 2. Describe some of the measures Hoover took to help the economy and ease people’s suffering.
NOTES 2: TRYING TO SAVE A NATION- HOOVER FACES THE DEPRESSION March 2013 Modern US History Unit 2: The Great Depression.
 Farmers in trouble  Industries in trouble- RR, steel, textiles  Credit- People buying in credit and installment plans  Buying on the Margin  Lead.
President Hoover’s Response to the Depression
HOOVER vs. FDR.
Hoover Struggles with the Depression Chapter 22 Section 3.
Hoover Struggles with the Depression
Chapter 25 Section 1 The Cold War Begins Section 3 Hoover’s Response Fails Discuss how Hoover’s initial conservative response to the depression failed.
9/21 QOD: Based on our current economic situation, do you feel the government should help Americans deal with the problems of the current economy? Explain.
THE GREAT DEPRESSION BEGINS Photos by photographer Dorothea Lange Objective: Analyze the steps Hoover took to slow the Depression.
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.
President Hoover & the Great Depression. Warm-up Look back at your timeline. When was President Hoover elected? What major events happened during his.
THE GREAT DEPRESSION BEGINS
Chapter 12 Section 5 Mr. Smith.  Individuals were responsible to get out of or stay out of Depression by self monitoring  Laissez-faire economics required.
Hoover Takes Action… “Any lack of confidence in the economic future… is foolish.”
H ERBERT H OOVER. President from He had was an orphan at an early age and his life was a rags- to-riches story After the stock market crash.
Hoover Self Notes. Hoover Tries to Reassure Hoover and his experts believed the best thing to do in a slump, was nothing Govt’s role was to facilitate.
Ch. 22 Section 3.  Government’s chief function was to foster cooperation between groups of society  Voluntary cooperation  Gov’t role to facilitate.
Hoover and the Depression. Hoover’s philosophy Gov’t should encourage cooperation –But not demand or force it People should rely on themselves –Not the.
Hoover and the Depression Chapter 22 Section 3 Notes.
Response to the Economic Collapse. At this time, nearly one in four Americans was unemployed. More than 13 million Americans had lost their jobs since.
Hoover’s Handling of the Hardship Laissez-Faire in a time of crisis = problems!
U.S. History 20 November 2015 Warm-up Boulder Dam Federal Home Loan Bank Act Reconstruction Finance Corporation Bonus Army.
Do Now: Infographic page 723. SECTION 3: HOOVER’s Response Fails Herbert Hoover After the stock market crash, President Hoover tried to reassure Americans.
Hoover and The Depression ► Shantytowns ► Bread lines ► Dust Bowl ► Bonus Army.
President Herbert Hoover. The Election of 1928 Prohibition Hoover: Dry Smith: Wet Religion Smear campaign against Smith who believed the Catholic Church.
Hoover’s Reaction. Election of 1928 Hoover wins Hoover is confident it is a time of prosperity.
The Great Depression Chapter 22 Dorothea Lange’s “Migrant Mother”
Hoover Struggles with the Depression (Ch. 14, Sec. 3)
It’s almost Thanksgiving. Thus, what are you thankful for? Be sincere. What will we learn today? What will we learn today? Steps taken by President.
Hoover Struggles with the Great Depression. Hoover’s Philosophies Depression were a natural part of the business cycle Laissez-faire (government should.
Hoover as President Unit 3 Section 1 Part 2. A. Herbert Hoover’s Philosophy Stock Market crashed 1 year into Hoover’s presidency Stock Market crashed.
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.
Standard Addressed: 11.6 Students analyze the different explanations for the Great Depression and how the New Deal fundamentally changed the role of the.
Hoover’s Handling of the Hardship
President Herbert Hoover
Learning Objectives: Section 3 – Hoover Struggles with the Depression
Unit 6 - Hardship and Suffering during the Depression
President Herbert Hoover
Prosperity, Depression, & The New Deal
Standard Addressed: 11.6 Students analyze the different explanations for the Great Depression and how the New Deal fundamentally changed the role of the.
Two Responses to the Depression
Hoover Struggles with the Depression
Chapter 14 Section 3 Notes What does the U.S. Government do? Not much
President Hoover’s Reaction to Great Depression
Hoover Struggles with the Depression
1932 Election: Hoover // Roosevelt
Hoover (fails to) Deal(s) with Depression
Hoover v. FDR Differences in Policy.
Bell Ringer What should the government do for unemployed adults?
Hoover Struggles with the Depression:
Examine the projected photograph, and imagine that you are a government official who must respond to the pleas of these children. What will you tell them.
Chapter 14 Section 3 Notes What does the U.S. Government do? Not much
President Herbert Hoover
Hoover Struggles with the Depression
Hoover & the Depression
Hoover’s Failed Policies
Hoover’s failed Policies
Presentation transcript:

T WO R ESPONSES TO THE D EPRESSION How did the federal government respond to the economic collapse that began in 1929?

DO NOW DO NOW Examine the projected photograph, and imagine that you are a government official who must respond to the pleas of these children. What will you tell them can be done to help them and their families? Determine which response below do you agree with most. Response A: America won’t let you down, kids. If your parents work really hard, they will eventually find jobs to support you and your family. In this country, hard work and perseverance always pay off. Maybe for right now, though, your church or a charity near your home can help your family. Personal responsibility and local organizations are the answers to your problems. Response B: I feel truly horrible about your situation. You must be very hungry. But help is on the way. Soon the government will start programs to provide jobs for your parents. The government will make sure you are fed, too. The president and Congress will help you. More government programs is the answer to your problems. Response C: Wealthy Americans must stop being so greedy! The government needs to tax the wealthy heavily and give some of that money to those who live in poverty. Redistributing or sharing the wealth is the answer to your problems.

Response A: America won’t let you down, kids. If your parents work really hard, they will eventually find jobs to support you and your family. In this country, hard work and perseverance always pay off. Maybe for right now, though, your church or a charity near your home can help your family. Personal responsibility and local organizations are the answers to your problems. Response B: I feel truly horrible about your situation. You must be very hungry. But help is on the way. Soon the government will start programs to provide jobs for your parents. The government will make sure you are fed, too. The president and Congress will help you. More government programs is the answer to your problems. Response C: Wealthy Americans must stop being so greedy! The government needs to tax the wealthy heavily and give some of that money to those who live in poverty. Redistributing or sharing the wealth is the answer to your problems.

M AIN I DEA President Hoover’s conservative response to the Great Depression drew criticism from many Americans.

A CTIVITY Hoover’s Response to the Great Depression Read pages in your Americans textbook then explain Hoover’s ideas on solving the Depression on the graphic organizer. When finished flip over your paper and complete the information on Hoover and the Bonus Army.

H OOVER ’ S I MMEDIATE R ESPONSE Tried to reassure the nation. Continue as usual. “ Rugged Individualism ”  Idea that American people will work hard, hold high moral values, engage in creative problem solving, waste less, and focus on independence Gov’t should play a limited role Opposed any welfare programs (no direct aid to the people) Direct aid = corruption, laziness, and a connection to socialism Hoover’s response confused and angered many Americans

The Hoover Dam, as it was later called, was a $700 million project initiated by Herbert Hoover. It was approved in 1928 and construction began in The Dam supplies water and controls flood throughout many Western states and cities, including Los Angeles and Las Vegas. B OULDER D AM

Above: Picture of the Colorado River before the Construction of the Dam Below: Diagram of the Hoover Dam

H OOVER ’ S A ID – PT. I Committee for Unemployment Relief Government committee that raised money for needy communities Encouraged people and businesses to contribute to privately organized welfare funds called community chests Hoover believed in “trickle down” (top to bottom) economy Boulder Dam was an example of gov’t encouraging cooperation Hoover’s Radio Address on Unemployment

H OOVER ’ S A ID – D IRECT I NTERVENTION Federal Home Loan Bank Act Lowered mortgage rates for homeowners and farmers in order to avoid foreclosure Reconstruction Finance Corporation Government organization with the power to lend money from the national treasury Lent $2 billion to banks, insurance companies, loan associations, railroads, and other businesses Hoped to get business going again Served as indirect relief (so it did not violate Hoover’s Rugged Individualism ) Too little, too late for Hoover

F EELINGS ON H OOVER Hoovervilles Shantytowns in American cities Hoover blankets Newspapers that homeless people wrapped themselves in Hoover Flags Empty pockets turned inside out Feelings towards Hoover by 1930 Many saw him as a cold and heartless leader

B ONUS E XPEDITIONARY A RMY Led by Walter Waters Support the Patman Bill  Authorized gov’t to pay a bonus to WWI vets who had not been adequately compensated for their wartime service 10, ,000 WWI vets and families arrive in Washington D.C. in 1932 Hoover thought the Bonus marches were “communists and persons with criminal records” not vets. Most of the Bonus Army leaves, but 2,000 stay to meet w/ the President Hoover opposed the bill and it is eventually rejected by Congress

D ISBANDING THE B ONUS A RMY 1,000 soldiers (led by Douglas MacArthur and Dwight D. Eisenhower) arrive to remove the Bonus Army B.A. is gassed (many injured, few die-including an 11 month old baby) The public is stunned by military response (McArthur’s choice, not Hoover’s) Hoover looks very bad and ensures that the Election of 1932 will go against him

The Bonus Army March Hoover considered many criminals or communists, but allowed them to assemble. Public reaction towards Hoover and the government’s actions were negative. Franklin Roosevelt believed this was the event that won him the election in 1932.

E LECTION OF 1932 Herbert Hoover  re-nominated by Republicans Franklin Delano Roosevelt (FDR)  Democrat FDR easily wins election