American History Chapter 15: Crash and Depression IV. The Election of 1932.

Slides:

Advertisements

Similar presentations

Election of 1932 Hoover v. FDR.

Advertisements

 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.

Hoover, FDR, and the Great Depression

The Great Depression and New Deal

BELLWORK  What are stocks? What are they used for?  How did the stock market crash lead to the Great Depression?  What effect did the Great Depression.

ROOSEVELT AND THE NEW DEAL. CAUSES OF THE GREAT DEPRESSION  OVERPRODUCTION  LOW WAGES  HIGH TARIFFS  UNEMPLOYMENT  REDUCTION IN CONSUMER BUYING POWER.

Surviving the Great Depression and The Election of 1932

Crash and Depression Chapter 22.

“We are closer to the end of poverty than at any point in our history”

Hoover Struggles with the Depression Chapter 22 Section 3.

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.

1. What are “Hoovervilles?” 2. Describe the stock market crash. 3. How did the stock market crash effect all Americans? (List 4 factors!) 4. Why did America’s.

Hoover Struggles with the Depression

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.

Hoover Publically Publicly, President Hoover declared on October 25, 1929 (the day after Black Thursday) that “the fundamental business of the country…is.

The Depression. Election of 1928 Alfred E. Smith Herbert Hoover.

1. List three ways African Americans were negatively impacted by the Great Depression. 2. What programs/agencies actually helped African Americans during.

Bellringer 12/16 Credit lead to an unnatural demand for goods. This resulted in _____production. What were bank “runs”? How did buying on margin help lead.

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 Hoover as President.

Hoover and Depression Victim of circumstance?. I. The Great Depression A. Causes 1. Review B. Results C. Conditions.

BELLWORK 1.What was the Reconstruction Finance Corporation ? 2.Explain the concept of moral hazard. 3.How is the government involved in our economy today?

The Election of Franklin Delano Roosevelt IB History of the Americas.

The Election of 1932 Mr. Dodson. The Election of 1932  How did President Hoover respond to the Great Depression?  What did Roosevelt mean when he offered.

The Election of 1932 To analyze the effects of the great depression and how it led to a shift in political parties.

The Great Depression and the New Deal Pgs

Causes of the Great Depression  Overproduction & Underconsumption  Overexpansion of credit  Uneven distribution of income  Speculation in stock market.

The Hoover Response. Responding to a Worldwide Depression President Hover believed that prosperity would return Advised voluntary action and restraint.

From The Great Crash to The Great Depression What caused the crash? Take out your video notes and last night’s homework and turn to your neighbors. Generate.

Learning Target: #1 What caused the Great Depression? What steps were taken by the federal government (congress, president Hoover and FD Roosevelt) to.

Effects of the Great Depression The Human Effect.

Terms for 11/13 New Deal = Roosevelt’s policies to pull USA out of depression Hundred Days = FDR’s first 100 days in office. Passed 15 major Acts to resolve.

The Election of 1932 Angela Brown Chapter 22 Section 5.

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.

From The Great Crash to The Great Depression: The Tragic Presidency of Herbert Hoover.

The Great Depression Section 1: The End of Prosperity The collapse of the stock market in 1929 helped lead to the start of the Great Depression. Key.

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.

Good Morning, Please pick up the handout on the table QUIZ WEDNESDAY ON THE CAUSES OF THE GREAT DEPRESSION.

Hoover’s Reaction. Election of 1928 Hoover wins Hoover is confident it is a time of prosperity.

Unit 5: Essay 1 “How did Herbert Hoover and FDR offer different solutions to the Depression ? Why did FDR beat Hoover in the election of 1932?”

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.

Lesson Essential Question How did the measures of the 1 st New Deal provide relief and recovery to US citizens and businesses?

DO NOW!!! 1.Why were the American people unhappy with Herbert Hoover? 2.What are some things that people need during the depression that they are not getting.

The Great Depression and FDR Chapter 25, Sections 1 and 2.

The Great Depression and the New Deal. I. The Great Depression.

 Herbert Hoover (Rep.) beat Al Smith (Dem.) ◦ Why? ◦ Nation going well economically, and the Republicans were in charge, so people figured, “Why change?

 Great Depression begins in 1929  At first, Hoover ignores or underestimates depression: ◦ "While the crash only took place six months ago, I am convinced.

+ Election of 1932 Hoover v. FDR. + Despair and Protest By 1932, millions of unemployed workers and impoverished farmers were in a state bordering on.

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.

Election of 1928  Herbert Hoover (Republican)  Food Administration director in WWI  Al Smith (Democrat)  Men of contrasts.

Political Response to Great Depression From Hoover’s inaction to Roosevelt’s New Deal.

The New Deal Background information: Stock Market crashes; banks and businesses fail Widespread joblessness and suffering occurs Drought and dust storms.

Great Depression and New Deal Section 3 and 4. Herbert Hoover’s beliefs Herbert Hoover believed that the economy would recover on its own (it always did.

22-3: Hoover Struggles with the Depression. Hoover’s Philosophy of Government He did not believe that the federal government should be given its citizens.

American History Chapter 15: Crash and Depression

The Great Depression & The New Deal

The battle for the White House

Angela Brown Chapter 12 Section 5

FDR v. Hoover Aim: How did Herbert Hoover’s plan to solve the problems of the Great Depression differ from FDR’s plan?

Election of 1932 and the New Deal

Ch. 15 section 4 Hoover (R) v. Roosevelt (D)

Ch. 15 section 4 Hoover (R) v. Roosevelt (D)

Election of 1932 Hoover v. FDR.

America is Ready for a Change

Aim: How did President Hoover and President Franklin D

Crash and Depression Learning Unit Mrs. Deming

Hoover and FDR: The Election of 1932

Ch. 22 “Crash and Depression”

Presentation transcript:

American History Chapter 15: Crash and Depression IV. The Election of 1932

Objectives Find out how President Hoover responded to the Great Depression. Learn what Roosevelt meant when he offered Americans a “new deal” Realize why the election of 1932 was a significant turning point in American politics.

Bell Ringer Why are elections important? Give me a specific example of how elections are an avenue of change. Have you ever heard the Democrat theme song, “Happy Days are Here Again?”Happy Days are Here Again Written in lyrics relate to the 30s.

A) Hoover’s Limited Strategy Hoover at first took no action – have “confidence” Voluntary Action Fails: business voluntary leave wages up – lasted a year The Government Acts: Tried to stabilize farm prices – failed – lost $150 million. Spent money on projects – Boulder Dam, roads, parks, and so oneBoulder Dam 10)Hawley-Smoot Tariff: highest tariff in history – Europe responded – stopped trade 11)Reconstruction Finance Corporation (RFC): money to businesses, banks, and mortgages People thought government supporting big business

Hoovers Unpopularity Grows: he believed that state and local governments handle relief. – no direct government involvement John Meynard Keynes (British) – massive government spending should help a collapsing economy and encourage growth – not widely accepted 12)Bonus Army: 20,000 WWI veterans and families camped outside of White House wanting their 1945 pensions now. Hoover called in the army to remove the ex- troops – got violent – their shacks burned – hurt Hoover in next electionshacks burned

B) A “New Deal” for America “I pledge myself to a new deal for the American people” FDR - Franklin Delano Roosevelt Harvard grad – Senator – Assistant Secretary of the Navy Eleanor – niece of Teddy Roosevelt – distant cousins – experienced political worker and social reformer Wealthy – but cared for poor – polio – wanted to close gap between rich and poor

C) The Election of 1932 Contest of philosophies Hoover did not want a big powerful government Roosevelt – “a reappraisal of values” Optimistic – won by 7 million votes At oath Roosevelt addressed the crowd – “This nation asks for action and action now” – hope moved through the crowd “So first of all let me assert my firm belief that the only thing we have to fear is fear itself” Having overcome fear in his own live many times, Roosevelt spoke with conviction and confidence, reassuring a frightened nation.

Review How did President Hoover respond to the Great Depression? What did Roosevelt mean when he offered Americans a “new deal”? Why was the election of 1932 a significant turning point for American politics?