1. Great Depression and New Deal Overview

2. Great Depression Time period from 1929-1941 of U.S. economic decline with high unemployment and poverty

3. Causes Short Term—Stock Market Crash (10/29/1929) Long Term—False Prosperity; economy not doing as well as people thought during the 1920s.

4. Impact of Depression High unemployment High poverty rates

5. Dust Bowl & Impacts Dust Bowl—result of a great drought in the plains during the early 30s. Impact—people leave area looking for other opportunities.

6. New Deal & Goals New Deal—Roosevelt’s program to revive the economy. Goals—Economic recovery, relief for needy, financial reform

7. Impact on Gov’t New Deal led to massive growth of federal government.