1. Warm Up What is the man waiting for?
What is the message of this cartoon?
Could this cartoon be applied to any events recently?

2. FDR’s New Deal and the Great Depression

3. Stock Market Crash
1929
Prices inflated from overspeculation & buying on margin
Stock sell-off spins out of control on Black Tuesday
Billions lost in one day

4. 19 31 Bank Failures 19 30 Fear of closings cause many withdrawals
No insurance against bank closings
Thousands of banks close

13. The New Heroes
Bank robbers
Bonnie & Clyde
John Dillinger

15. 1932 President Herbert Hoover Does little to stop the Depression
Franklin D. Roosevelt wins election

16. Franklin D. Roosevelt Democrat from NY
Promises that “Happy Days Are Here Again”

17. The only thing we have to fear is fear itself!
Franklin D. Roosevelt
Starts planning his “first 100 days”
Calls reforms his “New Deal” for Americans
Makes a more active government
The only thing we have to fear is fear itself!

18. We need Relief, Recovery, and Reform!
Fireside Chats

19. Relief
Immediate help
Money & support

20. Recovery
Temporary jobs & programs
Restart demand

21. Reform
Changes to laws
Permanent programs to avoid another depression

23. 1935 The Dust Bowl Drought and overfarming dry up land
Huge dust storms spread across the US

27. The Second New Deal
1935
1936
1937
More programs after FDR’s reelection

28. Criticism
BIG government
Deficit spending