1. Recap of the 1920’s Stock Market Crash Great Depression Dust Bowl
Topics:
Recap of the 1920’s
Stock Market Crash
Great Depression
Dust Bowl

2. World War I is over! Let’s celebrate!! Life in America is great!

3. Roaring 20’s!
The 1920’s
were great
times in
America!
19th Amendment
Women can vote!

4. The Harlem Renaissance
Langston Hughes
Louis
Armstrong

5. Henry Ford assembly lines Model T
He made the
automobile
affordable for
most people!
assembly lines
Model T

6. Charles Lindbergh Lindbergh changed aviation history by
flying solo across
the Atlantic Ocean! He
proved it could be
done!

7. Times are good! Let’s go to the ballpark and watch Babe hit a homer!

8. 1920’s No, not in cars....in homes! The radio became a main form of
entertainment.
No, not in cars....in
homes!

9. Dant, Dant, Dant, Daaaaaa....... Yes, WWI was over.
Yes, it was time to celebrate.
But, the American economy was in TROUBLE!

10. 1929

11. Stock
Market
Crash!

12. Stocks are shares of ownership in a company.
What is a stock?
Stocks are shares of ownership
in a company.
What do you know about stocks and their relationship to companies such as the ones below?

13. 1929
Following World War I.
and selling stocks for high amounts of money.
Following WWI, people were buying

14. People who were rich one day,
were poor the next.

15. The Stock Market Crash of 1929 triggered the GREAT DEPRESSION.
Banks and businesses were failing. People
could not find jobs. This was a dismal
time in America’s history.

17. Thousands of people lined
up at soup kitchens run by
charities. A bowl of hot soup
and a piece of bread might be
the only meal they would
get in an entire day.
Hungry and homeless people
roamed the city streets.

18. Farmers had a very difficult time during the Depression years, especially
farmers in the Midwest states.

19. Before WWI, farmers, in the Great Plains, had plowed up millions of acres
of grassland so they could plant wheat.

20. Before WWI, farmers, in the Great Plains, had plowed up millions of acres
of grassland so they could plant wheat.

21. But, there was a huge drought in the Great Plains
But, there was a huge drought in the Great Plains. This caused soil erosion (Put on your science caps!). The soil would blow all over the place and form huge clouds of dust!

24. The dust covered everything!
It covered
fences, houses, barns,
roads, and cars!

25. This area of the country became
known as the “Dust Bowl.”

27. Poor Farmers packed up everything they had and drove west
Poor Farmers packed up everything they had and drove west. They hoped to
find work in the farmlands of California.

28. Something had to be
done to help Americans.
They were in the worst
financial circumstances
in history! What do you
think could solve this
problem?

29. For Further Discussion - Extra information:
The stock market was only one cause of the Great Depression, however.
Unequal income distribution was another problem. While businesses showed great profits
during the 1920s, workers got only a small portion of this wealth in their low wages.
People who had small incomes therefore bought merchandise on credit.
Advertisers pushed them to do so with the slogan "Buy now, pay later." Many
consumers accumulated so much debt that they could no longer purchase products,
leading to a slowing of manufacturing because there was a backlog of merchandise.
During the 1920s American farmers in the Midwest had been suffering from drought
conditions. Others had geared up for high production, but after the end of World War I
(1914–18) they found that the international market was overstocked and prices fell so
low that they could not make a profit on their crops.
The banking industry also made mistakes in too freely lending money, especially to foreign
countries trying to rebuild after the war. These countries had trouble repaying their debts.
To make matters worse, the United States (and other industrialized countries)
charged high import taxes on goods that other countries offered for sale. These taxes prevented
countries from selling the goods they needed to earn the money to repay loans from U.S. banks.

30. The End