1. The Great Depression (1929-1939) The Stock Market Crash
History – Notes 10-1

2. History Channel Overview
Video Link – The Great Depression Overview

3. The Great Depression Begins
Laissez-Faire Economy: no government interference or regulation of businesses
Supported by 3 President’s in 1920s (Harding, Coolidge, Hoover)

4. Stock Market Crash Stock Market Crash (Oct. 1929)
Video Link (History.com)
Lose of about 30 million dollars
Showed how weak American economy really was

5. Stock Market Crash

6. Stock Market Crash No support provided by U.S. government
No Social Security or Unemployment Insurance
(1933) Million Americans unemployed
Working class Americans strike and protest
Asking for unemployment assistance
Rise in communist sympathy

7. Reading from The American Vision
Chapter 18 Section 1
The Great Depression Begins
Banks Begin to Close Page 631

8. Bank Failures 800 U.S. Banks fail within 1st year
9 Million savings account wiped out
50% of home owners faced defaulting on loans and eviction from homes
Rising homeless and unemployed population depending on soup kitchens and bread lines for support

9. Reading from The American Vision
Chapter 18 Section 2 Life in the Great Depression
Struggling to Get By Page 634

10. The Great Depression
Hoovervilles: shantytowns of poor and unemployed men, women, and children
25:04 – 30:42 Video Link (Stormy Weather – The Century)