1. THE GREAT DEPRESSION
US HISTORY II

2. CALM BEFORE THE STORM
LIFE IN AMERICA INVESTING PRODUCTION AUTOMOBILE WELFARE CAPITALISM CREDIT GOVERNMENT & PRO BUSINESS – LAISSEZ FAIRE

3. SIGNS OF TROUBLE WEALTH DISTRIBUTION WORKERS, FARMERS INCOME SAVINGS
CREDIT LIMITS
NO WORK FOR WORKERS
OVER STOCKED WAREHOUSES

4. CREDIT & STOCK MARKET BUYING ON MARGIN BIGGER LOANS SPECULATION/RISE
MARGIN CALLS
FEDERAL RESERVE
BIG INVESTORS
SELL OFF/NO BUYERS
BANKERS
FEDERAL RESERVE BANK

5. BLACK TUESDAY TUES. 10/29/1929 STOCK MARKET CRASH
BANKING CRISIS
GNP FALLS BY 40%
WORLD ECONOMY/WWI
INDUSTRY
CONSUMERS
UNEMPLOYMENT
HIGH TARIFFS

6. PRES. HERBERT HOOV ER RUGGED INDIVIDUALISM LAISSEZ FAIRE
ASSOCIATIVE STATE
RFC (Reconstruction finance Corp., direct help)
SMOOT-HAWLEY TARIFF ACT
NO AID TO INDIVIDUALS
TAX
BONUS ARMY

7. FDR – LANDSIDE VICTORY PUBLIC WORKS PROGRAMS GOVERNMENT’S JOB
BANK HOLIDAY
EMERGENCY BANKING ACT
FIRESIDE CHATS
HUNDRED DAYS-
NEW DEAL
RELIEF
REFORM
RECOVERY
PUSH CONGRESS!

8. NIRA
CCC
TVA
SEC
CWA
NEW DEAL

9. TROUBLE FOR THE NEW DEAL
RADICALS – NOT ENOUGH
CONSERVATIVES-TOO MUCH
HUEY LONG –TOO CLOSE TO BANKS AND BUSINESS
COUGHLIN-MORE NEEDED TO CURB POWER OF BUSINESS & BANKS
TOWNSEND-NEED MORE FOR ELDERLY