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Warm Up Define the following: Credit Loan Stock Invest.

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Presentation on theme: "Warm Up Define the following: Credit Loan Stock Invest."— Presentation transcript:

1 Warm Up Define the following: Credit Loan Stock Invest

2 The Great Depression

3 Summary World trade declines, banks fail, high unemployment develops.
Urban and rural poverty ensues, leading to the construction of the New deal program. This expands role of federal government and how it takes care of its citizens in a time of crisis.

4 Many found being broke humiliating.
Stock market crash Didn’t realize the effect it would have No money to replenish what was borrowed Many found being broke humiliating.

5 The Roaring 20’s The new concept of “credit” People were buying:
Automobiles Appliances Clothes Fun times reigned Dancing Flappers Drinking

6 Why was this bad? Credit system WWI
People didn’t really have the money they were spending WWI The U.S. was a major credit loaner to other nations in need Many of these nations could not pay us back

7 The Stock Market People bought stocks And those stocks fell
With people panicking about their money investors tried to sell their stocks This leads to a huge decline in stocks Stocks were worthless now

8 President Hoover Herbert Hoover was president at the start
Philosophy: We’ll make it! What He Did: Nothing The poor were looking for help and no ideas on how to correct or help were coming

9 What about the people? Farmers were already feeling the effects
Prices of crops went down Many farms foreclosed People could not afford luxuries Factories shut down Businesses went out Banks could not pay out money People could not pay their taxes Schools shut down due to lack of funds Many families became homeless and had to live in shanties

10

11 Video http://www.youtube.com/watch?v=qu2uJWSZkc
What is this? First 2 minutes A ________ in banks being able to pay ___________ the amount of poverty

12 Activity Research three public programs created during the Great Depression. Write down the following: 1. Name, 2. Purpose, 3. Who was employed? 4. How did it help our economy? Answer the Great Depression Packet and Reflection. Due next class.

13 Video

14 Warm Up Define: relief, recovery, and reform.
How do these terms relate to the role of the government in economic crisis? 5 minutes

15 Many waited in unemployment lines hoping for a job.

16 People in cities would wait in line for bread to bring to their family.

17 Some families were forced to relocate because they had no money.

18 “Hooverville” Some families were forced to live in shanty towns
A grouping of shacks and tents in vacant lots They were referred to as “Hooverville” because of President Hoover’s lack of help during the depression.

19 Hooverville

20 Out of the Dust: The South and the Dust Bowl

21 A drought in the South lead to dust storms that destroyed crops.
“The Dust Bowl”

22 The South Was Buried Crops turned to dust=No food to be sent out
Homes buried Fields blown away South in state of emergency Dust Bowl the #1 weather crisis of the 20th century

23

24 *FDR* When he was inaugurated unemployment had increased by 7 million.
Poor sections (like Harlem) had 50% of the pop. unemployed Instated the “New Deal” Yea! Frankie!

25 People everywhere were effected by the depression
It wasn’t till President Roosevelt took over and tried to put the economy back together that people even saw a glimmer of hope

26 Activity-The New Deal Complete the PSA about FDR’s fireside chats to the public about the New Deal. Due next class.

27 Warm Up What role should the government play in an economic crisis?

28 Major Historical Happenings...
Jim Crow Laws Scottsboro Trials Recovering from the Great Depression Racial Injustice Poor South

29 Jim Crow Laws After the American Civil War most states in the South passed anti-African American legislation. These became known as Jim Crow laws. These laws included segregation in… Schools -- Hospitals Theaters -- Water fountains Restaurants Hotels Public transportation Some states forbid inter-racial marriages

30 To Kill a Mockingbird

31 These laws were instituted in 1896 and were not abolished till the late 1950’s (even then still not completely).

32 Scottsboro Boys Trial 9 young African-American men (13-20) accused of raping 2 white girls in 1931 Immediately sentenced to death Trials went on for nearly 15 years before all the men were dismissed

33 Started on a train bound for Memphis
Several white men boarded and picked a fight with the black men Whites were forced off train by the 12 black men. The white men reported the the black men had raped two white girls on the train to authorities They were immediately arrested and tried in front of an all-white jury.

34 The trials caused a huge uproar amongst the black community.

35 Harper Lee

36 Wrote To Kill a Mockingbird in 1960
Based the story on her life growing up in Monroeville, Alabama TKAM was the only novel she ever wrote

37 Video

38 Activity Read documents. Answer questions Complete graphic organizer.
Background: Poet Langston Hughes wrote about the lives and experiences of his fellow African Americans. He produced a volume of works based on the Scottsboro case. Directions: Read the following poem and answer the following questions. Complete Social Security PSA. Read documents. Answer questions Complete graphic organizer. ALL DUE AS HW NEXT CLASS

39 The End


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