1. The Great Depression Lesson 10.3
In this photo, a long line of jobless and homeless men wait to get free dinner at a municipal lodging house during the Great Depression.

2. Essential Question
How did the boom times of post-World War I America lead to bust times of the Great Depression?

3. The Great Depression 10.3 The Economic Depression
Hard Times for Americans
The Economy Slows Down
The Impact on Farmers
Culture in the 1920’s

4. The Economic Depression
Americans believed boom would never end.
Many borrowed money to buy goods and invest in stock market.
Stock market crashed, thousands of people and businesses lost money

7. Roosevelt becomes President
Hoover blamed by many for lack of progress
FDR elected, pledges “new deal” to American people
Roosevelt promises to create programs to provide jobs, help struggling Americans

8. The New Deal Eleanor Roosevelt
Very active in involving women in New Deal programs.
Supported workers’ rights
Started National Youth Organization

9. Programs of the New Deal
“Alphabet Soup”
CCC
TVA
WPA
Social Security Administration
established a minimum wage.
kept interest rates low

10. Long-term impact of New Deal
Economy did improve
Many Americans were still out of work at the end of the ‘30s
American were given hope
Federal government continued (and continues) to play a large role in the economy.