1. Life during the Great Depression

2. In 1932- 30,000 companies went out of business
By 1933
9,000 banks had failed
More than 12 million workers were unemployed (1/4 of workforce!)
Average family income in 1929 was $2,300. By 1933 it was $1,600.

3. Soup kitchens were run by private charities- no gov’t handouts!
Hoovervilles or shantytowns sprung up on unused public land

4. The Dust Bowl Terrible drought struck the Great Plains from 1931-1939
“Okies”, migrants from Oklahoma region, moved their family west.

9. Escaping the Depression
Soap Operas
Walt Disney
Movies
Dances
Music

10. Hoover’s Response Late to respond to depression Public upset
1931 increased public works projects
1932 Emergency Relief and Construction Act
$1.5 billion for public works
$300 million in loans to the states for direct relief
Too little too late

11. The Angry Public Farmers revolt- more to harvest crop then sell it
People starving and food going to waste in fields
Bonus Marchers
WWI veterans camped in Hoovervilles in Washington DC waiting for the $1000 bonus Congress promised

12. Election of 1932
Franklin Delano Roosevelt is elected.
Democrat

13. The Dust Bowl

22. FDR and the New Deal

25. The First 100 Days Congress passed 15 major acts
Never been done before or since
“Fireside Chats”- Roosevelt addressed the nation nightly on the radio

26. New Deal Programs
Purpose of New Deal Put people back to work and regulate economy
Securities and Exchange Commission (SEC)
Regulate the stock market and prevent fraud
Federal Deposit Insurance Corporation (FDIC)
Provide gov’t insurance for bank deposits

27. Agricultural Adjustment Administration (AAA)
Gov’t would pay farmers not to raise certain livestock or grow certain crops
National Industrial Recovery Act (NIRA)
Set up fair labor codes
Became National Recovery Administration (NRA)

28. Civilian Conservation Corps (CCC)
Men yrs old
Working in the national forestry service
Federal Emergency Relief Administration (FERA)
Granted federal money to state and local gov’ts to help unemployed

29. Public Works Administration (PWA) and Civil Works Administration (CWA)
Provided employment in construction of airports, parks, schools, and roads
Tennessee Valley Authority (TVA)
Powered Tennessee Valley with hydroelectric power

30. FDR began deficit spending
Spending money the gov’t did not have and so the gov’t went further into debt