1. Causes of the Great Depression
A time of economic struggle from

2. 1. The Roaring 20’s
During the 1920’s new products became available to the people
Employment in manufacturing was steady
PROBLEM: Overproduction of products by companies who continued to produce even as consumers were purchasing less
This led to layoffs in companies which
Led to less consumers to purchase goods
PROBLEM: Buying on credit-spending

3. 2. The Stock Market
People invested in the stock market (Wall Street) because they saw a safe investment that always went up
People started to take out loans to invest in the stock market
Banks invested their deposits in the stock market
From the Dow Jones went from
PROBLEM: stocks can go down
PROBLEM: speculation on credit

5. 3. Economic troubles in Europe
Lack of trade with Europe because of
1. economic depression in Europe and
2. high tariffs reduced trade

6. 4. Dust Bowl across the Midwest
Terrible drought conditions across the Great Plains west of the Mississippi River
Many farmers lost their farms and made their way to California
Many sharecroppers were displaced by tractors

7. Quiz on causes
What is the term meaning “companies produced too much of a product”?
What happened to the workers in a company when too many goods were produced?
What is the risk of buying stocks (this happened to the whole stock market in 1929)?
What is the name for a tax on imported goods?
What did other countries do when the USA put a high tax on imported goods?
What natural disaster befell the farmers in the midwest in the 1930’s?
Who was the president when the depression started?
BONUS: What type of farmers were most of the black people in Roll of Thunder, Hear My Cry?

8. FDR’s New Deal Programs
As the depression wore on, a presidential election took place in Herbert Hoover was the Republican incumbent against Democrat Franklin Roosevelt
FDR won the election with 42 of the 48 states
Put people to work in NEW Federal programs

9. Federal programs
CCC: Civilian Conservation Corps—thousands of young men to work in the outdoors
WPA/PWA: Works Progress Administration employed men to build roads, schools, bridges, public buildings
AAA: Agricultural Adjustment Act--kill animals and destroy crops to create a market
Social Security—government run retirement fund; disability and poor

10. YOUR TURN!!!
Build a 5 slide powerpoint presentation about one of the New Deal Progams
Slide 1: Name of act, acronym, year it was enacted, your name
Slide 2: purpose or goal of the act
Slide 3: amount spent on the life of the progam, Number of people employed, actual names of projects
Slide 4: pictures
Slide 5: the progam in Montana
Use encyclopedia sites

11. CCC
By 1941 when it was disbanded, the CCC had employed almost 3.5 million men. Some estimates are that they planted 2.5 billion trees, protected 40 million acres of farmland from erosion, drained 248,000 acres of swamp land, replanted almost a million acres of grazing land, built 125,000 miles of roads, fought fires, and created 800 state parks and 52,000 acres of campgrounds. But the biggest legacy of the CCC may have been the hope it provided both the young men and their families. Written by Bill Ganzel of the Ganzel Group. First written and published in 2003

12. WPA AND PWA
PWA: over 34,000 public construction projects such as dams, roads, airports, schools, and hospitals
WPA: funded over 40,000 public buildings—auditoriums, courthouses, etc.
Also funded writers and artists

13. Fort Peck Dam

15. WOODLAND PARK
A lagoon filled with swans, geese and ducks runs through the heart of...it is not wondrous but is a pleasant municipal park. Interestingly it was created from a "mosquito bog" as a 1937 WPA project. Thousands of native trees and shrubs were transplanted from surrounding areas.

16. TVA

17. AAA
In exchange for holding down production of crops, farmers received financial payments called subsidies.
These helped keep quantities limited so prices could stay high enough so
Farmers could survive and not go broke
Extra milk dumped, animals slaughtered and burned up, chickens killed and destroyed

18. REA
Brought electricity to rural areas—many in Montana!

19. POSITIVE Effects of the New Deal
Restored people’s faith and confidence in America
Annual per capita income rose from $678 in 1932 to $925 in 1939
Electricity to many rural areas

20. NEGATIVE Effects of the New Deal
GROWTH OF GOVERNMENT!!!!!!
Large national debt: $2.6 billion, $6.5 billion
Power of the government increased
People look to the government for help in all areas of life—”entitlements”
How does the government work today, and what do people want the government to do for them today?