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Unit 7: The Great Depression
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Entry Task Take out your postcard
Make sure your name is on it somewhere Take our your New Deal guided notes sheet
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The New Deal Recovery: Fix the Problem
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Fixing Banks Declared a bank holiday Glass-Stegall Banking Act of 1933
Created the FDIC to insure banks Guaranteed all bank deposits under $5,000 $250,000 today (deposits only)
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Fixing the Market Federal Securities Act
Required companies to provide info about their finances if they sell their stock Securities and Exchange Commission (SEC) Regulates the stock market The SEC enforces the rules of the Stock Market and other business practices
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The New Deal Reform: Prevent Future Problems
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Social Security Aimed to help America’s poor, the elderly, dependent children, & the handicapped Provided monthly stipends Legacy: Still America’s largest and most important safety net? Most Americans depend on Social Security to retire Will run out of $ in 2034
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Helping Working People
Wagner Act: Legalized union practices Collective bargaining Closed shops – some workplaces only open to union members
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WWII 1940: America starts selling weapons to Allies
5.5% - Normal unemployment rate, 1940: America starts selling weapons to Allies 1941: America enters WWII
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Was the New Deal a Success or a Failure?
The Question
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Partners Michael & Ryan Katelyn, Ayesha, & Gabe Zander & Braden
Jenna, Natalie, & Noah Hannah, Ioanna, & Alex B Sruthi, Ally, & Prapti Olivia, Peyton, & Serena Bradley, Enzo, & Nihal Matt, Kamryn, & Sandra Danielle & Kas
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Partners Melissa, Kayla, & Alex Shannon, Quinn, & Jonathan
Hannah & Sarah Rose Dom, Andrew, & Soledad Grace & Cynthia Dane & Danny Emma & Kyra Owen & Ian Cole & Noelle Kimmy & Jack
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Partners Elizabeth & Jaylen Marissa, Ruby, & Susana Brady & Jon
Shane, Tyler, & Tia Adam, Andrew, & Yin Rowan & Addie Ryan & Ayush Ana, Anisa, & Maggie Charlie & Sabine Bill, Johnny, & Henry
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Partners Nyta & Annah Eric & Jaden Juju & Isobel Patrick & Jennifer
Nathan & George Laney & Joseph Parker & Sam Noelle & Nikki Jordan & Terra Jasper, Mike, & Eli Evan & Ethan Mateo & Shriya Kim & Joey Taylor & Colton
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Step 1 Learn more about the New Deal
Use the documents to answer the questions on pages 1 & 2 Help each other out – make sure your partner(s) understand
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