2. U.S. Between the Wars Emerged from WWI stronger. Emerged from WWI stronger. Late entry in WWI. Late entry in WWI. fewer casualties fewer casualties No battles in the U.S. No battles in the U.S. Continued industrial growth Continued industrial growth What were the 1920s like in the U.S.? What were the 1920s like in the U.S.?

3. What’s this cartoon say about the U.S. between the wars?

4. Red Scare: fear of communism and the Soviet Union. Red Scare: fear of communism and the Soviet Union. Led to U.S. isolation and limited immigration. Led to U.S. isolation and limited immigration.

6. Great Depression (1930s) Causes Post-war prosperity of the 20s made people willing to take financial risks. Buying on credit Buying stocks on a margin

7. Overproduction: making more goods than people are willing to buy. Overproduction: making more goods than people are willing to buy. Wages weren’t rising as fast a production. Wages weren’t rising as fast a production.

8. Oct. 1929: People couldn’t pay back loans. Oct. 1929: People couldn’t pay back loans. Stocks crashed & investors lost all their money. Stocks crashed & investors lost all their money. Prices fell and businesses closed. Prices fell and businesses closed.

9. Who took this picture?

10. Lange’s “Toward Los Angeles” Where were these men probably from and why were they going to California?

11. Goodwell, Oklahoma during the Dust Bowl

13. The New Deal Elected in 1932, F.D.R. greatly increased government involvement in the economy. Elected in 1932, F.D.R. greatly increased government involvement in the economy. Gov’t spending to create jobs and aid the poor. Gov’t spending to create jobs and aid the poor. Gov’t regulation of finance and industry. Gov’t regulation of finance and industry.

14. Assignment: Stock Market Crashes Then and Now ELT: Describe the characteristics of specific economic systems throughout history. ELT: Describe the characteristics of specific economic systems throughout history. How has the stock market changed as a result of October 1929? How has the stock market changed as a result of October 1929?

15. Works Cited A political cartoon from the First Red Scare advocating restrictions on immigration. 1919. Private collection. Web. 9 Mar. 2010.. Bicycle Crash Animation. Private collection. Web. 14 Mar. 2010.. Farah, Mounir A., and Andrea B. Karls. World History The Human Experience. New York: Glencoe/McGraw Hill, 1999. 776-80. Print. F.D.R. Campaigning 1932. 1932. Private collection. Web. 10 Mar. 2010.. Johns, Chris. Goodwell Okla., during the Dust Bowl. National Geographic. Web. 10 Mar. 2010.. Lange, Dorothea. Migrant Mother. 1936. Library of Congress, Washington, D.C. Web. 9 Mar. 2010.. Lange, Dorothea. Toward Los Angeles. 1937. Private collection. Web. 10 Mar. 2010.. Replaced by CGI. Private collection. Web. 14 Mar. 2010..