1. The Great Depression and the New Deal Mr. Ornstein Willow Canyon High School United States and Arizona History

2. Ask??? Does the Government have a responsibility to help poor people? How much help? Where does the money come from?

3. The Great Depression 1929-1941 Ends with Franklin D. Roosevelt’s New Deal and WWII

4. Rugged Individualism Government Did Not Help People With Economic Problems/No Government Welfare Idea That Hard Work=Success Equal Opportunities Laissez-faire/social darwinism

5. Before the Depression The Roaring 20’s, the spread of the automobile and other new technologies, growing prosperity, laissez-faire policies towards business. Mass consumption, increased rolls for women. Harlem Renaissance

6. Before the Depression Isolation in Foreign Policy Red Scare-Afraid of Communism Nativism and Fears of Farmers Government Policies Favoring Business New Industries Increased Production Increased Speculation-Stock Market

7. Herbert Hoover Believed in Rugged Individualism President when Depression Starts Does not believe the government can influence business and economics

8. Answer??? What is rugged individualism? What did Herbert Hoover think the government should do to help people during the depression?

9. Underlying Causes of the Great Depression Overproduction Uneven distribution of wealth Speculation-investing often on credit Shaky Banking Restricted International Trade Poor Government Fiscal or Money Policy Too Little Money in Circulation Bank Failures

10. Ask??? Which was the most significant cause of the Great Depression?

11. Immediate Cause of the Great Depression October 29 th, 1929 Stock Market Crashed

12. Economic Problems 5,000 Banks Closed Businesses Closed Factories Closed Farmers Lost their Farms Life Savings Lost Demand for Goods Decreased Millions Loose Their Jobs People Could Not Repay Loans People Lost Their Homes People Went Hungry

13. The Dust Bowl Farmers in the Great Plains Suffer Both Economic and Natural Disasters. Droughts and Heavy Winds in Addition to Financial Losses. 1 Million Farmer Lose Their Land

14. The Government Does Not Respond Government Was Not Set Up to Help the Poor. People Were Expected to Help Themselves Hoover Felt Economy Would Naturally Fix Itself Reliance on Charity and Private Organizations to Help

15. World Wide Depression The Great Depression Spreads All Over the World Major Reason Hitler Gains Power in Germany is the Great Depression

16. Ask??? What Should the Government do to end the depression? What was the Dustbowl? How did the Depression Start?

17. Empire State Building Gave People Hope During Depression Was Tallest Building at Time

18. The New Deal Franklin Roosevelt’s Plan to End the Depression

19. FDR’s Election Elected 1932 Only President Elected 4x Roosevelt’s Election Gave Hope to Americans Roosevelt Vowed to Get the Government Involved in Helping End the Depression and Helping Those Suffering

20. Roosevelt’s Philosophy President and Government Should Have Large Role in Economy Roosevelt Will Increase Size and Power of the Government

21. 3 R’s of the New Deal New Deal is Divided into 3 Parts Relief- Immediate Help for those suffering Recovery-stimulate Production Reform-Permanent changes to prevent further depressions

22. Relief Bank Holiday CCC, WPA, PWA- Government Creates Jobs

23. Recovery Stimulate Economy Put More Money into the System- “Priming the Pump”

24. Reform FDIC- Money in Bank is protected by Government Social Security-Pension for older Americans Securities and Exchange Commission-Police Stock Exchange

25. Problems with the New Deal Some Measures Were Unconstitutional Increases Size and Power of Government/some say too much

26. Legacy of New Deal Restores Hope in Government Government Has Role in Economy and Economic Well Being of the People

27. WWII World War II Brings the US Fully Out of the Depression

28. Answer: What were the 3 R’s of the New Deal? What is the Legacy of the New Deal?