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Www.buschistory.netwww.buschistory.net Topic 20 – The Great Depression.

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1 www.buschistory.netwww.buschistory.net Topic 20 – The Great Depression

2  Hoover’s Trickle Down Plan  Gov’t Loans to Business  New Investment and Plant Expansion  New Jobs  Increased Production  More Wages in Circulation  Demand Increases

3 New Profits New Jobs Plant Expansion New Investment Increased Demand New Money in Circulation Relief Payments and Temporary Jobs on government projects FDR’S Pump Priming

4  Hoover’s Trickle Down Plan  Gov’t Loans to Business  New Investment and Plant Expansion  New Jobs  Increased Production  More Wages in Circulation  Demand Increases New Profits New Jobs Plant Expansion New Investment Increased Demand New Money in Circulation Relief Payments and Temporary Jobs on government projects FDR’S Pump Priming

5 YearLabor Force Number Unemployed% Unemployed 192949.21.63.2 193049.84.38.7 193150.4815.9 19325112.123.6 193351.612.824.9 193452.211.321.7 193552.910.620.1 193653.4916.9 1937547.714.3 193854.810.419 193955.29.517.2 194055.88.114.6 194155.95.69.9 Labor Force and Unemployment 1929-1941 (In Millions)

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7   Schecter Poultry Corp. v The United States -1933  -- Federal Gov.t cannot regulate Intrastate trade-   United States v Butler - 1933  -- AAA of 1933 struck down- -   National Labor Relations Board v. Jones & Laughlin Steel Corp. - 1937 National Labor Relations Board v. Jones & Laughlin Steel Corp.  Court Packing – 1937  FDR wanted to add a new judge for every judge over 70

8  The New Deal  The First 100 Days: March 9-June 6, 1933  The 3 Rs – RELIEF-RECOVERY-REFORM  Bank Holiday  The Second New Deal  Alphabet Soup  Court Packing – 1937  Roosevelt Recession

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15 FDIC (up to $250,000) Social Security – Money for the elderly, disabled and dependent children Indian Reorganization Act – dedicated land for Indian tribes Minimum Wage Laws Tennessee Valley Authority(TVA) – A series of Dams and Hydro Electric plants providing electric power to the Tennessee Valley Security and Exchange Commissions(SEC) - Regulates the Stock Market and Investment Practices. National Labor Relations Act (Wagner Act) Worker’s rights Collective Bargaining

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