PPT-The Great Depression The Presidency of Herbert Hoover

Early Months of Hoover Administration Elected in 1929 Hoover was a millionaire and claimed that anyone not only can be rich but ought to be rich Warned of the dangers of a large and activist federal government but also criticized the selfserving greed of large corporations. in the United States. May 4, 2015. . - American History. Depression in cities. Lost jobs = evicted . Shantytowns. Hunger spread through cities. Soup Kitchens. Bread Lines. Shantytown. Shantytown. Shantytown. Chapter . 23 . Review Video. The . Great Depression. . www.Apushreview.com. The Coming of the Great Depression. Bull Market:. Increase in stock prices: 1928 – September 1929: stocks increased by 40%. Breda Garrity. IB History of the Americas. #4. Growing Up Years. Born on August 10. th. , 1874.. Hoover was one of three children in his family.. When he was six his father died of heart problems and when he was nine his mother died of pneumonia. . 1928-1932. Section 1. Causes of the Depression. Prosperity Hides Troubles. Optimism Sweeps Hoover to Victory. In the 1920’s the U.S. economy was booming. Herbert Hoover . – an accomplished public servant – to run for the White House. America Between the Wars. part . 2. The Great Depression. stock . market. the place where shares of companies are bought and sold. .. Stock = shares in a company. . inflation. . when prices go up and the general purchasing power of a dollar goes down. . Causes. Quick. facts. Presidents. The End. 100. 100. 100. 100. 200. 200. 200. 200. 300. 300. 300. 300. 400. 400. 400. 400. What is October 29, 1929 known as?. A. Black Tuesday. B. Black Thursday. C. Black Friday. As . the Great Depression escalated into a national . crisis. , . American citizens looked to President Herbert Hoover for a . federal. . response. . Hoover was hailed by many as the “Great Humanitarian” and a wonder worker who could find a solution to their problems. However, Hoover was firmly entrenched in “laissez faire” ideology which would greatly limit his initial response to the Great Depression. . Herbert Hoover. Republican . Hoover took office at a time of unparalleled economic prosperity and optimism. BUT at the end of his presidency- the US was at the bottom of the deepest economic depression in history . AP US History. Key Concept 7.1 . Governmental, political, and social organizations struggled to address the effects of large-scale industrialization, economic uncertainty, and related social changes such as urbanization and mass migration.. Redefined Democracy:. Political Rights . . Economic. Security . . Social Justice. Essential Question. :. What were the causes of the Great Depression?. Warm-Up Question. :. Think about the changes that took place in America in the 1920s. In what ways were these changes good? Bad? . Introduction. Three Republican presidents- Warren G. Harding, Calvin Coolidge, and Herbert Hoover- steered the nation on the roller-coaster ride of the 1920s, a thrilling ascent from the depths of post-World War I recession to breathtaking heights of prosperity, followed by a terrifying crash into the Great Depression.. Objective 3.3: . Explore life during the Depression and the efforts made to restore prosperity in the USA and elsewhere. Warm-Up: The Great Depression. If someone says it better, let them say . it… CRASH . Hoovers Response Fails. At first, Hoover felt that government should not interfere.- . Laissez Faire Economics. Thought of this as a downswing of the . business cycle. . Asked for volunteerism.. For business leaders not to cut prices and wages. Early Months of Hoover Administration . Elected in 1929. Hoover was a millionaire and claimed that “anyone not only can be rich, but . ought. to be rich”. Warned of the dangers of a large and activist federal government, but also criticized the self-serving greed of large corporations..