PPT-The Great Depression & New Deal, 1929-1941

Unit 7 Causes of the Great Depression Origins and Causes Extreme wealth inequalities Big difference between rich and poor Ballooning stock market Over speculation and buying stock on credit. (1929-1941). Housekeeping. Midterm on Wed October 9 11:35-12:50 pm . Law School Auditorium. (NOT Dunham Lab). TF office hours . Review sessions Mon and Tues night (see class web site).. Final questions?. What caused the most severe economic crisis in American history. ?. Black Tuesday. October 29, 1929. The U.S. Stock Market lost 90% of its value.. When the stock market crashed, it triggered the economic collapse. 1929-1939. 1:00 & 7:00. Brother, Can You Spare a dime?. They used to tell me I was building a dream. And so I followed the mob. When there was earth to plow or guns to bear. I was always there, right on the job. Lesson 2 . Americans Suffer. Learning Objectives. Examine the spread of unemployment in America’s cities.. Analyze the effects of the Great Depression on farmers.. Analyze the impact of human and geographical factors that created the Dust Bowl.. Lesson 2 . Americans Suffer. Learning Objectives. Examine the spread of unemployment in America’s cities.. Analyze the effects of the Great Depression on farmers.. Analyze the impact of human and geographical factors that created the Dust Bowl.. On October 29, 1929, stock prices fell drastically on Black Tuesday, resulting in a $10 to $15 billion loss in value. While this did not cause the Great Depression, it did undermine the economy’s ability to hold out against its other weaknesses.. .. Warm-up . The Great Depression. 8.E.1.1 . Explain how conflict, cooperation, and competition influenced periods of economic growth and decline.. 8.H.2.1 . Explain the impact of economic, political, social, and military conflicts on the development of North Carolina and the United States.. Chapter 33. 1933-1939. Introduction. Voters were in an ugly mood as the presidential campaign of 1932 neared.. Hoover, sick at heart over the Depression, was re-nominated by the Republican convention in Chicago without great enthusiasm.. The Early Years of the Depression, 1929-1932. Down and Out: Life in the Great Depression. Worst national crisis since the _________.. First options were private charity and religious institutions. No public support. 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 . 1929-1939. http://www.youtube.com/watch?v=gplaqa2yRgg. Stock market. Bull market 1920’s----Dow Jones 1924=180, 1929=381 1932=41. Buying on Margin…..5%. Banks and businesses financed brokers who facilitated risky buys. Chapter 17 and 18. Causes of the Great Depression. Section 1. I Can Statements. Discuss the weaknesses in the economy of the 1920s.. Explain how the stock market crash contributed to the coming of the depression.. The New Deal. The government wanted to care for the citizens in need. What was the Agricultural Adjustment Administration?. New Deal program to help farmers. Federal Reserve. Supposed to protect banks, but failed during the Great Depression. Causes of the Depression. Wall Street Crash. Stock prices =both . a symbol . &. . source of wealth during . 1920s. Stock prices increased steadily from March 1928 to . Sept . 1929. average . investor who bought $1000 in .