PPT-Chapter 30: The Causes of the Great Depression

What caused the most severe economic crisis in American history Black Tuesday October 29 1929 The US Stock Market lost 90 of its value When the stock market crashed it triggered the economic collapse. (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?. 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. Intro. One of the great mysteries of the 20th century is how the U.S. economy could have gone from a state of unprecedented prosperity in the 1920s to one of unprecedented failure in the 1930s. In the 1920s jobs were plentiful, the economy was growing, and the standard of living was rising. . 27. Previously. The AD-AS model is a simplified view of the economy that helps us evaluate short-term fluctuations in real GDP and unemployment. The AD-AS model helps us understand the macroeconomic impacts of real-world changes and gives us an important tool to use in government policy analysis. 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.. Effects of the . New . Deal. The Depression of . 1937-1938. An Anemic Recovery: 1938-1940. WWII & Great Depression of 1946. ECO 473 – Money & Banking – Dr. D. Foster. Myth vs. Reality of the Great Depression. “THE Collapse and Recovery of Europe”. (1914-1970s). The Great Depression. Industrial Capitalism. Benefits:. Created the most substantial economic growth in the 19. th. century. Provided opportunities for wealth and social advancement. 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 . Unit III “exit strategy”. 1920s, Great Depression, and New Deal. Americans. , Ch. 14-15, but also 12-13. History Alive!. , Ch. 30-33, but also 26-29. Homework:. READ your Americans chapter (12, 13, 14, or 15) & “fill” the front and half of the back with facts, vocab, events, people, IMAGES, etc. by Wed. 1/8. & New Deal. January 2-5, 2018. (Jan. 4-5 = snow days). Why are we here this week?. Students will complete Ch. 14: Great Depression (HA 30-32) collaborative, open-notes assessments, plus Ch. 15: The New Deal (HA 33).. 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. The Economic Record . of . the Great Depression. Conditions During the Great . Depression. Large reductions in output. Soaring unemployment. Farm and home foreclosures. Bank failures. Human suffering. Chapter 22 “Crash and Depression” Section 1 “The Stock Market Crash” Pg. 740-744 Dow Jones Industrial Average Black Tuesday Great Crash Business cycle Great Depression Vocabulary 1. What events led to the stock market’s Great Crash in 1929? Socratic Seminars on Chapters . 12-14. 1920s, Great . Depression. Americans. , Ch. . 12-14. History Alive!. , Ch. . 26-32. Homework:. Enhance Ch. 12 notes & prepare for Ch. 13 Socratic Seminar; .