PPT-The Great Depression and the New Deal (1928-1941)

Lesson 2 Americans Suffer Learning Objectives Examine the spread of unemployment in Americas cities Analyze the effects of the Great Depression on farmers Analyze the impact of human and geographical factors that created the Dust Bowl. 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. 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. 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. . Unit 9. Causes of the Great Depression. Guiding Questions. What economic choices caused the economy to become unstable in the late 1920s?. How did the stock market crash trigger a chain of events that led to the Depression?. 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. SS8H8b. Explain economic factors that resulted in the Great Depression.. Standards. The Great Depression. Economies go through highs and lows. Extreme lows are called “. depressions. ”. During a depression, unemployment is high and people have little money to spend. Businesses fail.. 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. 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. Standards. SSUSH17 The student will analyze the causes and consequences of the Great Depression. . a. Describe the causes, including overproduction, . underconsumption. , and stock market speculation that led to the stock market crash of 1929 and the Great Depression. . What was the Dust Bowl?. The New Deal. 1932 Presidential Election. This election took place in the midst of the Great Depression.. Herbert Hoover . (Republican-current President) . vs. . Franklin D. Roosevelt . 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. BACKGROUND. Economies. historically pass through good and bad periods that regularly repeat themselves. These periods of business activity are referred to as the “business cycle”. The bad times are called recessions or depressions, depending on the severity. 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..