PPT-From 1929 to 1932, President Hoover was criticized for not

Tens of thousands of businesses failed and unemployment rose to 25 The American banking system collapsed Hoover initially relied on rugged individualism but offered relief checks and job programs . ICGSE. History. Depth Study: The USA, 1919-41. How far did the US economy. boom in the . 1920s. ?. A New Era. Henry Ford: “We are entering a new era. Our new thinking and new doing are bringing us a new world, and a new heaven, and a new earth, for which prophets have been looking from time immemorial.”. 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. . In . the United States, the Great Depression began in the summer of 1929. .. . The . downturn became . markedly worse in late 1929 and continued until early 1933. .. . Real output and prices . fell. . Gevenny Fernandez. Historical Context. The Republicans controlled the White House . In 1930, the Democrats took over the House of Representatives with a majority of 51%, for the first time in over a decade. Tens of thousands . of businesses failed . and unemployment rose to 25%. The American banking system collapsed . Hoover initially relied on rugged individualism but offered relief checks and job programs, . The Financial Panic of 1932-33. A Stock Market Bubble in the USA, Bank Runs, and an International Crisis. The Great Bubble: Suppose You had $100 to invest . in . the . Stock . Market in July 1926. . Republican. Graduated from Stanford University 1895. Occupation: Engineer. Food Administration Director during WWI. Secretary of Commerce 1921-28. “A chicken in every pot and car in every garage”. . 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.. Period 7 (1890 – 1945). [PART . 2 . – (. 1929 . – . 1945)]. Warm-Up:. Defining Terms. When you hear the following terms what do you think of…. Liberalism. Conservatism . Terms as Defined by Clinton . 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.. APUSH Unit 11. 1919-1939. 1920s Popular Culture. WW1 Anxieties. Espionage & Sedition . Act (1918). Demobilization & . Labor Strife. Red Scare (1919). Palmer Raids. Sacco & Vanzetti (1920, 1927). Presidential . Election?. Learning objective . – to understand and explain the outcome of the 1932 Presidential Election.. I can . describe . the outcome of the Presidential Election of 1932. .. Grade D. 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.