Bell Work Founder of the back to Africa movement Marcus Garvey

Founder of the back to Africa movement

Marcus Garvey

The Great Depression Objective: Cover the events that leads to the Great Depression

The Crash of 1929 Prior to 1929 stock prices kept going up driven by speculation in Real Estate People and Banks heavily invest in stock market to make money October 29 1929 (Black Tuesday) the market fails and stocks begin to fall This creates panic and the market crashes

Prior to 1929 stock prices kept going up driven by speculation in Real Estate

People and Banks heavily invest in stock market to make money

October 29 1929 (Black Tuesday) the market fails and stocks begin to fall

This creates panic and the market crashes

Causes of The Great Depression Nation’s wealth not shared by everyone Farmers grew more crops then people could buy Overproduction by factories Congress placed high tariffs on European goods Banking system had many problems Government did not pass laws to correct problems (Laissez-faire)

Nation’s wealth not shared by everyone

Farmers grew more crops then people could buy

Overproduction by factories

Congress placed high tariffs on European goods

Banking system had many problems

Government did not pass laws to correct problems (Laissez-faire)

Welcome to Hooverville By 1933, 13 million unemployed 1 million live in Hoovervilles made of junk or scrap wood around the country People search for food in the garbage 1931 seven year drought destroys mid-west farms the soil simply dries up and blows away

By 1933, 13 million unemployed

1 million live in Hoovervilles made of junk or scrap wood around the country

People search for food in the garbage

1931 seven year drought destroys mid-west farms the soil simply dries up and blows away

Okies The mid-west becomes known as the Dust Bowl Thousands of farmers sell their farms and move to California In California they become migrant farm workers They stream into California with hunger in their eyes For every job ten men applied for it and they try to under cut each other by working for less

The mid-west becomes known as the Dust Bowl

Thousands of farmers sell their farms and move to California

In California they become migrant farm workers

They stream into California with hunger in their eyes

For every job ten men applied for it and they try to under cut each other by working for less

Farmers in the Dust Bowl

The New Deal By 1932 Most Americans want a new President Franklin D. Roosevelt (FDR) wins Promises to end depression Uses an informal group of advisers to solve Depression called the Brain Trust Roosevelt closes banks for two days Spend first 100 days working with Congress to pass many new programs

By 1932 Most Americans want a new President

Franklin D. Roosevelt (FDR) wins

Promises to end depression

Uses an informal group of advisers to solve Depression called the Brain Trust

Roosevelt closes banks for two days

Spend first 100 days working with Congress to pass many new programs

The New Deal Roosevelt uses Fireside Chats to reassure Americans and to encourage them to keep their money in the banks Three main goals: Relief, Recovery, Reform Created many new agencies CCC, FDIC, TVA, PWA, SEC, WPA, SSB

Roosevelt uses Fireside Chats to reassure Americans and to encourage them to keep their money in the banks

Three main goals: Relief, Recovery, Reform

Created many new agencies

CCC, FDIC, TVA, PWA, SEC, WPA, SSB

New Deal Programs WPA (Works Progress Administration) built schools, libraries, and cultural projects SSB (Social Security Board) gave a pension plan to people over age 65 TVA (Tennessee Valley Authority) Set up hydro- electric projects on the Tennessee River CCC (Civilian Conservation Corps) gave jobs to unemployed youth of America

WPA (Works Progress Administration) built schools, libraries, and cultural projects

SSB (Social Security Board) gave a pension plan to people over age 65

TVA (Tennessee Valley Authority) Set up hydro- electric projects on the Tennessee River

CCC (Civilian Conservation Corps) gave jobs to unemployed youth of America

Results of New Deal Higher Taxes Higher national debt Helped Americans find relief from poverty Built dams, roads, bridges, airports Protected democracy

Higher Taxes

Higher national debt

Helped Americans find relief from poverty

Built dams, roads, bridges, airports

Protected democracy