Presentation on theme: "14 The Great Depression Begins QUIT CHAPTER OBJECTIVE INTERACT WITH HISTORY INTERACT WITH HISTORY TIME LINE VISUAL SUMMARY SECTION The Nation’s Sick Economy."— Presentation transcript:
14 The Great Depression Begins QUIT CHAPTER OBJECTIVE INTERACT WITH HISTORY INTERACT WITH HISTORY TIME LINE VISUAL SUMMARY SECTION The Nation’s Sick Economy 1 SECTION Hardship and Suffering During the Depression 2 SECTION Hoover Struggles with the Depression 3 GRAPH MAP
14 The Great Depression Begins HOME CHAPTER OBJECTIVE To understand the causes and consequences of the Great Depression and the futility of Hoover’s actions to limit the damage
14 The Great Depression Begins W I T H H I S T O R Y I N T E R A C T What would you do to feed your family? Examine the Issues The year is The United States economy has collapsed. Farms, businesses, and banks nationwide are failing, causing massive unemployment and poverty. You are out of work with little prospect of finding a job. What can you do to find a paying job? What groups of people will be most hurt by the economic crash? HOME What can unemployed and impoverished people do to help each other?
14 The Great Depression Begins The United StatesThe World 1929 The first Academy Awards are presented. The stock market crashes “Century of Progress Exposition” begins. The Twenty-first Amendment ends Prohibition. More than 13 million Americans are unemployed Adolf Hitler takes power in Germany. Japan withdraws from the League of Nations. TIME LINE HOME 1930 Army officers led by José Uriburu seize control of the government of Argentina More than 40% of the nation’s banks fail Japan invades Manchuria Jane Addams shares the Nobel Peace Prize million Americans are unemployed The Bonus Army arrives in Washington, D.C. Franklin Delano Roosevelt is elected president Ibn Sa’ud becomes king of newly-united Saudi Arabia. From prison, Mohandas K. Gandhi leads a protest against British policies in India.
1 The Nation’s Sick Economy Economic problems affecting industries, farmers, and consumers lead to the Great Depression. OVERVIEW ASSESSMENT KEY IDEA GRAPH HOME
1 The Nation’s Sick Economy OVERVIEW As the prosperity of the 1920s ended, severe economic problems gripped the nation. The Great Depression has had lasting effects on how Americans view themselves and their government. MAIN IDEA WHY IT MATTERS NOW TERMS & NAMES HOME Alfred E. Smith Great Depression Black Tuesday buying on margin Dow Jones Industrial Average Hawley-Smoot Tariff Act credit speculation price support ASSESSMENT GRAPH
1 The Nation’s Sick Economy 1. List the causes and effects of the 1929 stock market crash. continued... HOME ASSESSMENT Speculation Buying on margin Falling stock prices Loss of confidence Loss of savings High unemployment Bank failures Stock Market Crash Cause Effect Bankrupt businesses GRAPH
1 The Nation’s Sick Economy 2. How did the economic trends of the 1920s help cause the Great Depression? Think About: ANSWER Industries: Less peacetime demand for goods Agriculture: International demand for crops fell, farmers went bankrupt, and rural banks failed. Consumers: Credit debt proved disastrous when the banks failed. what happened in industry what happened in agriculture what happened with consumers HOME ASSESSMENT continued... GRAPH
1 The Nation’s Sick Economy 3. Judging from the events of the late 1920s and early 1930s, how important do you think public confidence is to the health of the economy? Think About: ANSWER Too much confidence can lead to making unwise decisions, such as taking on too much debt. Too little can lead to money being pulled out of the stock market and banks—triggering a panic. what happened when overconfidence in the stock market led people to speculate and buy on margin how confidence affects consumer borrowing HOME ASSESSMENT End of Section 1 GRAPH
2 Hardship and Suffering During the Depression The Great Depression brings suffering of many kinds and degrees to people from all walks of life. OVERVIEW ASSESSMENT KEY IDEA HOME
2 OVERVIEW During the Great Depression, Americans did what they had to do to survive. Since the Great Depression, many Americans have been more cautious about saving, investing, and borrowing. MAIN IDEA WHY IT MATTERS NOW TERMS & NAMES ASSESSMENT shantytown direct relief soup kitchen Dust Bowl bread line Hardship and Suffering During the Depression
2 1. List the effects that the Great Depression had on farmers and city dwellers. Identify the differences and the similarities. continued... Both Lost jobs, ended up in the streets, built shantytowns, took food from soup kitchens Lost their jobs and homes Lost land, grew their own food, turned to tenant farming FarmersCity Dwellers HOME ASSESSMENT Hardship and Suffering During the Depression
2 2. How was what happened to men during the Great Depression different from what happened to women? children? Think About: ANSWER Men: depressed over changes in their status and inability to provide for their families; wandered the country looking for work Women: forced to take a more active role in the survival of their families by working outside the home Children: stopped going to school, went to work; suffered from malnutrition and diet-related diseases each group’s role in their families the changes each group had to make HOME ASSESSMENT what help was available to them continued... Hardship and Suffering During the Depression
2 ANSWER Eastern cities were covered with dirt blown from the plains. Hundreds of thousands of farm families migrated to California, where unemployment soared. HOME ASSESSMENT continued... Hardship and Suffering During the Depression 3. How did Dust Bowl conditions in the Great Plains affect the entire country?
2 ANSWER The economic problems forced people to make compromises and sacrifices in their goal to be financially secure. HOME ASSESSMENT End of Section 2 Hardship and Suffering During the Depression 4. In what ways did the Great Depression affect people’s outlook?
3 President Hoover tries to restore confidence and halt the Depression, but his actions are ineffective. OVERVIEW ASSESSMENT KEY IDEA MAP HOME Hoover Struggles with the Depression
3 HOME TERMS & NAMES Herbert Hoover Federal Home Loan Bank Act Reconstruction Finance Corporation Bonus Army Boulder Dam ASSESSMENT OVERVIEW President Hoover’s conservative response to the Great Depression drew criticism from many Americans. Worsening conditions in the country caused the government to become more involved in the health and wealth of the people. MAIN IDEA WHY IT MATTERS NOW Hoover Struggles with the Depression MAP
3 Hoover Struggles with the Depression 1. Explain what Hoover said and did in response to the Great Depression. continued... Hoover’s Responses “Any lack of confidence in the economic future…is foolish” Public-works programs Boulder Dam “rugged individualism” HOME ASSESSMENT Federal Farm Board Federal Home Loan Bank Act Reconstruction Finance Corporation Sending of troops against Bonus Army MAP
3 2. How did Hoover’s belief in “rugged individualism” shape his policies during the Great Depression? Think About: ANSWER Hoover’s belief in “rugged individualism” implied limited government intervention and prompted him to take a cautious approach. what his belief implies about his view of people HOME ASSESSMENT how that translates into the role of government Hoover’s policies continued.. Hoover Struggles with the Depression MAP
3 Hoover Struggles with the Depression 3. When Franklin Delano Roosevelt heard about the attack on the Bonus Army, why was he so certain that he would defeat Hoover? Think About: ANSWER The public wanted a leader who would act to relieve its suffering. The attack made Hoover seem uncaring and cruel. Also, the public already blamed Hoover for its suffering, and the attack just confirmed that negative impression of him. the American public’s impression of Hoover HOME ASSESSMENT Hoover’s actions to alleviate the Great Depression how people judged Hoover after the attack End of Section 3 MAP