2 LEQ: Why did the Great Depression happen? Drill:What happens to companies when consumers stop spending money?
3 Causes of Great Depression Recession of 1929 caused by a fall in spending- Recession – a significant decline in economic activity- Fall in demand for durable goods = expensive and last;Example: House, Car- Businesses cut back production = workers lose jobs = no $ = no spending
4 Causes of Great Depression Stock Market Crash of October 24th 1929- Corporations sold and people invested in stocks (having a share in the company)- During the 1920s stocks were profitable because businesses were growing- With the Recession stocks began to loose value as a result therewas a rush to sell stocks
5 Causes of Great Depression Chaos in the banking system- banks tried to collect on loans made to stockmarket inventors but their stocks had little to no value- when word spread that banks could not collect depositors rushed to withdrawal their savings
6 Unit 6: The Great Depression UEQ: How did government respond to the Great Depression? What was the impact on the lives of Americans?LEQ: How did the Great Depression impact American lives and what should the government do to help?Drill:What caused the Great Depression?
7 Economic TermsGross National Product (GNP) - is a measure of a country's economic performance, or what its citizens produced (i.e. goods and services) and whether they produced these items within its bordersTrough – The lowest point in an economic cycle
8 Unit 6: The Great Depression UEQ: How did government respond to the Great Depression? What was the impact on the lives of Americans?LEQ: What did President Hoover do to end the Depression? What is your analysis of his efforts?Drill:In your opinion does the U.S. government have a responsibility to help Americans in times of economic/financial hardship? ExplainHerbert Hoover
9 Unit 6: The Great Depression UEQ: How did government respond to the Great Depression? What was the impact on the lives of Americans?LEQ: If you were the editor of a major paper how would you present the story of the Great Depression?Drill:What is the most important thing to share with the public in regards to the Great Depression?Herbert Hoover
10 LEQ: Who was FDR and what was the New Deal? Unit 6: The Great DepressionUEQ: How did government respond to the Great Depression? What was the impact on the lives of Americans?Drill:How does government help people during an economic crisis? What sort of programs or assistance comes to mind?
11 FDR 32nd President, Franklin Delano Roosevelt; Democrat Elected to four terms ( )“can-do” attitude, friendly, confidentFireside Chats – radio talks about issues of public concern explained clearly and simply by FDRContracted Polio in 1921
12 The New DealProgram designed to alleviate the problems of the Great DepressionFocused on three general goals:1. relief for the needy: immediate assistance to help w/ necessities of life2. economic recovery: policy/program to promote growth3. financial reform: policy/program designed to make sure G.D. doesn’t happen again
13 Executive Ordersa rule or order issued by the president to an executive branch of the government and having the force of lawdo not require Congressional approval to take effectFDR issued more Executive Orders than any other president = 3,728
14 LEQ: How did the New Deal affect Americans? Unit 6: The Great DepressionUEQ: How did government respond to the Great Depression? What was the impact on the lives of Americans?LEQ: How did the New Deal affect Americans?Drill:Why do you think “Migrant Mother” was effective in persuading people to support FDR’s relief programs?“Migrant Mother” (1936) by Dorothea Lange
15 Affects of the New Deal American Women African Americans Mexican AmericansNative Americans
16 Impact of the New Dealbalance of power between the Presidency and Congress shifted with the President gaining significant powerestablished welfare state programs such as Social Security strengthened the Democratic Partyexpanded government agencies that would protect various groups of citizens – workers, farmers, and others