The Great Depression SS5H5. a. Discuss the Stock Market Crash of 1929, Herbert Hoover, Franklin Roosevelt, the Dust Bowl, and soup kitchens. The Stock.

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The Great Depression SS5H5

a. Discuss the Stock Market Crash of 1929, Herbert Hoover, Franklin Roosevelt, the Dust Bowl, and soup kitchens. The Stock Market, a place where many people bought, or invested into businesses, crashed, or lost lots of money. People could not get their money back (1929). Because businesses started to shut down, many people became unemployed

Dust Bowl A year after the crash, the Great Plains was in a drought, turning the area into the Dust Bowl Because of the drought, many farmers couldn’t pay their loans to the banks, causing them to lose their farms, and for banks to go bankrupt, causing even more people to lose their jobs

Dust Bowl (1930)

Questions?????? Why did people lose money when the Stock Market Crashed? What caused the Dust Bowl? Why was unemployment so high during the Great Depression? (Hint: we talked about 3 groups who lost jobs during the Great Depression)

Herbert Hoover Herbert Hoover was the President at the start of the Great Depression Many American blamed him for not having the federal government help struggling Americans Hoover believed that people should help themselves, and that the federal government should only help businesses

Soup Kitchens With little help coming from the government, social organizations and charities started soup kitchens to help feed the unemployed and homeless

Franklin Roosevelt With the economy getting worse, Americans elected Franklin Roosevelt as the new President in 1932 Roosevelt's plan to help the country and strengthen the economy was called the New Deal!

QUESTIONS???? SS5H5a How did the 1929 stock market crash affect the United States economy in the 1930s? A. Unemployment reached its highest level in United States history. B. Stock prices were higher than investors could afford. C. Congress voted to reject New Deal policies. D. Agriculture replaced manufacturing as the primary industry. The Great Depression that began in 1929 hit farmers especially hard. Farmers had not been doing well in the 1920s and several years of severe drought turned the land into a “dust bowl.” What was an immediate result of this? A. Many farmers decided to grow crops that did not use as much water. B. The government helped farmers by buying their land and equipment. C. Many farmers and their families lost their farms and moved west. D. The government built large dams in the West for irrigation. SS5H5b President Franklin Roosevelt won the election of The country was in the Great Depression, and Roosevelt introduced the New Deal. Which was the most important goal of President Franklin Roosevelt’s New Deal programs? A.to strengthen the economy B. to end racial discrimination C. to avoid going to war D. to improve public education