Spring 2014.  The Wall Street Crash of 1929, also known as Black Tuesday, began in late October 1929 and was the most devastating stock market crash.

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Presentation transcript:

Spring 2014

 The Wall Street Crash of 1929, also known as Black Tuesday, began in late October 1929 and was the most devastating stock market crash in the history of the United States.  On this day, millions of stocks were sold as people frantically tried to get out of the market.  People went bankrupt and businesses closed overnight.

 Herbert Hoover  Easily won the Republican nomination, despite having no elected-office experience.  strongly in the Efficiency Movement

 A "Hooverville" is the popular name for shanty towns built by homeless people during the Great Depression.  They were named after Herbert Hoover, who was President of the United States during the onset of the Depression and widely blamed for it.

 What do you know about me?

 Democrat.  New Deal Program to get Americans employed  3 Rs": Relief, Recovery, and Reform. That is Relief for the unemployed and poor; Recovery of the economy to normal levels; and Reform of the financial system to prevent a repeat depression.

 Tennessee Valley Authority (TVA) is a federally owned corporation in the United States created by congressional charter in May 1933 to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley.  Dams, Nuclear Power, Fossil Fuel Plants.

 Is a foundational statute of US labor law which guarantees basic rights of private sector employees to organize into trade unions, engage in collective bargaining for better terms and conditions at work, and take collective action including strike if necessary.  AKA National Labor Relations Act of 1935.

 What is it’s purpose?  Tax deposits are collected by the Internal Revenue Service (IRS) and are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund which comprise the Social Security Trust Funds.  Started in 1935.

 Humanitarian.  Civil Rights Activist.  Women’s Rights Activist.  First Lady to FDR.

 Gov. Louisiana ( ).  Senator assassinated.  Populist.  Democrat.  Public Works programs, schools/colleges, hospitals.

 AKA Court Packing Bill.  Many of FDR’s programs were declared unconstitutional.  FDR wanted to add more justices to the U.S. Supreme Court.  Roosevelt's purpose was to obtain favorable rulings regarding New Deal legislation that the court had ruled unconstitutional.  Plan Fails.

 Passed in response to the growing turmoil in Europe and Asia that eventually led to World War II.  Untimely, Fails because we enter WWII.