1. GREAT DEPRESSION

2. STOCK MARKET STOCK –SHARE-PIECE OF A COMPANY
BUY SHARES-BUYING PIECE OF A COMPANY
GOING PUBLIC-OFFER SHARES TO PUBLIC –FIRST TIME

3. Stock Market Share-small piece of a company Buy share Part ownership
Buy low
Sell high

4. I.P.O. Initial Price Offering First time offering to public of shares
Facebook-May 2012
$38.00 a share
Raised 16 billion

5. BUYING ON MARGIN
BUY LOW
SELL HIGH
BUY FOR $1.00
SELL FOR $10.00

6. Buying on Margin MARGIN – BUY ON CREDIT OVERSPECULATION
OVER INVESTING
MARKET BECOMES OVERBLOWN
BALOON-EXPLODES
TOO MUCH MONEY IN MARKET

7. CAUSES FOR CRASH OVER-PRODUCTION-CAUSES PRICES TO DROP
BUYING ON MARGIN
BUYING ON CREDIT-CAN’T PAY
ADVERTISING-PEOPLE HAD TO OWN THINGS
CAN’T PAY
NO GOV’T PROTECTION

8. BLACK TUESDAY OCTOBER 29, 1929 30 BILLION LOST IN STOCK MARKET
COUNTRY FALLS INTO “GREAT DEPRESSION”
GOV’T MUST GET INVOLVED

10. LIFE DURING DEPRESSION
PEOPLE LOST HOMES
JOBS
FAMILIES
HOOVERVILLES-HOMELESS LIVE IN SHACKS IN PUBLIC PARKS
HOOVER BLAMED FOR DEPRESSION

15. DUST BOWL FARM PRICES DROP EXTREME DROUGHT DRIES UP LAND
OVERPRODUCTION
NEW TECHNOLOGY
EXTREME DROUGHT DRIES UP LAND
DUST COVERS AND KILLS CROPS
FARMERS LOOSE EVERYTHING
LOOK TO GOV’T FOR HELP

18. ESCAPING THE DEPRESSION
MOVIES-ESCAPE FANTASY
WIZARD OF OZ
SNOW WHITE

21. John Steinbeck “The Grapes of Wrath”-1939 Tom Joad-Dust Bowl
Starving and out of work
Leave Oklahoma for California
“Okies”
Desperation and commitment of the people
During the Depression

22. HOOVER’S PLAN AGAINST FEDERAL AID STATE GOV’T AMERICAN’S TOO PROUD
BLAMED FOR EVERYTHING

23. FRANKLIN ROOSEVELT 1882-1945 WEALTHY NEW YORK FAMILY
1921-POLIO-CRIPPLED FOR LIFE
NEVER HELD HIM BACK

27. F.D.R. 1928-GOVERNOR OF NEW YORK ELECTED PRESIDENT NOVEMBER 1932
GET GOV’T INVOLVED
CREATE JOBS
BRING RELIEF FROM DEPRESSION

28. THE NEW DEAL FDR’S PLAN TO GET OUT OF DEPRESSION “TRIAL AND ERROR”
GET GOV’T INVOLVED
CREATE JOBS
USING “TRIAL AND ERROR”

29. FDR’S ADMINISTRATION OPEN TO NEW IDEAS SPOKE TO THE PEOPLE
“FIRESIDE CHATS”-RADIO SPEECHES

31. THE NEW DEAL FDR TAKES ACTION TO BRING RELIEF TO DEPRESSION
‘FIRST HUNDRED DAYS”
-CONGRESS PASSES 15 MAJOR ACTS TO HELP AMERICANS
RELIEF FROM GREAT DEPRESSION

32. BANK HOLIDAY BANK HOLIDAY-CLOSES BANKS PUTS MONEY BACK IN BANKS
PREVENTS “RUN ON BANKS”
PEOPLE TAKE OUT ALL THEIR MONEY
PUTS MONEY BACK IN BANKS
RESTORES FAITH IN BANKING AGAIN
GETS COUNTRY RUNNING AGAIN

34. THREE R’S
RELIEF-MONEY
RECOVERY-JOBS
REFORM-CHANGE

35. SECURITIES EXCHANGE COMMISSION
S.E.C.-REGULATES THE STOCK MARKET
POLICE FORCE FOR INVESTORS
JOE KENNEDY FIRST CHAIRMAN
“TAKES A THIEF…

36. FEDERAL DEPOSITORY INSURANCE CORP.
F.D.I.C.
INSURE MONEY IN THE BANK
RESTORE FAITH IN BANKS
BANKS GET MONEY
MAKE LOANS

37. FARMERS AGRICULTURAL ADJ. ACT-AAA. FARMERS OVERPRODUCE
PAY FARMERS NOT TO PRODUCE
PRICE STAYS UP
HELP FARMERS

38. NEW DEAL CONT. C.C.C.-CIVILIAN CONSERVATION CORP.
JOBS TO YR. OLD MEN
PLANTING TREES
BUILDING RESERVOIRS
$30.00 A MONTH
3-MILLION JOBS

41. NATIONAL RECOVERY ADMINSTRATION
N.R.A.-BUSINESS JOINED ASSOC.
SET PRICES AND PUSHED BUSINESS FORWARD
UNCONSTITUTIONAL

43. OPPOSITION TO FDR CREATING A WELFARE STATE TAKING AWAY STATES RIGHTS
PEOPLE DEPENDENT ON GOV’T
TAKING AWAY STATES RIGHTS
FEDRAL GOV’T CONTROLS EVERYTHING
DEFICIT SPENDING-SPEND MORE THAN THE FED. GOV’T HAS
HAD TO PAY FOR THESE PROGRAMS
TAXES

44. WAGNER ACT-1935 WORKERS THE RIGHT TO
ORGANIZE UNIONS
STRIKE IF NEEDED
COLLECTIVE BARGAIN
1939-UNIONS GROW TO 9 MILLION MEMBERS
WORKERS GAIN MORE RIGHTS UNDER F.D.R.

45. SOCIAL SECURITY RETIREMENT PLAN RETIRE AGE 65 PAY INTO IT
GOV’T SHOULD BE RESPONSIBLE FOR WELFARE (safety) OF PEOPLE

46. OPPOSITION TO S.S. CREATING “WELFARE STATE” FEEL LIKE A NUMBER
RUNNING OUT OF MONEY
MEDICINE-LIVING LONGER
PUSH RETIREMENT AGE BACK
BABY BOOMERS-76 MILLION BORN
LEGACY OF NEW DEAL

47. VARIOUS TYPES RETIREMENT DISABILTIY SURVIVORS MEDICARE AGE 65
HURT CAN NOT WORK
SURVIVORS
DEATH MONEY EARNER
MEDICARE
CARE OVER 65

52. COURT PACKING SCHEME 1936-SUPREME COURT N.R.A. UNCONSTITUTIONAL
FDR WANTS 6 MORE JUSTICES
PACK COURT WITH SUPPORTERS
FDR “TOO POWERFUL”

55. T.V.A. PROVIDE ELECTRICITY TO TENNESSEE AND REST OF SOUTHERN STATERS
HELP POOR
BRING THE SOUTH INTO 20TH CENTURY

59. NEW DEAL AND AF. AM. NOT DO MUCH FOR BLACKS DOES SOMETHING
LOSE SOUTHERN DEMOCRATS SUPPORT

60. LEGACY OF NEW DEAL GOV’T NOW INVOLVED “SAFETY NET” FOR PEOPLE
NOT TAKE US OUT OF DEPRESSION
WORLD WAR II.
WELFARE STATE
COMPARED TO FDR