1. Good morning! Please get out your… Major Themes sheet
Chart on the causes & impacts of the Great Depression
Guided Notes sheet from last class
Any notes you took from the homework.
Be prepared for a brief quiz.

2. Paper 2 Part A Practice Quiz
You will need a ½ sheet of paper.
Using a partner & your notes, outline a response to the following question:
Why was there a great crash of the US stock market in October of 1929?
Be prepared to share and turn in your work.
See other Cambridge questions from Guided Notes sheet.

3. End Four Minutes First Four
Think of a time when your life changed dramatically. How did you react to this change?
To change the timings of this timer, you need to enter the animation settings, and change the timings for the Isosceles Triangles. There will be 2 that need changing (to the same amount) – one animates the top triangle emptying, whilst the other animates the bottom triangle filling.
When you change the timings these have to entered as a number of seconds.
End

5. Four Minutes
First Four Should the national government help people in times of severe economic crisis? What would be the benefits of this, and what might be the pitfalls?
To change the timings of this timer, you need to enter the animation settings, and change the timings for the Isosceles Triangles. There will be 2 that need changing (to the same amount) – one animates the top triangle emptying, whilst the other animates the bottom triangle filling.
When you change the timings these have to entered as a number of seconds.
End

6. I see, I think, I wonder…

7. The Great Depression & The New Deal

8. Unit 4
How do we react to change?
Great Depression & The New Deal

9. Guiding Question #1
How great was the impact of the Great Crash and the Great Depression on the USA?

10. 1920s had been a time of great prosperity!
GQ#1 - How great was the impact of the Great Crash and the Great Depression on the USA?
The
Jazz Age
Harlem
Renaissance
1920s had been a time of great prosperity!

11. Why Such Prosperity in 1920s?
Access to electricity
Mass production of new products
Lower taxes after the war
Republican control after Progressive Era & WW I
Laissez-Faire, Higher Tariffs
Widespread use of credit
Installment plans
Buying on margin

12. Why Such Prosperity in 1920s?
Stock Market & Buying on Margin
Bull/Bear Market
Role of Banks – speculators
Superficial prosperity?

14. 1929 Warnings Stock Inflation Overproduction Farm Crisis
Stock market value from $27B to $87B
Overproduction
Farm Crisis

15. Collapse Black Thursday – Oct. 24, 1929 Black Tuesday – Oct. 29
Effects?
Investors – loss of $30 B
Banks
Public
Businesses
Workers

16. CAUSES OF THE GREAT DEPRESSION LAISSEZ-FAIRE POLICIES of 1920s
OVER PRODUCTION
DISPARITY OF WEALTH
CAUSES OF THE GREAT DEPRESSION
LAISSEZ-FAIRE POLICIES of 1920s
STOCK MARKET CRASH
OVERUSE OF CREDIT
WAR PAYMENTS &
TRADE IMBALANCE
TARIFFS

17. Class website: Unit 5 subtab “Impacts of GD”
GQ#1 - How great was the impact of the Great Crash and the Great Depression on the USA?
Class website: Unit 5 subtab “Impacts of GD”
What were the impacts?
Categories? Specifics?
Which were most significant & why?

18. Impacts of the Great Crash & Great Depression
Economic
Social
Political

19. Effects of Depression Unemployment Massive poverty Businesses closed
1.2 m m 1932
Massive poverty
Businesses closed
5,500 banks closed
GNP from $104 B to $59 B
Farm Prices down 60%
25% unemployment
Depression/suicide

20. Effects of Depression Immigration? Political parties? Laissez-Fare?
International involvement?
Families?

22. So what? How does the US government respond to this great crisis?
President Hoover vs. FDR

23. Compare/contrast the philosophy of each.
GQ#2 - How effective were the strategies used by Presidents Hoover and Roosevelt to deal with the domestic problems facing the USA in the 1930s?
Compare/contrast the philosophy of each.
Create a Venn diagram
Read speech excerpts. Use pp , as needed – how do they compare?
Be prepared to discuss with the class

24. Herbert Hoover Philosophically Opposed Bold response But…
1932 Reconstruction Finance Corporation
Public Works
Home Loan Bank Act
Effects
But…
Called for tax hike in 1931
Hawley-Smoot Tariff
Opposed Unemployment Ins.
Bonus Army

27. Paper 2 Part A
Why did President Hoover struggle to deal with the impact of the Great Crash?

28. 1932 Election
Candidates
Philosophies

29. Shift in power to whom?

30. Franklin D. Roosevelt Philosophy & Goals Brain Trust The Hundred Days
“The only thing we have to fear is fear itself.”
Relief
Recovery: industrial & agriculture
Reform
Brain Trust
Rejected laissez-faire
Competition of ideas
Eleanor Roosevelt
The Hundred Days