Download -The Dust Bowl during the Great Depression led to widespread

-The Dust Bowl during the Great Depression led to widespread migration, including
200,000 people who moved to California, most arriving with no money, family, or
resources.
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-Economic conditions that led to the Great Depression began in the early 1920s, but
most people think of the stock market crash of 1929 as the start of the Great
Depression.
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-The Great Depression lasted from 1929 to 1941 and only ended with America’s entry
into World War II.
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-Franklin D. Roosevelt’s New Deal programs employed hundreds of thousands of
workers, many who were unskilled. One of the most famous New Deal programs was
the Civilian Conservation Corps (CCC), and these workers are credited improving
dozens of US National Parks.
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-Drought conditions of the Dust Bowl were prevalent in most of the years of the Great
Depression, but the term was actually coined in April 1935. -At its highest point during
the Great Depression, unemployment was 25% in 1933.
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The Federal Deposit Insurance Corporation (FDIC) was formed in 1934, to ensure
bank deposits and restore Americans’ confidence in banking.
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-Before the start of the Great Depression, there were 25,000 banks in the United States.
By 1933, almost half of those banks (11,000) had failed.
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-When Dust Bowl conditions devastated farmers, many defaulted on their bank loans,
which helped lead to widespread bank failure.
-President Franklin D. Roosevelt steered America through most of the Great
Depression years, taking office in March 1933, and serving four terms, dying in office
in April 1945.
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-President Roosevelt (FDR) dedicated his first 100 days in office in 1933 to addressing
America’s economic distress, with aggressive lawmaking and aid programs, all of
which Congress passed.
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-Europe’s slow recovery from World War I contributed to a global recession in the
1920s and 1930s that added to the Great Depression’s reach in the United States.
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-Panic was rampant during the Great Depression years, including Americans curtailing
all unnecessary spending and starting runs on banks, which led to President Franklin D.
Roosevelt’s famous line, “Only thing we have to fear is fear itself.”
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-At its highest point during the Great Depression, unemployment reached 25% (in
1933).
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-Social Security, a program that continues to this day, was introduced by Franklin D.
Roosevelt in the midst of the Great Depression.
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-The “Roaring Twenties” weren’t roaring for everyone. By 1929, 1% of Americans
controlled 40% of the wealth in this country.
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-Tuesday, October 29, 1929 is known as Black Tuesday because of the plunge the
stock market took, and it largely symbolizes the start of the Great Depression, though
the economy had been in decline for at least six months prior to that date.
– The Federal Deposit Insurance Corporation (FDIC) was formed in 1934 to insure
deposits in banks and restore customers’ faith in the American banking system.
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-The Dust Bowl years spanned 1930-1936, when a million acres of farmland across the
Plains became worthless due to severe drought and overfarming.
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-After the stock market crash in 1929, it took 27 years to reach pre-crash levels.
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-In 1939, the unemployment rate in America had dropped from a high of 25% to 15%,
largely due to the New Deal programs introduced by Franklin D. Roosevelt.
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-Hoovervilles were the catchphrase for the shantytowns that cropped up across the
United States, as homeless Americans improvised with scraps, abandoned cars, and
packing crates.
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-The Great Depression began in 1929 and ended in 1941 when America prepared to
enter World War II.
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-Photos of the Great Depression depict farmers coping during the Dust Bowl years,
FDR work programs, and people standing in line at soup kitchens.
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-Franklin D. Roosevelt’s “First Hundred Days” took place in March, April, and May of
1933 and marked his attempt to stem the economic bloodbath that the Great
Depression had become.
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-Herbert Hoover, the 31st President of the United States, served from 1928-1932, and
many economists cite his lax monetary and fiscal policies as a cause of the Great
Depression.