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Transcript
“It came with a speed and ferocity that left
men dazed.”
Crash and Depression
Key Terms
• Business Cycle
-span in which the country grows and then
contracts
• Dow Jones Industrial Average
• Hoovervilles
• 21st Amendment
• Hawley-Smoot tariff
Section 1- The Stock Market Crash
of 1929
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Market was up as high as 381 pts Sep. 1929
The market began to fall, why?
When the DJIA dropped what happened?
Terrible Thursday, prices still fell rapidly more
investors sold out, Oct 24
• Black Tuesday- Oct. 29, the Great Crash,
total losses were around $30 Billion
Pg. 508-509
• The crash affected?
• Unemployment and bank failures, why?
• An underlying cause of the Great
Depression?
Pg. 510-513
Rise of the FBI- J. Edgar Hoover
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First Director of FBI
Public Enemies
Sexuality
Death
Depression Era GangstersPretty Boy Floyd- Charles Floyd
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Age 18- $3.50
5 years
The nickname
Kansas City Massacre
Death by murder in Ohio?
Baby Face Nelson- Lester Gillis
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Age 12, accidental shooting?
Nickname
Escaped
Helped Dillinger escape?
Little Bohemia Lodge
Death in Illinois, 17 bullets
Bonnie Parker and Clyde Barrow
• First meeting
• Robbing and killing
• The end of the duo, overkill in Louisiana
John Dillinger
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Early trouble with the law
10 years stealing, thanks dad
Bank robberies
Wooden gun escape
Women in Red- Anna Sage
Social Effects of the Depression
• Hoovervilles
• Farmers
• Dust Bowl?
• Starvation, anxiety, poor health
Pg. 514-515
• Discrimination increased
• Loss of jobs?
• Many were sent back to their countries
• Great Migration?
“We do not dare to use even a little soap,
when it will pay for an extra egg or a few
more carrots for our children.” An
unemployed father in Oregon.
Pg. 517
Surviving the Great Depression
• People during the Depression stopped
buying on credit
• Farmers lost farms
• Penny Auctions?
Pg. 520-521
• Humor?
• The 21st Amendment
• Effect on gangsters/crime?
Pg. 522
The Election of 1932
• Hoover blamed for Depression
• Bonus Army- 20,000 WWI vets and
families who camped in Washington DC
• 1945 pension
Pg. 526-527
• As Gov of NY Franklin Roosevelt worked
hard for relief for the homeless
• Election of 1932 FDR(D) against Hoover (R)
• The election’s biggest issue: responsibilities
of the Federal Gov.
pg. 528
THE NEW DEAL
“So first of all let me assert my firm belief that
the only thing we have to fear is fear itself”
A New Deal
• New Deal- Relief, Recovery, Reform
• National Debt- Total amount of borrowed
money the federal gov has yet to pay back
• First Hundred Days?
• “Bank Holiday”- inspect the financial health
of the banks
• Glass-Steagall Banking Act 1933; FDIC
Federal Depositors Insurance Company
pg. 537
Relief for the Jobless
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Public Works Programs
Civilian Conservation Corps
National Industrial Recovery Act
FDR helped farmers and homeowners by
giving financial assistance, HOLC and AAA
• 1st President to appoint a woman
to a Cabinet post
Pg. 540-541
• Wife Eleanor was a big help
• “Brain Trust”- an informal group of
intellectuals who helped devise New Deal
Policies
• “Black Cabinet”- unofficial group of African
American officeholders
• New Deal falters
Pg. 540-542
Second New Deal
• New and Expanded Agencies
• Works Progress Administration
• Social Security Administration, how are we
affected today?
• 1936 Election- FDR and Alfred Landon
Pg. 543-544
Section 2- New Deal’s Critics
• Women- New deal did not protect
domestic service; largest female
occupation
• “give us some hours to rest in and some
Sundays off and pay us more wages”
• “…There is nothing that can be done…to
help you and others in this kind of
employment.”
Pg. 546
• Father Coughlin
• Huey Long
• Demagogues- leaders who manipulate
with half truths and scare tactics
• Supreme Court Packing?
Pg. 547-548
Section 3- Last Days of the New
Deal
• Labor Unions- grew stronger under the
New Deal
• Sit-down strikes- Supreme court outlawed
them in 1939, they were too successful
• New Deal has effects on the culture
• Literature- Their Eyes were watching God
1937, Grapes of Wrath 1939
Pg. 554-556
• Radio and Movies- Jack Benny, George
Burns, Gracie Allen; provided a temporary
escape for struggling Americans
• Tin Pan Alley?
• Lasting Achievements- Many New Deal
agencies, bridges, dams, and buildings
exist today
Pg. 558-559