Download FDR`s New Deal Programs

Causes of the Great
Depression:
’20s Boom  Stock
Market Crash of 1929 
ripple effect
Great
Depression,
1929-1941
(What did it
“look like”?)
How to combat the
Great Depression?
- Hoover’s response
- FDR’s response,
& Effects on USA
The 1930s / The Great Depression
(Chapters 15-16)
ODE STANDARD: The Great Depression was caused, in part, by the federal government’s monetary policies, stock market speculation,
& increasing consumer debt. The role of the federal government expanded as a result of the Great Depression.
POLITICAL
ECONOMIC
SOCIAL
Effects
Causes
Roaring ’20s BOOM
• unequal distribution of income
• personal debt
• risky investment  stock market
speculation & buying on the margin
• overproduction
• artificially inflated stock prices
• FED limited money supply
• farmers struggling  couldn’t pay
loans, farms foreclosed by banks
Stock Market Crash, 10/29/29
• 16 million+ shares sold
Ripple effect through economy
• bank runs & bank failures 
FED did not intervene to help banks
(& banks couldn’t lend $$)
• layoffs, less spending, etc…
Great Depression,
1929-1941
Economic Activity in the US
No One Knew It Was Going
To Be THIS Bad
A Normal Business Cycle