Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download The Great Depression Objective:
Document related concepts
Transcript
The Great Depression Objective: Black Tuesday & the Great Crash __________________________ –__________________stock prices (way too fast) plummeted to ____________________– ____________ stock prices business community with big profits investors tried to sell their stocks before prices fell any lower too many selling stock market collapsed! Dropped $30 billion in 1st week! The Bank _____________________because of stock investments banks _______________ people _________________& rushed to withdraw their money banks don’t keep a lot on hand, they __________________ banks closed Causes of the Great Depression _______________________________– production exceeded consumption & surpluses piled up global trade problems – world trade _____________________(Europe recovering from _______________) not a lot of aid the __________________________ President Hoover thought that relief and recovery should come largely through ______________________________rather than federal efforts created the RFC (_______________________________________) – direct relief to unemployed; loaned money to railroads and banks __________________________________to stimulate the economy did not realize how severe the depression was Election of 1932 ___________(NY governor/D) vs. _________________(U.S. President/R) FDR won Roosevelt promised _____________________________________________ A ____________________for the American people with ________________ ___________________ The New Deal federal govt. approved and financed ________________that battled the depression How did they afford this? _________________________ _________________________ Farmers as prices bottomed out, many farmers ________________________________________________________ without income, they could not repay their house and land loans banks _________________________________________________________ If things weren’t bad enough, ________________________________! ____________________________ – dust storms on the Great Plains families ____________________________ for a new life (to California) Family Life divorce rates ____________________, marriage & birth rates decreased men left their families (some in search of _____________) children __________________________________ to help make money (hoboes) food lines (aka soup kitchens/breadlines) – fed the poor Summary:
