The Great Depression

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The Great Depression

• How and why did this happen?

2
Standards and EQ

• SSUSH17 The student will analyze the causes and
  consequences of the Great Depression
• EQ How are todays economic climate and the
  economic climate of the 1930s related?

3
Election of 1928

• United States presidential election, 1928 -
  Wikipedia, the free encyclopedia
• The US felt that they were in store for more
  great things.

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End of the Roaring 20s

• 1. Large companies and rich families possess
  most of the countries wealth
• 2. Buying on Credit
• 3. Margin buying of stock
• 4. overproduction
• 5. Crop prices fall
• 6. The USA has to bail out Europe from debt

5
Depression sets in

• These factors led to the onset of the Great
  Depression which analysts argue began on October
  29, 1929.
• Black Tuesday - Wall Street Crash of 1929 -
  Wikipedia, the free encyclopedia
• The market lost about 50 of its value.

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This man lives in this?
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Doesnt this look like a junkyard?
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These places were called Hoovervilles
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What is a Hooverville?
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Why did the people call these Hoovervilles?
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What are these people doing?Will this happen
again? Why or why not?
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Imagine losing everything in one day.
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Some people went from mansions to this in a mere
day or two
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What measures have been taken to prevent this
from happening?
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Quite possibly the most famous great depression
pic. What essence does this picture capture?
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Dust Bowl

• The drought conditions of the Midwest perpetuated
  the problems in America during the time period.
• Dust Bowl - Wikipedia, the free encyclopedia
• Please read about the Dust Bowl and understand
  its effects.

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Hoovers response

• http//www.ushistory.org/us/48d.asp RFC
• http//www.ushistory.org/us/48c.asp - Bonus Army
• Please read about the Hawley Smoot tariff and the
  Bonus Army on the link and understand the events.

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Election of 1932

• United States presidential election, 1932 -
  Wikipedia, the free encyclopedia