Title: Unit III
1Unit III A Modern Nation
- Chapter 11 The Great Depression Begins
- Section 2 Americans Face Hard Times
2The Roaring Twenties Come to an End 0253
3The Great Depression Hits the United States
0324
4Homeless People on the Road
5Eating in a Breadline
6Life in the Depression
7Life in the Depression
8The Great Depression in America 0430
9Americans Face Hard Times
- The Main Idea
- The Great Depression and the natural disaster
known as the Dust Bowl produced economic
suffering on a scale the nation had never seen
before. - Reading Focus
- How did the Great Depression develop?
- What was the human impact of the Great
Depression? - Why was the Dust Bowl so devastating?
10Causes of the Great Depression
- 1) The Stock Market Crash of 1929- a trigger.
- 2) Unequal distribution of Wealth. False
prosperity (A maldistribution of purchasing
power). - 3) Overproduction and over dependence on mass
production. - 4) Unemployment
- 5) Speculation in Stock Market- buying on margin
and cheap money - 6) Banking crisis.
- 7) Trade collapse
- 8) Republican Party
- 9) Federal Reserve and Money system
- 10) Lack of diversification.
- 11) Post war deflationary procedures.
- 12) The Credit structure.
11Great Depression by the Numbers
- After the stock market crash, economic flaws
helped the nation sink into the Great Depression,
the worst economic downturn in history. - The stock market collapse strained the resources
of banks and many failed, thus creating greater
anxiety. - In 1929 banks had little cash on hand and were
vulnerable to runs, or a string of nervous
depositors withdrawing money. Not all Americans
invested but most all had money in savings. - A run could quickly drain a bank of all its cash
and force its closure. - In the months after October 1929, bank runs
struck nationwide and hundreds of banks failed,
including the enormous Bank of the United States. - Bank closures wiped out billions in savings by
1933.
Today, insurance from the federal government
protects most peoples deposits, and laws today
require banks to keep a large percentage of their
assets in cash to be paid to depositors upon
request.
12Farm Failures
- The hard times farmers faced got worse during the
Great Depression, when widespread joblessness and
poverty cut down on the demand for food as many
Americans simply went hungry. - By 1933, with farmers unable to sell food they
produced, farm prices had sunk to 50 percent of
their already low 1929 levels. Farmers
overproduced, surpluses went up and prices went
down. - Lower prices meant lower income for farmers, and
many borrowed money from banks to pay for land
and equipment. - As incomes dropped, farmers couldnt pay back
their loans, and in the first five years of the
1930s, hundreds of thousands of farms went
bankrupt or suffered foreclosure. 1933- over
364,000 foreclosures
Foreclosure occurs when a lender takes over
ownership of a property from an owner who has
failed to make loan payments.
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14Unemployment
- The year following the crash of October 1929 saw
a sharp drop in economic activity and a steep
rise in unemployment. - Such negative trends are not uncommon in times of
economic downturn, but the extent and duration of
these trends made the Great Depression different. - By 1933 the gross national product dropped over
40 percent from its pre-crash levels. - Unemployment reached a staggering 25 percent, and
among some groups the numbers were even higher - In the African American neighborhood of Harlem,
for example, unemployment reached 50 percent in
1932.
15Development of the Great Depression
- Unemployment
- 1929-1930 steep rise in unemployment which would
last a long time. - 1933- GNP dropped more than 40
- 1933- unemployment was at 25.
- Black areas were higher- Harlem up to 50
16The Development of the Great Depression
- How did the Great Depression develop?
- Explain- How did people with money in banks end
up losing their savings? - Design What could banks have done to prevent
failure as a result of runs?
17The Human Impact of the Great Depression
18Welcome to Hooverville (0622)
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21The Human Impact of the Great Depression
- Thousands applying for every job.
- People begged from door to door.
- Soup kitchens and Bread lines.
- 1930s- no federal programs to provide food or
money to the poor. - Local Charities, municipal and state govt
provided relief. - 1932 on 1 in 4 families needing unemployment
relief got any. - People lost their homes- eviction and
foreclosure. - Hoovervilles- Shantytowns for the homeless.-
Ramshackle, leaky and drafty - No running water or electricity
- Unemployed males were idle and desperate.
- Emotional Toll- personal failure, pride, anger
22The Human Impact of the Great Depression
- Hoboes
- Mostly men- unskilled migratory laborer, an
itinerant and seasonal worker. - Mostly white, American born, and able bodied.
- Hopped trains to travel from town to town-
Illegal, dangerous and hired Bulls. - Beg or stole food.
- System of sign language.
- Families sometimes broke under the strain of
poverty and homelessness. Many left their
families behind.
23The Emotional Impact of the Depression
- The Great Depressions worst blow might have been
to the minds and spirits of the American people. - Though many shared the same fate, the unemployed
often felt that they failed as people. - Accepting handouts deeply troubled many proud
Americans. Their shame and despair was reflected
in the high suicide rates of the time. - Anger was another common emotion, because many
felt the nation had failed the hardworking
citizens who had helped build it.
24The Human Impact of the Great Depression
- What was the human impact of the Great
Depression? - Identify- Who provided relief to the poor during
the Great Depression? - Describe How did the Great Depression affect
the minds and spirits of Americans? - Make Judgments- Considering the dangers, why do
you think some young men became hoboes rather
than try to find a place to settle?
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26Devastation in the Dust Bowl
- Nature delivered another cruel blow. In 1931 rain
stopped falling across much of the Great Plains
region. - This drought, or period of below average
rainfall, lasted for several years, and millions
of people had fled the area by the time it
lifted. - Agricultural practices in the 1930s left the area
vulnerable to droughts. - Land once covered with protective grasses was now
bare, with no vegetation to hold the soil in
place. - When wind storms came, they stripped the rich
topsoil and blew it hundreds of miles. The dust
sometimes flew as far as the Atlantic Coast. - Dust mounds choked crops and buried farm
equipment, and dust blew into windows and under
doors. - The storms came year after year, and the hardest
hit areas of Oklahoma, Kansas, Colorado, New
Mexico, and Texas eventually became known as the
Dust Bowl.
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28Devastation of the Dust Bowl
- Great Plains Drought- 1931
- Dust storms
- brought on by years of careless agriculture
practices. - Wind storms stripped away topsoil and blew it for
hundreds of miles. - Drifts choked crops, buried farms and blew into
homes. - Dust Bowl
29America in the 1930s The Dust Bowl 0102
30Fleeing the Plains
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34Devastation of the Dust Bowl
- Migration
- Fleeing the Plains- Okies
- People quit, packed up and moved.
- End of 1930s- 2.5 million left.
- Headed west on Route 66 to California and migrant
farm camps. - Met by resistance and discrimination.
- Grapes of Wrath- book
35Migration the Dust Bowl
417 min.
36Devastation in the Dust Bowl
- Why was the Dust Bowl so devastating?
- Define- What was the Dust Bowl?
- Recall What caused the Dust Bowl?
- Evaluate Why do you think people in California
were hostile to migrants from the Great Plains? - Recall Who were John Steinbeck and Woody
Guthrie?
37Dust Bowl Farmers Migrate to California
250 min.