Aim: Was the Great Depression avoidable?

Aim: Was the Great Depression avoidable?

Do Now Quiz

Homework: Exam Tues and Wed

Coolidge Succeeds Presidency : 1923, 1924

Coolidge Worked to reduce

public debt Lower cost of govt Cut taxes Restrict immigrants

“The Business of America is business”

Election of 1928 “Coolidge Prosperity”

1920s ….BOOM! Stock prices soar Business expands production (new

factories and workers) Federal Reserve keeps interest rates

low (easy to buy on credit) High consumer spending (cash in

bonds) Laissez Faire govt policy

Causes of The Great Depression

Packet Work

“Black Tuesday” The day the stock market crashed

Hoover’s steps toFight The Great Depression

1. The Reconstruction Financial Corporation: To make emergency loans to institutes, insurance co. and railroads.

2. State and local govts are to obtain loans from the RFC

3. Payment of war debts and raise tariff on exports.

4. Increase public work projects

Life during the Depression (1930s)• Search of jobs,

meals, jobs, houses,

• Decent to poverty• Price plunge • Desperation

causes migration• Great plains

becomes and Dust Bowl.

Dust Bowl 1935 Dry , dust storm in 1935 Plains Ecological and agricultural damage to

the prairies.

Primary Source Analysis Image

Conditions under

Hoover….

Waiting in line for bread

Relocations

“Hoovervilles”

Hoover Blankets

The Dust Bowl

Social effects of the Great Depression on Arts

John Steinbeck

About a family of ‘Okies’ escaping the Dust Bowl and how horribly they were treated

Stories of the Great Depression

http://www.youtube.com/watch?v=TpfY8kh5lUw