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Great Depression & New Deal
Part I. What Caused the Great Depression?Was the Stock Market Crash THE Cause? No.
The Banking Problem
Primary Causes of the Great Depression
1. Not Enough Buyers
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2. Too Much Debt
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3. Over-speculation in Stocks**
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4. Overproduction & Layoffs
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5. Farming Crisis
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6. Bank Failures
7. Government Mistakes
Part 2: The Effects of the Great Depression*
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Part 3: Solutions
Desperate times call for desperate measures…
Election of 1932
The New Deal Federal Emergency Relief Association
Public Works Programs
FDR endorsed deficit spending
Other Programs: FDIC
Wagner Act
Social Security Act
Results of the New Deal
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