The Great Depression

The Great Depression

Round 1 - 1929

Round 2 - 1930

Round 3 - 1935

Hoovervilles

Round 4 - 1937

The Great DepressionI. Causes of Great Depression

A. Stock Market Crash of 1929B. Closing of banks due to excessive expansion of credit

II. Effects of Great DepressionA. 1 out of 4 Americans were unemployed (could not FIND a job)B. People lost savings held in banks

III. Life for Americans in the Great Depression

A. Selling household items to pay living expensesB. Orphanages grew as families could not support childrenC. Many people left their homes

1. They shared homes with others2. They built “Hoovervilles:” shanties named after scapegoat President Hoover

D. People made clothes by hand and grew their own food

IV. Coping with the Great DepressionA. Escapism

1. Movies provided entertainment2. Candy and alcohol helped

people escapeB. Crime wave

1. Sharp increase in theft2. Swelling of prison populations

•Describe the lives and survival methods of people in the Great Depression.