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The Great

Depression

Problems in the Economy


1. Farmers had a
surplus of land,
tools, and food after
WWI ended. They
were in debt.

Problems in the Economy


2. Factories laid off workers because they were
producing more goods than they could sell

Problems in the Economy


3. Coal and lumber industry suffered as people
switched to oil and concrete.

Problems in the Economy


Unemployment:
the condition of
being out of
work

Problems in the Economy


People bought many
things by promising
to pay for them
later. This is called
credit.
Money that is owed
back is called debt.

The Stock Market Crash


Stock market: a place where stocks are bought
and sold

http://www.brainpop.com/socialstudies/economics/stockmarket/preview.weml

People buy shares of


stocks in companies

Prices of each share


rises

People get rich

More shares sold

People borrow money to


buy more shares

More shares sold

Banks use customers


money to buy shares

Banks are low on money

Prices start to drop

People start to sell


shares

More people start to


sell

Panic strikes
everybody wants to sell

Stock Market crashes

Banks close, people lose


their money

Businesses lose buyers

Workers lose jobs

Unemployment

Businesses close

More people without


work

Americans become poor

The Stock Market Crash Timeline


http://www.npr.org/templates/story/
story.php?storyId=113875201

Hard Times
By 1933, 15 million
people were
unemployed
People could not
afford housing, so
they lived in
shantytowns, or
places where
people lived in
tents and shacks

Hard Times
Many blamed
Herbert
Hoover for the
depression, so
they called
shantytowns,
Hoovervilles
Newspapers:
Hoover
Blankets
Empty
Pockets:
Hoover Flags

Hard Times
Charities
started soup
kitchens to
give people
hot food

Fewer people got married


and had children

Many women worked for the


first time

Many children quit school


and went to work
http://www.brainpop.com/socialstudi
es/ushistory/greatdepression/previe
w.weml

Great Depression Videos and


Interactive Links
http://www.nps.gov/shen/photosmu
ltimedia/ccc_curric_two_interactive.
htm#

The New Deal

1932 Election
Franklin D.
Roosevelt becomes
president
He wanted to help
the country
immediately
Within 100 days in
office, many new
programs became
law

The New Deal


FDR developed new
programs he called
the New Deal.
These were
supposed to help
the country
recover.

AAA
Agricultural Adjustment Administration
Help farmers decrease production in order to
raise prices of crops.

Civilian
Conservation
Corps
Employed
thousands of
young men
(18-25). Paid
$30 a month,
lived in camps,
and worked in
parks and
forests.

CCC

WPA
Works Progress
Administration
Built buildings,
bridges, roads,
schools, airports.
Employed artists
to work on
murals around
the country.

TVA
Tennessee Valley
Authority
Built 50 dams
along rivers in
the South to
prevent flooding.

SSB
Social Security Board
Provides monthly
payments to the
elderly and
disabled. Money
comes from taxes
on employers and
employees.

REA
Rural Electrification
Administration
Brought
electricity to
small towns like
Columbus,
Georgia

http://www.brainpop.com
/socialstudies/famoushisto
ricalfigures/franklindroose
velt/

New Deal Programs


http://safeshare.tv/w/aBpfAzFCbt

The Dust Bowl


Just as new programs were helping farmers, a
severe drought hit the Great Plains
Soil turned to dust and high winds scattered it
Black Sunday: worst dust storm in history

Migrant Workers
Farmers had to leave their homes in order to
find work. They became migrant workers,
moving from place to place to harvest crops.

Migration During the Great


Depression
http://safeshare.tv/w/esVXmwpdqZ

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