Monday- finished the 1920's and reviewed for test. Notes: Stock prices were grossly inflated, did not have real value- watered stock prices. Over Speculation during the 1920's which led to watered stock. "buying on margin" led to people being in debt and watered stock prices. Over production of goods, Overproduction of goods, underconsumption of goods, too much borrowing from banks, federal reserve increased interest rates. Lack of government regulation
Tuesday- Test
Wednesday- Started the 1930's presentations
Thursday: Notes in the 1930's topics
Friday: Notes in the 1930's topics
1930's topics:
1.-Causes of the Great Depression: Overproduction of goods, underconsumption of goods by consumers. Agricultural slump in 1920's due to overproduction. High protective tariff policies of the 1920's. Taxes benefiting the rich-rich got richer, poor got poorer. Stock market crash, banks closing. The vicious Cycle of the Great Depression: Compaines lose $$ so they lay people off, Unemployment rate goes up and less people buy goods as income has dropped, compaines fail, and cycle repeats itself
2.-Impact the Great Depression had on people and our country: Hoovervilles, soup kitchen, bread lines, hobos hopping freight trains, apple sales, Dust Bowl was around the great plains. Okies, packed everything up and moved to the West.
3.-President Hoover’s attempt(or lack thereof) to help solve Great Depression: Herbert Hoover was a republican, and went up against All Smith the democrat. Almost the whole united states voted for Hover, He encouraged people to be patient, stay positive and volunteer to help each other. Federal Farm Board: Stablize prices and to promote the sale of agricultural products. Norris-La Guardia Act: Strengthened labor unions.
4.-1932/1936 Presidential elections
5.-Bonus Army
6.-Entertainment, sports, music, radio, movies and fads
7.-Franklin Roosevelt’s background and accomplishments-Focus on New Deal
8.-The Three R’s
9.-The difference between the First New Deal and Second New Deal
10.-Fireside chats
11.-The Hundred Days
12.-Deficit spending and “priming the pump”
13.-FDR vs the US Supreme Court-Court Packing issue
14.-Critics and failings of the New Deal-Long, Caughlin, Townshend
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