Monday - I finished notes and the test is tomorrow. We took the presidency poll.
Causes of the stock market crash
- Stock prices
- were grossly inflated
- did not have real value
- watered stock prices
- kept going up
- Overspeculation
- led to watered stock
- Buying on margin
- people were in debt
- to much borrowing from banks
- watered stock prices
- Overproduction of goods
- people weren't buying
- under consumption of goods
- Uneven distribution of wealth
- Federal Reserve increased interest rates
- Lack of government regulation
Tuesday - We took the test today.
Wednesday - We watched videos today and took notes.
1. Causes of the Great Depression
- Overproduction of goods
- Under consumption of goods by consumer
- 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
- Vicious Cycle of the Great Depression
- Companies lose $$ so they lay people off
- Unemployment rate goes up and less people buy goods as income has dropped
- Companies profits fall so they have to lay more people off or close
- cycle repeats itself
2. Impact the Great Depression had on people and our country
- Hoover-village
- Hoover-flags
- pant pockets out
- Hoover-blankets
- newspaper
- Breadlines
- Soup Kitchens
- Red Cross
- Rich people
- not the government
- Hoboes Hopping Freight Trains
- kids drop out of high school
- kids thought they were burdens for parents
- hopped on train looking for jobs town from town
- Apple Vendors
- Dust Bowl
- Okies
- left Oklahoma
- gave up farming/lost farms
- went to California
3. President Hoover’s attempt(or lack thereof) to help solve Great Depression
- Encouraged people to be patient
- Stay positive
- Volunteer to help each other
- Federal Farm Board
- stabilize prices and to promote the sale of agricultural products
- Noris-La Guardia Act
- strengthened labor unions
- Hoover Moratorium
- One year halt on German war payments to France
- One year halt on war payments from great Britain and France to the US
- Mexican Repatriation
- Mexican immigrants were encouraged/forced to go back to Mexico
- Revenue Act of 1932
- Increased taxes so US government had $$$
- Hawley-Smoot Tariff
- Raised tariffs to record levels
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
Thursday - We continued to watch videos and take notes.
Friday -
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