Monday- Test is tomorrow. Today we voted for who we wanted to vote for.
Tuesday- Test
Wednesday- Went over our tests. We watched a video on the 1930's
Causes of the Great Depression
- Overproduction of goods
- Under consumption 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
- Companies lose $$ so they lay people off
- Unemployment rate goes up lees people buy goods as income has dropped
- Companies profits fall so they have to lay more people off or close
- Cycle repeats itself
- Hoover Villes- Shanty town on the outskirts of cities. Little homes made of what people could find.
- Breadlines- a line that gave men (who would stand in line forever) bread or other food. Women would not do this because they felt embarrassed to be seen in a breadline
- Hobos Hopping Freight Trains- A lot of young students (mostly guys) would drop out of school and become homeless and hop onto trains and travel to different towns so that parents could take care of the younger siblings.
- Apple Vendors- People who would go around and sell apples to get food onto the table for that night
Hoover struggles with the Great Depression
- Why do you think President Hoover struggled dealing with the Great Depression? He was viewed as uncaring and as a President who did very little to help with the Great Depression
- This was not actually true
- 1928 Presidential Election
- Herbert Hoover (R)
- Al Smith (D)
- "A chicken in every pot and a car in every garage."
Hoover's Fight against the Great Depression
- Encouraged people to be patient, stay positive and volunteer to help each other
- Federal Farm Board
- stabilize prices and to promote the sale of agricultural products
- Norris-La Guardia Act
- strengthened labor unions
- Federal Farm Board
- Hoover Moratorium
- One year halt on German war payments to France
- One year halt on war payments from Great Britain and France to the U.S.
- Mexican Repatriation
- Mexican immigrants were encouraged/forced to go back to Mexico
- Revenue Act of 1932
- Increased taxes so U.S. government had money
- Hawley-Smoot Tariff
- Raised tariffs to record levels
Reconstruction Finance Corporation (RFC)-1932
- Gave loans to banks, state and local governments, and businesses to create projects/jobs for people
- Gave states loans for emergency relief needs
- Started under Hoover
- Not as successful as Hoover had hoped
- Dissolved in 1946 after World War 2
Boulder (Hoover) Dam
- Boulder dam (now Hoover Dam) is located near Las Vegas
- The Hoover Dam project including the dam, the All-American Canal, the town of Boulder city, highways, railroads and various other works, cost $165 million to build
- Why do you think there were a lot of dam projects in the 1930's? It gave people jobs and it created energy.
Thursday- Got into our groups and seating charts. Notes
Friday- Got new forum post leaders. Notes
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