ALL WEEK COMBINED:
Causes of the Stock Market crash
- 1929
- stock prices were grossly inflated, did not have real value-watered prices
- Over speculation during the 1920's
-> led to watered stock prices
- Buying on margin
-> Led to people being in debt and watered stock prices
- Overproduction of goods
- Under consumption -> people were not buying
- uneven distribution of wealth
- saved money if they ever made some
- Too much borrowing from banks Federal Reserve increased interest rates
- Lack of government involvement/regulations
TUE:
Test
WED:
1.-Causes of the Great Depression
-overproduction of goods
- under consumption of goods by consumers
- agricultural slump in 1920s due to overproduction
- high protective tariff policies of the 1920s
- stock arket crash
- taxes benefiting the rich, poor got poorer, rich got richer
- banks closing
- companies lose money 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
2.-Impact the Great Depression had on people and our country
- Hoovervilles
-> cheap little houses
-> hoover blankets, newspapers
- "Hard times are still Hoovering over us"
- breadlines
-> lines to get bread
-> no women
-> women were embarrassed
- soup kitchens
- Hoboes hopping freight trains
-> especially young boys would drop out of school and leave their famillies to work
- people would sell apples
- dust bowl
-> lost their farms, great plains,
- Okies people from OKlahoma went to california
3.-President Hoover’s attempt(or lack thereof) to help solve Great Depression
- trickle-down theory
- "didn't care"
- republican philioophy
- can't spend too much money
- rugged individualism
- kept saying to be patient
- Hoover vs Smith
-
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
Comments