Week of January 25th-29th

Monday: Took the presidential campaign test to see who we side the most with.

Tuesday: Took 1920's test. 

Wednesday: Reviewed the 1920's test and asked questions if there were any. Started 1930's video projects.

Thursday:

Friday:

1930's Notes

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
    • Companies couldn't sell in the U.S. nobody was buying
    • Companies couldn't sell outside of the U.S. because of tariffs
  • Taxes benefiting the rich-rich got richer, poor got poorer
  • Stock market crash
    • Supercharged the Great Depression
    • Lost millions of dollars
    • Banks and businesses closed
  • Banks closing
    • Because they closed people lost a lot of money
    • Because of the Great Depression, they closed

The Vicious Cycle of the Great Depression

  • Companies loose $$ so they lay people off
  • Unemployment rate goes up and less people buy goods as income has dropped
  • Companies profits fall so the have to lay more people off or close
  • Cycle repeats itself

Hoovervilles

  • Shanty towns on the outskirts of cities
  • Called Hoovervilles because of terrible living conditions that Herbert Hoover caused them

Breadlines

  • Place giving out bread, coffee, sometimes donuts
  • No women, because the men provided for the family
    • Would be embarrassed, would rather be hungry and eat crackers
  • Expected that the government should give them food/money

Soup Kitchens

  • Put on by churches, Red Cross, rich organizations that want to help out

Hoboes Hopping Freight Trains

  • Teens thought they were burdens to the family so they hopped trains and looked for jobs in different cities
  • Mostly men

Selling apples

  • Come in with a bunch of apples
  • 2 or 3 cents an apple
  • Would take it back to a place further away that doesn't have money and would sell 5 cents

Dust Bowl

  • Happened in the 1935-1940
  • Declared it the Great American desert 
  • Irrigation in this area
  • 10% less precipitation it would be a desert
  • Plowed up fields and pastures due to the need of crops from the WWI
  • Massive erosion due to plowing, drought, and not enough vegetation

Herbert Hoover

  • Believe in the Republican Philosophy- Rugged Individualism, Trickle Down Theory, Laizifairre
  • People should figure it out themselves, the government should be itself

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-Laguardia Act 
    • Strengthened labor union
  • Hoover Moratorium
    • One year halt on German war payments to France
    • One year on way 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 $$
  • Hawley-Smoot Tariff
    • Raised tariffs to record levels

Reconstruction Finance Corporation (RFC)- 1932

  • Gave loans to banks, state and local government, and business' 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 WWII

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 wors, cost $165 million to build
  • Why do you think there were a lot of dam projects in the 1930's?
    • Created money for the government, created energy, sold the energy, created jobs
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