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EQ: How did The Great Depression and New Deal affect Americans? SS 5 H 5
DISCUSS a. Discuss the Stock Market Crash of 1929, Herbert Hoover, FDR, the Dust Bowl, and Soup Kitchens
What are stocks? n Stocks are shares (or parts) of a company. n n n You can buy a piece of a company and make money off of its profits If the company does well, you get money. If they do badly, you lose money. It’s a GAMBLE !
The Stock Market Crash The Stock Market is where stocks are bought and sold n In October 1929, people saw business decrease, so they sold their stocks. n Since more people sold stocks rather than buy them, the stock prices decreased and the market crashed! n This is called “Black Tuesday” n
Banks The banks had loaned out money to people to buy stocks. Everyone wanted their money at once and the banks didn’t have it! n These were called “Bank Runs” n
A “Bank Run”
Herbert Hoover – President 1929 -1933 n n President during the crash of the stock market Believed that no government help was needed. The country will “fix itself” But the economy got worse and 25% of Americans were unemployed (the most ever!) People built shacks and named them “Hoovervilles”
Dorthea Lange’s picture “Migrant Mother”
Franklin D. Roosevelt (FDR) President 1933 - 1944 n n n Told Americans that we have “Nothing to fear, but fear itself” Created the New Deal to reorganize government and give jobs to Americans His plan built schools, roads, bridges, and other government facilities
Soup Kitchens n Since the economy was in bad shape and people were out of work, government soup kitchens provided free soup and bread for the unemployed.
The Dust Bowl An extreme drought in the Midwest caused violent dust storms to arise. n Farms were destroyed and people were forced to move west. n
Analyze b. Analyze the main features of the New Deal; include the significance of the Civilian Conservation Corp, the Works Progress Administration, and the Tennessee Valley Authority.
Civilian Conservation Corp The “CCC” as it was called, was created to conserve or protect, the natural environment. n They planted trees, cleared hiking trails, and worked on other conservation projects. n
Tennessee Valley Authority n The TVA, for short, built dams on the Tennessee River to create hydroelectricity for the Southeastern US.
The Works Progress Administration n WPA, for short, created schools, libraries, parks, and streets. It also paid artists to paint murals, take pictures (Dorthea Lange and Ansel Adams), and writers to write stories about the United states.
Describe c. Describe important cultural elements of the 1930 s. Include Duke Ellington, Margret Mitchell, and Jesse Owens.
Duke Ellington n African American Jazz pianist and orchestra conductor.
Margret Mitchell Wrote the book Gone With The Wind in 1939, which later became a movie. n She is from Atlanta, Georgia n
Jesse Owens n n Olympic Track Star that won 4 gold medals for the US in the 1936 Berlin games He was the first African American to do such a feat and humiliated Hitler (who was Germany’s leader and racist)