I Intro (Leave Blank for now)
There was many causes for the depression
II Causes (The causes of the great depression were Over speculation, government policy, unstable economy)
A Overspeculation:
Over speculation is from when people put there money into the stocks and so many people thought it was going to get better when in reality it wasn't so when the stock market crashed everyone lost money
B Govt Policy:
C Unstable Econ:
A unstable economy is because all of the banks where putting money in the stock market so after the crash everyone went to get there money out of the bank but they had none and so it led to uneven prosperity (see below)
1 uneven prosperity
Uneven prosperity is the classic rich get rich and poor get poor at its finest. This is simply because some whom did in fact make money on the stocks or got all there money out or the ones that lied to make money had all the money
2 overproduction
Overproduction was when everyone already had a toaster or oven or microwave or dish washer but the company keeps on making them so that now they have more then they can sell and must lay people off.
3 worker issues / farm issues
The workers are trying to get unions and all the farmers are dealing with drought and the dust bowl.
III Effects
A Poverty
This became how many people lived due to the loss of money.
B Society
For the few that where wealthy life was big and grand.
C World
As we longed for a better time much of the world was recovering over the war as many movements such as Ghandi started coming together.
IV Solutions
A Hoover
1 Volunteerism
He had helped raise community up
2 Public Works
This was a way to get people working again on huge things like hoover dam and empire state building
3 Hawley Smoot
A tariff on imported other countries did the same to use
4 RFC
Reconstruction Finance Corporation
B Roosevelt
1 new deal
a alphabet soup
example SEC Securities and exchange commission
example FDIC Federal Deposit Insurance Corporation
example AAA Agricultural Adjustment Administration
example FCA Farm Credit Administration.
b Criticsim?
The liberals thought it was too socialist
Socialist notenough
2 2nd new deal
a
b
c
V Criticicism
B Political Criticism (ex. Came from both the Left and Right)
A Conservatives
B Liberals (ex: criticised the new deal also. They....)
Ex
ex
VI Effectiveness
A Changes in US
B Unions
C Culture
VII Conclusion
