The Great
Depression
President Herbert Hoover
Stock Market
Causes of the Great Depression
• Surplus of goods (too many products available
and not enough buyers)
• Wages (how much a worker got paid) didn’t rise
as much as prices
• Banking system: Federal reserve regulations
failed
– Banks also invested in the stock market and lost the
bank’s money when the market crashed
October 29, 1929
Black Tuesday
What is the immediate
effect of Black Tuesday?
What is life like during
the Great Depression?
• High unemployment: 25% of
people lose their jobs
• Many people become homeless
• Families are in crisis
• Banks failed
• Farmers’ incomes drop very low
Where could a person or
family get aid during the
Great Depression?
Where did people live during
the Great Depression?
Dust Bowl
•The GREAT PLAINS became a barren wasteland
and dust storms became more frequent.
•Dust storms were also called “Black Blizzard”
•Caused by over farming the land and extreme
drought.
President Franklin
Delano Roosevelt
The New Deal
Alphabet Soup
Social Security
Act
Money given to
people over 65 and
the disabled
Civilian Conservation
Corps
planted trees, built
bridges and parks,
set up food control
Tennessee Valley
Authority
Brought electricity to
southern states and
built schools
Federal Emergency
Relief
Administration
gave relief to needy
and unemployed
Public Works
Administratio
n
built ports, schools
and aircraft carriers
Agricultural
Adjustment
Administration
paid
farmers
not to
grow
crops
Federal Deposit
Insurance
Corporation
insured the money in
banks—you will
always be able to get
your money out of
the bank you put in
Rural
Electrification
Administration
loaned money to
bring electricity to
rural areas
Fair Labor
Standards Act
Created minimum
wages and maximum
hours for all
businesses