The Postwar Economy Booms
Topic 12.4 pages 475 – 481
Lesson Objectives
1. Describe the economic problems America faced after World War I.
2. Explain the economic growth and prosperity of the 1920s, including
how Henry Ford and the automobile industry helped spark the boom.
3. Analyze the consumer revolution and the bull market of the 1920s.
4. Compare the different effects of the economic boom on urban,
suburban, and rural America.
I. Postwar Issues
1. What occurred after World War I that created panic across the globe?
a. flu pandemic spread across the world
b. over 20 millions people died
2. Why were many Americans attracted to Warren G. Harding’s
presidential campaign slogan “return to Normalcy”?
a. many Americans were weary from the war
b. most wanted to go back to simpler times before the war
3. Shortly after WW I, the U.S. had a turbulent transition into the new
decade. Identify many of the problems and challenges the nation faced
from 1918 – 1920?
a.
b.
c.
d.
e.
f.
g.
flu pandemic
converting from a war time to a peace time economy
racial tension and riots
scarcity of goods and resources
inflation
returning soldiers looking for work
foreclosures on farmers
4. By 1920 how did the economy change for the U.S.?
a. economy had adjusted
b. U.S. emerged as the world’s most industrialized and richest nation
c. France and Britain demanded American goods
d. U.S. became a creditor nation: wealthy enough to loan money to
other nations
e. New York became the financial center of the world
II. The Impact of Henry Ford and the Automobile
1. Why was Henry Ford’s Model T automobile so important to the
nation’s economy?
His car would revolution how we lived and helped ignite an economic
boom
2. How did Henry Ford revolutionize the production of the automobile?
a. mass production: used rapid manufacturing techniques to produce
large quantities
b. assembly lines: people stood in one place and did one simple task
as the product moves along
c. created a highly efficient and rapid way to produce his cars
http://www.history.com/topics/henry-ford/videos/henry-fords-motor-company
https://www.youtube.com/watch?v=HnbNcQlzV-4
3. How did Ford’s techniques improve price and production time?
a. cost: $850 to $290
b. time:12 hours to 90 minutes
4. Why would the development of the automobile have such a large
impact on entire economy?
a. cars became more affordable to more people
b. demand for more resources to build the car increased (steel, oil,
glass, rubber etc.)
c. led to other industries growth: roads, hotels, gas stations diners
etc.
d. created millions of new jobs
5. How did the automobile change the way many people lived?
a.
b.
c.
d.
sense of freedom and independence
people could live further from work
suburbs
travel
III. Economic Growth in the 1920s
1. During the 1920s, what was the consumer revolution?
a. many products became available and affordable
b. people bought products like irons, toasters, washing machines &
refrigerators
http://www.history.com/topics/roaring-twenties/videos/1920sinventions
2. How did companies get more people to buy the many new products
being sold?
a. advertisement: using radio, newspaper and billboard ads to sell
more
b. installment buying: make a small down payment and pay the rest
over time (credit)
c. these factors created a surge of economic growth in the economy
3. What is the stock market?
a. an exchange where people can invest in a company
b. companies sell portions or stocks to raise money
c. people buy stock hoping the value of the company rises and makes
them money
4. What was the bull market of the 1920s?
a. a time period of massive economic growth
b. stock values of many companies rose dramatically
c. creating a frenzy of people trying to buy more stock in many
companies
5. Why was buying on margin for stocks a risky proposition?
a. allowed people to borrow money to buy a stock
b. banks and stock brokers were risking huge loans on stocks
c. if the value of the stock went down, people would be in debt and
banks could lose money
IV. Urban, Suburban, and Rural Areas
1. Why were cities expanding and changing rapidly early in the 1900s?
a. many immigrants settled in cities to find work
b. many farmers were being foreclosed and needed to find work
c. steel and elevators led to large skyscrapers allowing more factories,
offices and apartments
2. As cities expanded rapidly, why did communities around the city
called suburbs expand as well?
a. new mass transit and automobiles allowed people to
travel/commute to work
b. many people wanted to escape the crowded and dirty city life
3. Even though the 1920s was a time of tremendous prosperity, what
problems did America still face?
a.
b.
c.
d.
racism
poverty
unequal distribution of wealth
increased person debt
Government in the 1920s
Topic 12.5 pages 482 – 487
Lesson Objectives
1. Analyze how the policies of Presidents Harding and Coolidge
encouraged economic growth and prosperity in the 1920s.
2. Discuss the effects of political scandals, including Teapot Dome, on
Harding’s presidency.
3. Explain the role that the United States played in the world during the
1920s.
I. The Harding Administration
1. Why did many Americans vote for Warren G. Harding to become
President?
a. no longer supported progressive ideas
b. desired more laissez-faire policies
c. avoid involvement in world affairs
2. What is the President’s cabinet and why it is important?
a. advisors the President appoints (Secretary of State, Secretary of
Treasury, Secretary of Defense)
b. give advice on key issues to help the President make decisions
3. How did Secretary of the Treasury Andrew Mellon attempt to improve
the nation’s economy?
a. cut taxes on corporations and individuals
b. reduced federal spending
c. pressed for pro-business legislation and less government
regulation
4. Who did President Harding appoint to Secretary of Commerce and
why?
a. Herbert Hoover
b. to help labor and businesses work together
5. Why did Harding’s easygoing personality become a problem?
a. let others make important decisions
b. appointed friends and corrupt people in government jobs
c. members of his administration took bribes and stole money
6. What was the Teapot Dome scandal?
a. Secretary of the Interior Albert Fall leased government oil
reserves to private companies
b. he received huge bribes for the government contracts
c. Secretary Fall was sent to prison
7. How did the Teapot Dome scandal impact Harding and the nation?
a.
b.
c.
d.
Harding’s reputation was damaged
speaking tour to rebuild his image led to a heart attack and died
Vice President Calvin Coolidge became President in 1923
people lost trust in the government
II. Economic Prosperity Under Coolidge
1. How was President Coolidge different from Harding?
a. Coolidge was quiet reserved
b. frugal and shrewd
c. appointed honest and intelligent people
2. Coolidge believed the creation of wealth benefited the nation as a
whole. What did he mean by this statement?
wealth creates jobs, opportunities and prosperity
3. As the much of the nation prospered, what were some lingering
problems?
a. farmers continued to struggle
b. labor unions fought for better pay and conditions
c. African Americans faced tremendous inequality and racism
III. America’s Place in a Changed World
1. How did World War I change much of the world?
a.
b.
c.
d.
old empires crumbled
new nations emerged
Germany Britain and France were weak and broke
America emerged strong and prosperous
2. How did many nations attempt to prevent another world war?
a. Washington Navel Disarmament Conference: attempt to stop a
navel arms race
b. Kellog-Briand Pact: 62 nations pledged to outlaw war
3. How did the Dawes Plan attempt to help rebuild France and Britain
after WW I?
a. France and Britain needed money to repay U.S. loans and buy
goods
b. Germany needed money to pay reparations to France and Britain
c. U.S. loaned money to Germany so they could pay France and
Britain
d. France and Britain could now pay back and buy American
products
An Unsettled Society
Topic 12.6 pages 488 – 496
Lesson Objectives
1. Compare economic and cultural life in rural America to that in urban
America.
2. Analyze how foreign events after World War I and nativism
contributed to the first Red Scare.
3. Analyze the causes and effects of changes in U.S. immigration policy in
the 1920s.
4. Describe the goals and motives of the Ku Klux Klan in the 1920s.
5. Analyze the intended and unintended effects of Prohibition.
I. Americans Debate New Ideas and Values
1. During the 1920s, the country became more divided between Urban
and Rural America. How did rural and urban America differ?
Regions
urban
Economics
a. favored industry
b. enjoyed modern
prosperity
rural
a. focused primarily on
farming
Social values
a. open to modern
ideas/science
b. focused less on religious
doctrine
c. promoted higher education
a. focused on religious doctrine
b. formal education was not
priority
2. Where did many fundamentalists (devout Christians) look to for
guidance as the nation modernized?
Much of their way of life was dictated by strictly following the Bible
3. What was the Scopes Trial of 1925?
a. result of the clash between teaching science from a Biblical point
and scientific notion of Darwin’s theory of evolution
b. Biology teacher was arrested for teaching theory of evolution in a
Tennessee classroom
c. highly publicized trial demonstrated the growing conflict between
fundamentalists and modern American values
d. John Scopes was fined $100
II. The Red Scare
1. What was the Red Scare during the 1920s?
Americans feared the spreading of communism
2. How is communism different from capitalism?
Communism
a. government owns & controls
most business
b. people are not allowed to own
companies or land
c. government makes economic
decisions
d. few liberties and rights
Capitalism
a. business are privately owned
b. consumers & businesses make
economic decisions
c. can create wealth and
opportunity
d. more liberties and rights
3. Why were many Americans becoming afraid of communism
spreading?
a. Russia became communist
b. people feared labor unions and strikes were signs of communism
in the U.S.
c. attempts by anarchists/communist to use terrorism in the U.S.
d. feared immigrants brought communist ideology to the U.S.
4. How did the Palmer Raids demonstrate America’s fears of
communism?
a. thousands of people arrested suspected of being communist
b. many immigrants were deported
c. little or no evidence used in the process
5. Who were Nicola Sacco and Bartolomeo Vanzetti?
Two Italian immigrants who were arrested for robbery and murder
6. How did the Sacco and Vanzetti case demonstrate growing fears of
immigrants?
a. both arrested with little evidence
b. convicted mostly on the notion they were immigrants
III. Immigration in the 1920s
1. As millions of immigrants had arrived to the U.S., how did nativists
feel about their arrival?
a. nativists wanted to ban immigration
b. believed they would destroy the American culture
c. feared they took away jobs
2. What was eugenics?
a. abuse of science to form racists ideas about immigrants
b. claimed certain groups did not have good genes or traits
c. tried to support white superiority biologically
3. How did the government react to increased fears toward
immigrants?
a. quota system or laws limiting the number of immigrants into the
country
b. mostly targeted Asian and Southern Europeans
IV. The Ku Klux Klan in the Early 1900s
1. Why was the KKK formed in the mid-1860s?
Racist organization after the Civil War to keep African Americans
from achieving equality
2. During the early 1900s, how did the KKK expand its numbers and
bigotry?
a. targeted African Americans, immigrants, Catholics, Jews,
communists
b. burned crosses, physical violence, lynching
c. anti-immigrant feelings helped the group swell to almost 5 million
members
V. Prohibition Divides Americans
1. What is prohibition?
Banning the use or sale of alcohol
2. Why do you think many Americans wanted to ban alcohol?
a.
b.
c.
d.
addictive
causes liver disease
destroys families
seen as immoral by progressives and fundamentalists
3. How did the passage of the 18th Amendment impact the nation?
a. made alcohol illegal
b. slight decline in addiction
c. lead to organized crime (Al Capone)
4. How did people still find ways to drink alcohol during prohibition?
a. bootleggers: people transported and sold illegal alcohol
b. speakeasies: secret clubs where people would go to drink,
socialize and gamble
5. By 1933, why do you think the nation passed the 21 Amendment?
a. people still drank regardless
b. too much organized crime
c. government wanted to tax and make money on alcohol
The Roaring Twenties
Topic 12.7 pages 497 – 504
Lesson Objectives
1. Describe how increased leisure time and technological innovations led
to a widespread shared popular culture in the 1920s.
2. Analyze the changing role of women in the 1920s.
3. Describe how the concept of modernism shown in art and literature
reflected postwar disillusionment.
I. Popular American Culture in the 1920s
1. Why do you think American culture was changing during the 1920s?
a.
b.
c.
d.
introduction of the automobile
economic prosperity
new technologies
WW I impacted our view of life
2. Why were people going to the movies in large numbers during the
1920s?
a. more leisure or free time
b. entertainment
c. escape reality
3. How were early movies different from today’s modern films?
a. black and white
b. no sound
c. simple but universal themes or stories
4. Who were some of the first Hollywood stars?
a. Charlie Chaplin
b. Mary Pickford
c. Douglass Fairbanks
5. Why was the film The Jazz Singer revolutionary?
First film to have sound in 1927
6. Why did so many people listen to radios and phonographs during the
1920s?
a. form of entertainment
b. provided news, information and current events
7. How did movies and the radio impact the American culture?
a. helped to spread ideas across the country
b. people become more connected to one another
c. culture (music, fashion etc.) could be shared
II. American Role Models
1. Why do you think people look for role models?
a. need examples to emulate
b. provide hope
c. inspiration
2. Why were sports figures becoming heroes and role models during the
1920s?
a. mass media helped to promote these people as bigger than life
images
b. After WW I, many wanted to find new heroes to instill a new faith
3. Who were some of the big sports figures during this decade?
a.
b.
c.
d.
Babe Ruth (baseball)
Jack Dempsey (boxing)
Red Grange (football)
Hellen Wills (tennis)
4. Up until the 1920s, how did most people view the role of aviation?
a. novel and risky
b. many felt its use was limited
c. pilots where seen as daredevils
https://www.youtube.com/watch?v=fw_C_sbfyx8
5. Who was Charles Lindbergh and why was he so important to aviation?
a.
b.
c.
d.
first person to fly solo across the Atlantic
flight took 33 hours with non-stopped
helped people believe in a strong future for aviation
became an international hero
III. The Role of Women
1. Before the 1900s, what was the role of women in American society?
a.
b.
c.
d.
e.
raise the family
clean and take care of the house
had few rights
could not vote
second class citizen
2. How were women challenging this role during the 1920s?
a. pressed for social, political and economic changes
b. flappers: women who wore shorter dresses and bobbed hair
c. women became more vocal and political
3. Why were women able to break some of the traditional roles?
a. passage of the 19th Amendment in 1920 (right to vote)
b. new technology such as vacuum cleaners, refrigerators, washing
machines, helped to provide more
leisure time to pursue these changes
c. traditional women’s roles were being challenged
IV. Social Issues Are Reflected in Art and Literature
1. How were American writers, poets and artists styles’ changing during
the 1920s?
a. many became pessimistic
b. Modernism: renewed interest in new technology, but uncertain
about the rapidly changing world
2. Who was Sigmund Freud and why was he so significant/
a. psychologists who pioneered theories on human behavior
b. argued man was driven by unconscious desires and his struggle to
suppress them in society
c. his theories guided modern psychology and influenced many
writers of the day
3. Who were some of the great American writers during this time
period?
a. F. Scott Fitzgerald (This Side of Paradise, The Great Gatsby)
b. Ernest Hemingway (A Farewell to Arms, The Sun Also Rises)
The Harlem Renaissance
Topic 12.8 pages 505 – 510
Lesson Objectives
1. Analyze how the Great Migration and the philosophies of Marcus Garvey affected African Americans in the
1920s.
2. Trace the development of jazz and its impact on American society and the rest of the world.
3. Discuss the themes explored by writers and artists of the Harlem Renaissance.
I. Support for Black Nationalism
1. During the early 1900s, millions of African Americans migrated to northern cities? Why did so many people
leave the south in the Great Migration?
a. Northern factories offered better paying jobs
b. more opportunity for social and political advancement
c. access to better education
d. escape southern racist practices and lack of opportunities
2. Even though Northern cities offered African Americans more opportunities, why was life still challenging
during this time period?
a. most forced to live in crowded ghetto regions
b. payed lower wages than whites
c. still faced racist and prejudice society
3. Who was Marcus Garvey and what ideology did he promote?
a. Jamaican immigrant
b. felt blacks were exploited
c. established Back to Africa movement
d. advocated separation of races
e. wanted African Americans to control their own businesses, schools and communities
f. eventually sent to prison and deported for mail fraud
4. How did the Great Migration and leaders like Marcus Garvey impact the nation?
a. shifted population demographics
b. African Americans gained control of many communities and elected their own leaders
c. development of early Black Pride and power movements that helped bring about Civil Rights
Movement
II. The Jazz Age
1. How do people define the origins and style of Jazz?
a. mixture of blues, ragtime and European style music
b. developed in the South by African American musicians
c. has a fast spontaneous beat
2. Who were some of the popular jazz pioneers?
a. Louis Armstrong
b. Bessie Smith
c. Duke Ellington
3. Why was jazz such an important part of American culture in the early 1900s?
a. breeched racial barriers
b. highlighted African American culture
c. represented the exciting times of the Roaring Twenties
III. The Harlem Renaissance
1. What was the Harlem Renaissance?
a. early 1900s, African American culture cascaded across the country
b. African American writers, musicians and painters expressing the culture
2. Who were some of the well-known contributors to the Harlem Renaissance?
a. Langston Hughes
b. Claude McKay
3. Why was the Harlem Renaissance so an impotent event in American History?
a. demonstrated the greatness of the African American culture
b. helped to bridge the racial divide
c. help set a foundation for the future of the Civil Rights movement in the 1950s
Causes of the Great Depression
Topic 13.1 pages 516 – 523
Lesson Objectives
1.
2.
3.
4.
Identify how weaknesses in the economy of the 1920s caused the Great Depression.
Explain why the stock market crashed in 1929 and the crash’s effect on the economy.
Describe how the Great Depression deepened in the United States and spread overseas.
Identify the causes of the Great Depression and discuss how historians differ about them.
I. Hidden Economic Problems in the Roaring Twenties
1. What is the businesses cycle according to economists?
A series of expansions and contractions of economic growth over a period of time
2. How did many economists view the business cycle during the 1920s?
a. Many felt the economy would continue to grow
b. they did not fear or see any indicator that the economy could slow down
3. Why did so many Americans vote for Republican candidate Herbert Hoover in the 1928 election?
a. Republican Party led by Presidents Harding & Coolidge got much of the credit for the growing
economy
b. Hoover had a strong record (director of Food Administration, Secretary of Commerce)
Key Point: The 1920s economy was built on a weak foundation with many problems. Most Americans were
not aware that the business practices would help lead to economic disaster by the end of the decade.
4. Why were famers not enjoying the prosperity during the 1920s?
a. many borrowed heavily to meet the demands of WW I
b. after the war, demand fell and farmers were in debt and being foreclosed upon
5. How did the gap between the rich and the poor skyrocket during the 1920s?
a. factory owners/investors became extremely wealthy
b. workers only saw a modest increase in wages
c. wealthiest 1% earned the same as the bottom 42% combined
6. Why was the uneven distribution of wealth a growing problem for the economy?
a. wealthy earned 50 times more than the bottom
b. problem was they did not spend 50 times more than the bottom
c. too much wealth was captured by the top earners and not used to buy enough goods and products
to keep the economy growing
7. Why was buying on credit a looming problem for the economy?
a.
b.
c.
d.
most products were bought on credit creating tremendous personal debt
once they maxed out their credit, they could not buy more produces
led to a decrease in demand and overproduction
companies would have lay people off
II. The Stock Market Hits Bottom
1. Why do some people view investing in the stock market more like speculation?
some see it as a form of gambling with huge risks
2. What is the Dow Jones average?
a. it is a barometer that measures the daily growth/decline of the stock market
b. it reviews the performance of a few key stocks to determine the average
3. Why was October a terrible month for the stock market in 1929?
a. October 23, many investors began to lose confidence in the market
b. October 24, nervous investors began to sell causing a decline in the market
c. October 29, Black Tuesday, investors panicked, selling their stocks causing the market to collapse
d. billions of dollars had been lost
III. The Great Depression Begins
1. The stock market crash would signal the end of prosperity and the beginning of an economic
depression. How do you define what would become known as the Great Depression?
a. Massive economic decline from 1929 – 1941
b. Large percentage businesses close
c. High unemployment
d. Loss of savings
e. Massive foreclosure rates
Key Points: Economists and historians agree there is not one single factor, but many that contributed to the
Great Depression. Most conclude that the stock market crash is not so much a cause, but an event resulting
from the many economic factors and would contribute to the economic collapse. Which factors are more
significant vary and depend upon your perspective of how the economy unraveled. Become familiar with the
contributing economic factors that led the nation and the world to economic chaos.
2. Why did weak banking practices lead to economic chaos?
a. As the economy slowed down, many people feared banks would close (losing their deposits)
b. People began to run to the banks in large numbers to withdraw their savings
c. Banks ran out of cash and had to close causing many people to lose their savings
d. Banks also lost large sums of cash since they loaned money (margin) to buy stocks
3. How did the slowing down of the economy create a snow ball effect causing the economy to get
worse?
a. People stopped buying products so companies had to let employees go
b. More people lost jobs which slowed down economic growth causing more people to lose their
jobs
c. Created more panic and less confidence in the economy
d. By 1933, over 25% of the population was out work
4. Why did imposing protective tariffs like the Hawley-Smoot Tariff hurt the economy further?
a. Government wanted to protect American goods by taxing imports
b. Foreign governments retaliated by putting tariffs on our products
c. Europeans stopped buying American goods causing the economy to sink
d. The world economy began to collapse as the Great Depression dragged other nations’
economies down
Americans Suffer
Topic 13.2 pages 524 - 531
Lesson Objectives
5.
6.
7.
8.
Examine the spread of unemployment in America’s cities.
Analyze the effects of the Great Depression on farmers.
Analyze the impact of human and geographical factors that created the Dust Bowl.
Describe how the Great Depression affected family life and the lives of African Americans and Mexican
Americans.
I. Economic Hardship Shakes the Cities
1. How did unemployment change from 1919 to 1933?
a. 1929: 3.7%
b. 1933 25%
2. Why were people who kept their jobs scared and facing despair during the Great Depression?
a. those who had work were paid far less than before
b. constant fear of losing their job
3. As people lost their jobs, how were families being impacted?
a. loss of savings/ sold/pawned what little they had left
b. evicted from their homes
c. lack of food/starvation (waited on bread lines for handouts)
d. people lost hope
4. How did new terms describe the despair and anger towards President Hoover for the depression?
a. Hoovervilles: makeshift shacks that people lived in
b. Hoover blankets: newspapers used as blankets
c. Hover flag: empty pocket turned inside out
II. Rural America Struggles with Poverty
1. How did the Great Depression cause more hardship for farmers?
a. farmers faced even more debt
b. massive foreclosures on farmers across the country
c. tenant farming: forced to rent land to grow crops
d. Dust Bowl: drought and over farming in the Midwest caused massive dust storms forcing thousands
to migrate known as Okies
III. Hard Times Hit Most Americans
1. How were families being torn apart as the depression worsened?
a. fathers felt like failures and some abandoned their families
b. children forced to help support the family
c. kids quit school, some ran away
d. birthrates declined
2. Why did the Depression impact minorities even more?
a. African Americans in the south migrated North but found little work
b. Minorities were the last to be hired and first to be fired
c. African American unemployment was 50%
d. Many Mexicans & Asians were forced or compelled to leave the country
Two Presidents Respond
Topic 13.3 pages 532 – 542
Lesson Objectives
1.
2.
3.
4.
Evaluate Hoover’s approaches to resolving the Great Depression and how Americans reacted to them.
Contrast Hoover’s approach to the economic crisis with Franklin D. Roosevelt’s approach.
Describe the programs that were part of the first New Deal and their immediate affect on Americans’
lives.
Identify the New Deal’s opponents and their major criticisms.
I. Hoover’s Response Fails
1. President Hoover did not believe the federal government should be directly involved in regulating the
economy’s recovery. How did President Hoover attempt to boost the economy “indirectly” early on?
a. cut taxes for business
b. asked management and labor to work together
c. asked people to volunteer to help others
d. localism: felt local and state government provide help (not federal)
2. As the economy slipped further into a depression, how did the Reconstruction Finance Corporation and
trickle-down economics attempt to revive the economy?
a. RFC: government loaned billions of dollars to railroads, banks and large industry hoping to create
more jobs
b. trickle-down economics: tax cuts and loans to businesses and wealthy individuals hoping they
would invest that money back into the economy creating jobs
II. Challenging Economic Times Lead to Protest
1. Why did some Americans find communism and fascism appealing during the Great Depression?
a. many lost faith in capitalism
b. wanted government to provide help and prevent another depression
2. What was the Bonus Army?
WW I veterans who marched on Washington demanding early bonus payment
3. Why did Hoover’s handling of the Bonus Army cause him to lose what little support he had left?
a. he sent in the military to disperse the protesters
b. they used bayonets and tear gas against the veterans
III. Americans Turn to Roosevelt
1. What was Franklin D. Roosevelt’s background before he was elected President in 1932?
a. wealthy family
b. cousin of Teddy Roosevelt
c. Governor of N.Y.
d. Polio had confined him to a wheelchair
2. Why was President Roosevelt’s cabinet known as the Brain Trust?
Appointed top business leaders and professors to develop solutions to the crisis
IV. The New Deal Begins
Key Points
During the first hundred days of FDR’s Presidency, he past lots of legislation to create programs that became
known as the New Deal. FDR wanted the government to take swift action to provide relief, recovery and
reform to help the nation climb out of the depression.
1. Why did FDR issue a “bank holiday”?
a. closed the banks so people could not withdraw all of the money
b. allowed banks to reopen once they were stable
2. How did FDR’s fireside chats help the nation during this difficult time?
a. FDR gave weekly radio speeches to inform the nation
b. calmed Americans and gave them hope/confidence
3. President Roosevelt’s New Deal created many programs to help the nation during this difficult time.
Identify how each program attempted to help the nation recover.
Program
a. Federal Deposit
Insurance
Corporation (FDIC)
Function
government insured peoples’ savings up to $5000
people began to put their money back into the banks
banks were now able to make loans and help the economy recover
b. Agricultural
Adjustment Act
(AAA)
government paid farmers to not grow and destroy crops/cattle by destroying the
supply, it raised the prices
farmers could now begin to make profits as demand increased
c. Tennessee Valley
Authority (TVA)
government built series of dams in that rural region
created thousands of jobs
provided electricity for people and new industry for the region
d. Civilian
Conservation Corps
(CCC)
hired mostly young men
planted trees, built parks, dug irrigation, fought forest fires
put money in their pockets and provided them with optimism and direction
e. National
Recovery
Administration
(NRA)
f. Public Works
Administration
(PWA)
Regulate industry
Establish minimum wages and prices
Government program to build bridges, roads, power plants and buildings
V. Critics of the New Deal
1. Why did some people criticize the Presidents New Deal programs?
a. conservatives felt it brought the country close to socialism
b. populists/liberals felt the government was not doing enough
2. How did critic Huey Long feel about recovery in his “Share Our Wealth” program?
a. high taxes on corporations and the wealthy
b. redistribution of wealth to the poor