The Pain of a Failing Economy

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The Pain of a Failing Economy
What are your thoughts and feelings
about the loss of the quizzes?
 How did you feel during this activity?
 What did you think when the teacher first
told you the quizzes were missing?
 How did you feel when you thought the
teacher was not going to give credit for the
missing work?
 How did you feel when the teacher began
reading names?
 What were your feelings toward the
students whose quizzes had not been lost?
 What were your feelings toward the
teacher?
 How did your feelings change as the
activity progressed?
 Have there been other times in your life
when you felt some of these same feelings?
When?
In-Class Experience
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Bank Failures
 Americans worked hard to earn
money at jobs that were
difficult.
 Americans deposited their
money in banks, institutions
they thought they could trust.
 Many banks in the late 1920s
and early 1930s went bankrupt
and lost the money people had
deposited in them.
 Depositors were angry,
frustrated, and hopeless when
banks lost their money.
The Human Impact of the Great
Depression
 Read handout
2.2B- Bank Failure: People Lost
it all
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659 banks failed in 1929
1930…1350 banks
1931…2,293 banks
$3.2 billion in savings
 families were left penniless and
were left but nothing but the
shirts on their backs
 One woman..25 years of
saving from making
rugs… $963 and $2,000
from husbands
insurance…Nothing was
left but charity
2.2b Americans refuse to give up
 Transparency reflects
American work ethic
and value of self
reliance during the
Depression
Unemployment
 Affected people
psychologically as
well as financially
 minorities were first to
lose their jobs
 married women were
still expected to be
home while single
women were often
blamed for male
unemployment
2.2c Dust Bowl: financially
ruined many midwest farmers
 Droughts
 high winds
 grasshoppers
 bank failures
 low prices/large loans
 destruction of crops
and lives of American
farmers
2.2 D Breadlines:
 Americans take what
they can get/relief was
scarce or not enough
 soup
kitchens/breadlines/
and shelters provided
help
 what’s the mood of the
American people?
Lack of Public Relief
 Disease was ramapant:
tuberculosis, typhoid,
and dysentary
 entire towns of
unemployed coal
miners in Kentucky
lived on blackberries
and dandelions
2.2 e steel workers gathered
outside their winter shelter
Homelessness
 People lived in public
parks, sewer pipes or
crowded apartments
 Hoovervilles: made of
cardboard shacks and
packing boxes--named
after Pres who people
said did not help ease
their suffering
Brother Can You Spare a Dime
 What is the mood of this song?
 What did the singer do before the
Depression?
 Why do you think he feels the way he does
now?
 How do you think people like him coped
during the Depression?
Illustrated Flow Map
 Choose one of the causes of the Depression
 Show its consequences in an illustrated
flowchart
 charts should clearly show how the cause
you selected impacted Americans
 flowcharts should be composed of at least 4
boxes, each box must contain appropriate
illustration or visual symbol and caption.
 The Crash did not cause the Depression,
rather it was one of many complex factors.
 Historians agree on 6 key factors:
 1)Republican domestic and international
economic policies.
 2) unchecked stock speculation.
 3) weak,unregulated banking
 4) overproduction of goods.
 5) the decline of the farming industry.
 6) unequal distribution of wealth
The Great Depression---Illustrated Flow Map
To increase production,
farmers bought expensive
machinery on credit.
Farmers were forced to leave the
Dust Bowl, and many went
looking for work.
Overproduction
depressed prices for
farm crops.
Severe dust storms
raged throughout
Midwest in early
1930s.
Many farmers were unable to
pay bank loans to banks.
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