The Great Depression Ryan Braunsberg, Jake Heffner, and David Hawley.

The Great DepressionRyan Braunsberg, Jake Heffner, and David Hawley

Thesis

• To educate our fellow classmates about the Great Depression and what it’s impact was on the United States

The Great Depression Timeline

What Happened?!• People were spending more money then their

income could handle- Result: big time debts• Extreme spending led to inflation among the

economy, people also bought stocks with money they did not yet have because of the booming market

• Structural weaknesses eventually led to its collapse and massive bank failures

Why does this matter?

• People spent money they didn’t have on promising stocks because they thought it would pay off in the long run

• When stock market crashed they were out of the money they spent on the stocks and could no longer claim a profit on the stocks due to the businesses not being able to pay them back

“Black Tuesday”

• October 29, 1929• 16 Million Stocks sold

by Americans who had lost faith in the American economy

• The worst economic disaster in American history

Desperation at its Finest

Panic after Depression

How it affected Americans

• By 1933, 25% of Americans were unemployed (12,830,000 people)

• Those that were still employed saw their wages drop 43% on average, sometimes worse

• This caused living conditions to drop way down due to low income

Living Conditions

Video Clip

• James J. Braddock!!!!!

How did they fix this?

• Groups that helped out:– (AAA)- Agricultural Adjustment Administration (CCC)-

Civilian Conservation Corps (CWA)- Civil Works Administration (FERA)- Federal Emergency Relief Administration (FHA)- Federal Housing Administration (FSA)- Farm Security Administration (HOLC)- Home Owners Loan Corporation (NRA)- National Recovery Administration (NYA)- National Youth Administration (PWA)- Public Works Administration (REA)- Rural Electrification Administration (SSA)- Social Security Administration (TVA)- Tennessee Valley Authority (WPA)- Work Projects (Progress) Administration

Obstacles of The New Deal

• Supreme Court declared the NRA (National Recovery Administration) unconstitutional

• Roosevelt proposed appointing up to six new supreme court justices

• FDR won a backdoor victory– Eventually named 8 new supreme court justices

What the New Deal did

• Regulated business and restricted individual freedom

• Relief to the unemployed• Promoting the recovery of the economy

Works Cited• Davidson, James West, and Michael B. Stoff. America: History of Our

Nation Civil War to Present. Toronto: Pearson Prentice Hall, 2006.• "The Great Depression." Travel and History. 18 May 2009 <http://www.u-

s-history.com/pages/h1569.html>. • "The Great Depression: A Brief Overview." Welcome to Innovative

Teaching Concepts - Providing the educational community a resource for curriculum. 18 May 2009 <http://www.todaysteacher.com

• improved, employment, and industrial production turned up after June 1938.. "Great Depression - Wikipedia, the free encyclopedia." Wikipedia, the free encyclopedia. 18 May 2009 <http://en.wikipedia.org/wiki/The