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The Great Depression

The Great Depression. Ryan 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 ?!.

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The Great Depression

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

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

  3. The Great Depression Timeline

  4. WhatHappened?! • 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

  5. 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

  6. “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

  7. Desperation at its Finest

  8. Panic after Depression

  9. 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

  10. Living Conditions

  11. Video Clip • James J. Braddock!!!!!

  12. 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

  13. 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

  14. What the New Deal did • Regulated business and restricted individual freedom • Relief to the unemployed • Promoting the recovery of the economy

  15. 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

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