1 / 11

Great Depression

Great Depression. Over speculation lead to stock crash Wall Street crashed in October 1929 Stocks people had bought were worth nothing Had a domino affect for rest of economy. Causes of Great Depression. Europe couldn’t repay loans Customers couldn’t repay loans

nikkos
Download Presentation

Great Depression

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Great Depression

  2. Over speculation lead to stock crash Wall Street crashed in October 1929 Stocks people had bought were worth nothing Had a domino affect for rest of economy Causes of Great Depression

  3. Europe couldn’t repay loans Customers couldn’t repay loans Customers took money back all at once This lead to a worldwide economic depression. Lasted the longest in the United States Reason for Bank Failures

  4. Utah was hit harder than most of the nation. Took jobs for lower pay and some children left home. Rationing was common for almost everyone. Federal Government does nothing. Great Depression in Utah

  5. Local government created work projects Many private charities collected money and food. Still was not enough and conditions started to worsen

  6. Independently write the top three areas you would focus on to help the economy recover. • With a partner decide on the top one between your six focus areas. • Discuss as a class some of the results. What would you do to get out of the depression?

  7. Franklin Delano Roosevelt (FDR) elected president. • Created a program of government assistance called the “New Deal” • Civilian Conservation Corps (CCC) • Works Progress Administration (WPA) • Farm Security Administration (FSA) • Federal Emergency Relief Administration (FERA) • Federal Deposit Insurance Corp (FDIC) • Social Security Act • Unemployment Benefit The New Deal

  8. What do you think the Government should of done?

  9. LDS Church’s Security Fund (Welfare Plan) • Established farms, canneries, bishop’s storehouses • Members volunteered to work and donate This was not enough and still relied on Federal Government. LDS Church Programs

  10. Fed. Gov. provide relief but did not end it. WWII ended the Great Depression. End of Depression

More Related