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Power Presentations CHAPTER 26

Power Presentations CHAPTER 26. Image. Economics in History.

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Power Presentations CHAPTER 26

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  1. Power Presentations CHAPTER 26

  2. Image Economics in History It’s 1932. The economy is bad, and millions of people are out of work. Some are starving. Two men are running for president. One says the government should give money to the poor. The other says this will make people stop looking for jobs. He wants charity groups to help people in need. Who do you think should help the poor?

  3. • Is the government responsible for everyone’s well-being? • What responsibility do individuals have to help others? • What is the best way to help people out of poverty?

  4. 1929U.S. stock market crashes. Great Depression begins. 1931President Hoover declares that the country will work itself out of the Depression. Image 1932Americans turn against Hoover. Franklin Delano Roosevelt is elected president. 1933Roosevelt initiates government programs to help the economy. 1935Congress passes the Social Security Act. 1936Roosevelt is reelected. 1937Roosevelt tries but fails to add justices to the Supreme Court. 1939John Steinbeck publishes The Grapes of Wrath about migrant workers. To World

  5. 1931Affected by the Depression, Japan invades Manchuria, partially to expand its economy. 1933Adolph Hitler becomes dictator of Germany. 1936Léon Blum, socialist premier of France, introduces reforms such as the 40-hour workweek. 1939Germany invades Poland, starting World War II. Back to U.S. Back to Home

  6. Main Idea After the stock market crash of 1929, the U.S. economy sank into the worst depressionof its history. Why It Matters Now Today the government regulates banking and the stock exchange to prevent suchsevere depressions.

  7. What events led from the stock market crash to massive unemployment in the late 1920s? Stock market crash Banks failed massive unemployment Businesses sold less and laid off workers

  8. • What weaknesses existed in the economy during the 1920s? • What is buying on margin, and how was it a problem? • Why did Hoover become unpopular with many Americans?

  9. Think About • • Hoover’s attitude about federal relief • • why Americans blamed Hoover for their suffering • what Americans might have expected from Hoover Contrasting How did Hoover’s view of the federal government and that of most Americans differ? Back to Home

  10. Main Idea After becoming president, Franklin D. Roosevelt took many actions to fight the Great Depression. Why It Matters Now Roosevelt increased government’s role in helping needy Americans and regulating the financial industry.

  11. PROGRAM GOAL PROGRAM GOAL NRA FERA PWA Image WPA relief AAA REA TVA NYA CCC Wagner Act FDIC Social Security What were FDR’s major programs? Was the goal of each program: relief, recovery, reform, or a combination? recovery and reform relief relief recovery recovery recovery relief relief and reform reform relief and reform reform

  12. • How did Roosevelt give Americans hope? • What happened during the period known as the Hundred Days? • What were the consequences of FDR’s attempt to increase the size of the Supreme Court?

  13. Think About • • the conservatives • • Huey Long, Father Coughlin, and Francis Townshend • those who opposed the “court-packing” bill Analyzing Points of View What were some of the different reasons that people criticized FDR? Back to Home

  14. Main Idea During the Depression, most Americans knew great hardship. Why It Matters Now Because of this, a generation was scarred by suffering in ways that later generations were not.

  15. ruined farms hunger lack of jobs homelessness Dust Bowl Family Life dust storms breadlines Image migrants unemployment Art Labor Unions sit-down strike escapist art portrayed hard times growing strength of labor movies for recreation CIO What were some important details about life during the Depression? Life During the Depression

  16. Map • How did storms in the Dust Bowl contribute to economic problems? • What effect did the Depression have on families? • How did Eleanor Roosevelt help her husband, the president?

  17. Think About • • African Americans • • Mexican Americans • Native Americans Recognizing Effects What were some positive and negative results of the government’s policies toward minorities during the Depression? Back to Home

  18. Main Idea The Depression and the New Deal had many long-term effects on U.S. government and society. Why It Matters Now Politicians still debate how large a role government should play in American life.

  19. What are the legacies of the Depression and New Deal? Legacy of the Depression and New Deal • a national pension system • agricultural price supports • protection for savings • regulation of the stock market • oversight of labor practices

  20. • What psychological impact did the Depression have on many Americans? • What finally pulled the United States out of its economic depression? • How do today’s political differences date back to the Depression?

  21. Think About • • Social Security • • Federal Deposit Insurance Corporation • Securities and Exchange Commission Drawing Conclusions Of the following New Deal programs, which one do you think affects your life the most? Back to Home

  22. REVIEW QUESTIONS ANSWERS: READ AND TAKE NOTES

  23. 1Why did stock prices fall so quickly during the stock market crash? 2Who did President Hoover think should help the needy? 3How did MacArthur’s attack on the Bonus Army affect the 1932 election? 4What was the “brain trust”? 5What were fireside chats, and how did they affect the country?

  24. 6Why didn’t Roosevelt propose many new programs during his second term? 7How did writers and filmmakers respond to the hard times? 8What new bargaining tactic did labor unions use, and how did it work? 9How did the New Deal change the role of the federal government in American life? 10What New Deal program remains popular even though it is in financial trouble?

  25. Hoover’s Responses FDR’s Responses Citizens’ Responses Effectiveness Effectiveness Effectiveness Evaluating GREAT DEPRESSION • didn’t interfere in economy • rugged individualism • encouraged charity • limited, late relief efforts • tried new ideas • fireside chats • New Deal • Second New Deal • Rejected Hoover and supported FDR • turned to bread lines • recorded hard times in art • developed fear of the future Answers will vary. Answers will vary. Answers will vary. Back to Home

  26. Use these buttons to go back to the previous slide, or to move forwardin the presentation. These labels let you knowwhere you are in the presentation. To reveal the content of a slide just press the space bar or click your mouse once. When you click on the arrow you will be linked to a related visual. To use a button, move your pointer over the button. When yourpointer becomes a hand,click your mouse. Map Image These buttons linkyou to special areas. Back to Previous

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