Transcript Minnesota History/ Boom and Bust
Minnesota History/ Boom and Bust
Chapter 15
Today’s Targets
• I can explain what happened during the Booming 1920s and the Great Depression of the 1930s • I can recognize why Prohibition was enacted and repealed • I can give examples how the New Deal changed the role of the Federal Government
Boom and Bust
• • • • • • •
Wilbur Foshay
/Washington Monument/In Minnesota/Built fortune from the Stock Market Built the
Foshay Tower
downtown Minneapolis in
Finished August of 1929
, right before the crash When built the largest structure West of the Mississippi River When Stock Market crashed Foshays fortune gone
Great Depression
stock market crash - 1930s economic crisis that trigger the Today: Building/Stock Market??
Jazz Age/1920’s
• • • • • •
Jazz
blends of African American musical styles with western technique and theory Originated in
New Orleans Flappers
- women that had short hair and skirts in the 1920s
Prohibition
- period from 1920 1933 where making and selling of alcohol was illegal
Speakeasies
- a bar or tavern in the Prohibition age (Password)
Bootleggers
- person who makes or sells illegal alcohol
Farm Crisis/Soup Lines
• • • • • 1920s and 1930s were tough for farmers (went broke) 1920s farmers produced to much (Cows and Hogs) WWI done
Foreclosure
- sale of a farm or house for unpaid debts 1930s organizations like the
Salvation Army
were struggling to give welfare Welfare- aid in the form of money or necessities for the poor, elderly, disabled or unemployed
Farm Crisis/Soup Lines
• • • • • 1920s and 1930s were tough for farmers (went broke) 1920s farmers produced to much (Cows and Hogs) WWI done
Foreclosure
- sale of a farm or house for unpaid debts 1930s organizations like the
Salvation Army
were struggling to give welfare
Welfare
- aid in the form of money or necessities for the poor, elderly, disabled or unemployed • Many homeless or lived with families • Men ditch family (embarrassed) • 1931-
1out of 6
out of work • • • 1932/FDR Elected/New Deal/ Fireside Chats
New Deal
- federal program during FDR presidency to improve the economy
Fireside Chats-
took his ideas and programs to the people in radio broadcasts
New Deal
• • • •
Agricultural Adjustment Act (AAA)
- paid farmers not to grow certain crops
Works Progress Administration (WPA)-
employed men and women to build schools, hospitals, parks, and airports
Rural Electrification Administration (RAE
)- Loaned money to extend electricity to rural areas 1 Billion into MN/Helped end the depression but WWII would break it