Minnesota History/ Boom and Bust

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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during the Booming 1920s and the Great Depression of the 1930s • I can recognize why Prohibition was enacted and repealed • I can give examples how the New Deal changed the role of the Federal Government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