Transcript The Great Depression Lesson 10.3

In this photo, a long line of jobless and homeless men wait to get free dinner at a
municipal lodging house during the Great Depression.
• How did the boom times of post-World War I
America lead to bust times of the Great
Depression?
• The Impact on Farmers
• The Economy Slows Down
• Culture in the 1920’s
Americans believed boom would
never end.
Many borrowed money to buy
goods and invest in stock market.
Stock market crashed, thousands of
people and businesses lost money
• Hoover blamed by many for
lack of progress
• FDR elected, pledges “new
deal” to American people
• Roosevelt promises
to create programs
to provide jobs, help
struggling
Americans
Eleanor Roosevelt
• Very active in involving women in
New Deal programs.
• Supported workers’ rights
• Started National Youth
Organization
•
•
•
•
“Alphabet Soup”
CCC
TVA
WPA
• Social Security
Administration
• established a minimum
wage.
• kept interest rates low
• Economy did improve
• Many Americans were still out of work at the
end of the ‘30s
• American were given hope
• Federal government continued (and
continues) to play a large role in the economy.