APUSH 2_18 New Deal

download APUSH 2_18 New Deal

of 13

Transcript of APUSH 2_18 New Deal

  • 7/24/2019 APUSH 2_18 New Deal

    1/13

    Do Now:Complete the

    Do Now, turn

    in your

    homework,and set up

    your notes

    2/22/2016Depression & the New Deal (1920s and 30s)

    Vocabulary:

    public works government building projects, like

    dams, bridges, parks

    bank run when a large number of depositors

    attempt to withdraw their funds simultaneouslybecause theyre worried the bank will collapse

    Notes

  • 7/24/2019 APUSH 2_18 New Deal

    2/13

    Announcements

  • 7/24/2019 APUSH 2_18 New Deal

    3/13

    Fireside Chat

    https://www.

    youtube.com/watch?v=iipnhLT

    dh-0

    https://www.youtube.com/watch?v=iipnhLTdh-0https://www.youtube.com/watch?v=iipnhLTdh-0https://www.youtube.com/watch?v=iipnhLTdh-0https://www.youtube.com/watch?v=iipnhLTdh-0https://www.youtube.com/watch?v=iipnhLTdh-0
  • 7/24/2019 APUSH 2_18 New Deal

    4/13

    Scandalous 1920s

    Hardings cabinet filled with scandal

    Teapot Dome: Harry Sinclair used bribes &

    friends in government to get oil from federal

    land; caught in 1924

  • 7/24/2019 APUSH 2_18 New Deal

    5/13

    Scandalous 1920s

    1923, Harding dies, Calvin Coolidge becomes

    president continues laissez faire policies

    Prohibition era: illegal production of alcohol;

    government poisons alcohol

  • 7/24/2019 APUSH 2_18 New Deal

    6/13

    Causes of Depression

    Agricultural overproduction during 1920s

    Speculation Stock market crash (1929)

    Falling demand Overproduction

    Bank runs & failures

  • 7/24/2019 APUSH 2_18 New Deal

    7/13

    Hoovers response

    Election of 1928 Herbert Hoover (Republican)

    wins

    After 1929 crash, Hoovers dilemma: should the

    government give Americans relief or requirethem to help themselves?

  • 7/24/2019 APUSH 2_18 New Deal

    8/13

    Hoovers response

    Reconstruction Finance Corporation (1932):

    made government loans to businesses, banks

    Hoover mocked for lack of success homeless

    built shantytowns called Hoovervilles

  • 7/24/2019 APUSH 2_18 New Deal

    9/13

    Check for Understanding

    Think, then jot down an answer on the back

    of your Do Now

    Why was Hoover elected in 1928?

    Why was Hoover unpopular by 1932?

  • 7/24/2019 APUSH 2_18 New Deal

    10/13

    FDRs Response

    1932, Franklin Delano Roosevelt (Democrat)

    elected

    Bank runs in 1933 FDR declares a bank holiday

    FDR inspired confidence through fireside chats,working quickly (first 100 days)

    Presided over largest reform in American history

  • 7/24/2019 APUSH 2_18 New Deal

    11/13

    First New Deal

    Saved capitalism through socialistic reforms

    New government programs to create jobs, help

    unemployed & farmers, & fix banking system

  • 7/24/2019 APUSH 2_18 New Deal

    12/13

    Dust Bowl

    Late 1933, drought struck Great Plains, followed

    by winds

    Misuse & overuse of soil huge dust storms,

    thousands of acres destroyed Thousands of Okies moved West to California

  • 7/24/2019 APUSH 2_18 New Deal

    13/13

    Chronology

    A. _____ Stock Market Crash

    B._____ Hoovers Election

    C._____ Roosevelts ElectionD. _____ Dust Bowl

    E. _____ Hoovervilles constructed

    F. _____ Teapot Dome ScandalG. _____ Creation of Reconstruction

    Finance Corporation

    H. Bank runs