1. Review the Presentation that was posted yesterday on the Great Depression.
2. Review the Video America in the 20th Century. At this point, everyone should have a POWER MEDIA PLUS! account. If you don't follow previous links to get one.
3. After viewing the video, watch, and listen to the lecture. You are responsible for TAKING NOTES.
4. After completing steps 1 and 2, answer the following questions
1. What was the cause of the 1929 stock market crash?2. Discuss the causes and consequences of the Great Depression.
3. Describe the attempts made to deal with the crisis.
4. What were Hoover's efforts to resolve the Depression?
5. Explain the purpose ofFDR's New Deal and its accomplishments.
6. List some of the work provided for the unemployed and other methods of direct assistance.
7. Compare and contrast the views of those who opposed and those who supported the New Deal.
8. Describe the cause for the second New Deal and its outcome.
9. Discuss the effect the New Deal had on women and minorities.
10. What were some of the effects the New Deal had on American culture?
6 comments:
brent owens
1)The main cause of the market crash was the excessive "buying on margin" done by so many speculators. This was a system by which a buyer of a stock only paid for 10% of its value initially, and by the time the remaining balance was due to the broker, the value of the stock had risen by that much or more, so the buyer could then sell it back, pay off the broker what was owed, and pocket the difference. So, you could buy $1000 worth of stock for $100, wait a few months, then sell the stock for $1200, pay off the broker his $900 , and pocket the balance of $300
2)the causes of the great deppression were the stock market crash of 1929, the Dust Bowl, and the US's economic policy with europe.
3) In 1932, Franklin Delano Roosevelt was elected President based on his promises to create Federal Government programs to end the Great Depression. Within 100 days the “New Deal” was signed into law. This created 42 new agencies designed to create jobs, allow unionization, and provide unemployment insurance. Many of these programs, such as Social Security, the SEC, and FDIC (Federal Deposit Insurance Corporation) are still here today, helping to safeguard the economy.
However, the extent of the Great Depression was so great that government programs alone could not end it. Unemployment remained in the double-digits until 1941, when the U.S. entry into World War II created defense-related jobs.
4) creating jobs such as building dams and constructing roads.
5)The New Deal was the name that United States President Franklin D. Roosevelt gave to a sequence of central economic planning and economic stimulus programs he initiated between 1933 and 1938 with the goal of giving aid to the unemployed, reform of business and financial practices, and recovery of the economy during The Great Depression. The enactment of New Deal policies lasted from 1933 through 1939.[1][2]
5) the work that was provided for people during the great deppression consisted of building libraries, hospitals, schools, and roads.
7) the new deal created new job oppurtunities for women and minoities.
8) the new deal created new organizations that would help people find jobs and work oppurtunities for youths.
1. The cause of the 1929 tock crash was that many investors began to seel off their stocks one after another
2. The causes was that America began to put a tax on forign goods and this plan back fired when the countries taxed were not able to pay back their war debts. So those countries bgan to stop buying American goods. The stock markets alsp had soemthign to do with it because many investor sold all their stocks, therefore the value of the stock market went down. Also since the ecomnoy was booming, Americans began buying things they couldnt really affrod like houses and cars. Some consequences was that many people beagn to lsoe there jobs, eventaully it came to 13,000,000 people became job less.
3.Threee attempts was the contrustion on dams to create jobs for many. Another attempt was the Reconstrution Finaance Corportation Act and then the final attmept was the New Deal set by FDR.
4.Hoovers efforts were to let the ecomomy fix itself, the constrution fot eh dams and thr (RFC)
5.The purpose of the New Deal was a promise made to America by President Roosevelt that promised a new deal for the America people. iTs accomplishemnts were to bring relief for the needy, economis recovery, and the finncianl reform.
6. Some of th qork provided waswas the Civilan Conservation Corps which put men aged 18 to 25 on builiding roads and eveloping park, panting trees ad helping soil eriosin. and the National Industirla Recovery Act provided money to states to create obs chiefly in the constution of scools and other community buildings.
7.Many who thought the New Deal Plan was bad believed that it violated resppect for the rights of individuals and property, when other like Father Charles Couglin who broadcatsed radio sermons that combined ecomnic, political and reliogios ideas favored a guranteed annual income and the nationalization of banks.
8. The cuase for the second New Deal was brought up durng the election and was put into action because so amny people including Congress didnt approve of the first one.
9. Thye effect the new deal had on women was that it made women have higher seats in power and the worker women emplyeement went up. Other groups like the African Americans also had chage because they were now more job openings and this policy even set the ground work for the civil rights movement.Also Mexican Americans and Native Americans also recieve more respect when they got more jobs on farms and full citizenship as well.
10.Some effects were that the groups that didnt get much respect in socitey were know more powerful and now working and the coutnry was on nthe way to recovery due to this act.
Allison OHagan
Period 2
10.
1. The desire for consumer items (expensive items refrigerators, radios, and automobiles) went down as Americans became satisfied with what they had. This in turn affected the companies and workers that produced these items. A downward spiral was set in motion.
2. Many people had little to no money, some lost their jobs and homes. Many could not afford to buy food.
3. They had soup kitchens and bread lines to give food to people that couldn't afford to buy.
4. Hoover passed the Federal Home Loan Bank Act, and the Reconstruction Finance Corporation.
5. FDR's New Deal had 3 goals:
-Relief: To bring relief to suffering Americans.
-Recovery: To bring economic recovery and bring the economy back to what it was.
-Reform: Make reforms happen so that a depression wouldn't happen again.
6. the Civilian Conservation Corps put young men to work building roads, planting trees and helping in soil-erosion and flood-control projects.
7. The American Liberty League opposed the New Deal measures that it believe violated respect for the rights of individuals and property.
8. During the Second New Deal time period, the president called on Congress to provide more extensive relief for both farmers and workers.
9. The New Deal gave many more opportunities for women and other minorities. It let them be part of government and gave them more job opportunities.
10. It helped the depression, and it made sure that peoples money in the bank were safe. It also made sure a depression wouldn't happen again.
Daniel P.
Period 2
1. What was the cause of the 1929 stock market crash?
The cause of the stock market crash was due to many reasons. Stocks were on the rise and every American started investing their money because everyone thought that they would make more money. Stock Brokers started lending citizen’s money to purchase more stocks which was called buying on margin. Investors only had to put up about 20% of the price of the stock while the stockbrokers would loan them the rest. Big businesses as well as banks started investing into stocks as well. When the stock started to fall people started to panic and were afraid of losing their money. In one day over 16 million stocks were sold and this was to be later known as Black Tuesday.
2. Discuss the causes and consequences of the Great Depression.
The causes of the Great Depression were due to the rise and crash of the stock market (Black Tuesday). People started spending more than they were making and living well beyond their means. Stores and banks invested heavily in the stock market and when it crashed Americans ran to take their money out of the banks until the banks ran out of money. Banks ran out of money and eventually had to close and go out of business. Banks closed and left many depositors with nothing. Americans started using credit to make their purchases so many businesses stocked up on products to meet the high demand. When Americans slowly stopped making these purchases, businesses were left with too much inventory and could not sell the products. They too slowly started to lose money. The construction business decreased. The uneven distribution of money during this time only allowed a few Americans to prosper during this time. The Federal Government supported big businesses and many businesses borrowed more than they were able to repay. The Federal Government created the Hawley Smoot Tariff Act to protect American farmers and businesses but it backfired when foreign countries started to tax American imports into their country. This prevented foreign countries from purchasing American products. During the Great Depression many people lost their jobs and didn’t have any money to pay off debts for their house, money borrowed from banks and stockbrokers as well as f or food and clothing. It left many people homeless, jobless and hopeless. The Great Depression led up to the opening of soup kitchens and the bread lines. Soup kitchen was the offering of free foods or low- costing food and the bread line is where there was a line of people waiting to receive food that was provided by charitable organizations or the public agencies. The Great depression led to many people committing suicide rather than face the possibility of being poor. Shanty towns started popping up everywhere.
3. Describe the attempts made to deal with the crisis.
The attempts made to deal with the crisis were people starting hopping on freight cars to other places in their attempt to look for jobs. Children had to leave school in an attempt to find work to help out the family. Soup kitchens and breadline were established to deal with the crisis.
4. What were Hoover's efforts to resolve the Depression?
Hoovers efforts to resolve the Depression was that President Hoover called businesses and banks and labor leaders to come together and stop the firing of workers or calling strikes. Hoover approved funding for businesses in attempt that the renew businesses would help the people. He created the Public works programs in hopes that creating these jobs would help the unemployed.
5. Explain the purpose of FDR's New Deal and its accomplishments.
FDR’s purpose of the New Deal was to transform the way American government worked. The New Deal economic financial reforms included the creation of the FDIC, the SEC, Federal Securities Act, the CCC (Civilian Conservation Corp, the Public Works Administration, Emergency Banking Relief Act, Social Security Act, PWA (Public Works Administration) and CWA (Civil Works Administration), Agricultural Adjustment Act, and the Tennessee Valley Authority has helped to stabilize the nation’s finances and economy. These reforms helped create new jobs, helped rebuild the trust in banks, helped restore public confidence in the stock market, and prevented the manipulation of the stock market, provided funds to the state to help build new schools and libraries and other community buildings.
6. List some of the work provided for the unemployed and other methods of direct assistance.
- Created construction jobs
- Allowed only banks who were financially solvent to reopen and rebuild the American people’s trust in banks, provide insurance to bank depositors
- Helped rebuild confidence in the stock market
7. Compare and contrast the views of those who opposed and those who supported the New Deal.
Some of the people who opposed the New Deal felt that it was not doing enough for the poor and the elderly. The opposition wanted to collect money and return to those in the form of a pension, was favoring the wealthy business owners, wanted guarantee annual income for all Americans, share the wealth with everyone and the new deal created a overwhelming spending of money. His direct approach to the Americans was very reassuring in what he wanted to accomplish. Many supported the opportunity in creating new jobs, building new schools and the creation of a minimum wage for all workers.
8. Describe the cause for the second New Deal and its outcome.
The cause for the second New Deal was because the New Deal worked but not as well as what the President had wanted. He reached out to his wife Eleanor to assist in the second new deal. He created the WPA (Works Progress Administration) which created over 8 million jobs for unskilled workers and professionals from 1935-1943. Roads were rebuilt, new schools and libraries were created and required minimum wages and maximum hours for workers. Helped reform labor laws and created the National Labor Relations Board to prevent unfair labor acts. Americans for the first time over 65 years of age were able to receive old age insurance, jobless workers received unemployment compensation and families with depended children and the disable receive aid. During this phase the president also called on congress to provide more extensive relief for both farmers and workers. Programs reflecting the progress made by women and minorities grew. Francis Perkins became the first female secretary of labor and Mary McLeod Bethune was elected to be the head of office of minority affairs and the first African American women to head an agency.
9. Discuss the effect the New Deal had on women and minorities.
The effect that the New Deal on the women and minorities was the first time election of minorities to certain post within the government. Francis Perkins became the first female secretary of labor and Mary McLeod Bethune was elected to be the head of office of minority affairs and the first African American women to head an agency.
10. What were some of the effects the New Deal had on American culture?
The New Deal helped establish benefits for the elderly, changed the face of rural America by supplying them with electricity, changed the way we viewed women and minorities in America. The New Deal created million of new jobs for the unemployed and built new schools and community buildings throughout America. New labor laws were created and union membership increased. New standards were created and provided minimum wages and maximum hours for workers. Ultimately with the United States entering WWII, and the concentrated effort America took to help build weapons and supplies the American economy grew and the Great Depression came to an end.
1. The causes of the stock market crash in 1929 was that everyone bought things with money they didn't have, and people automaticly spent any money they made.
2. The causes of the Great Depression was that people had to sell all of their stocks and items for paying back the brokers, banks failed and people took their money back from them, and world trade wasn't very well. The consequences was that many people became homeless, one fourth of the US banks went out of buisness, so no one or nothing got any money, and European exports didn't come to the US.
3. Some attempts made by the people where making bread lines for the poor, so they wouldn't starve to death. Another attempt where to make hoovervils so the poor would have shelter, and the bounous army marched to get some money.
4. Some attempts to deal with the crisis was making the Hoover Dam, which supplied electricity, and gave people work, the president tried to make people and orginizations, like buisnesses and farmers, to work together, and he also tried to make the Smoot Hawley Act, so we could trade again.
5. FDR's New deal was used to fix the social lives of people, and the economy. It did this by resolving the problems of unemployment, bank falures, and starvation.
6. Some of the jobs that were offered from the New Deal was planting more trees, and working on the Hoover dam. Some meathods of fixing the situation was to make sure buisnesses have fair competition, and that farmers produce less of what they made, so they would get more.
7. The people who liked the New Deal said that it stimulated the economy, and gave people employment, but for those who didn't support it said that it required too much money, and that it would just colaspe. The people who agreed with it were mainly democratic and poor, while the opposition were republican and wealthy.
8. The second New Deal was made in order to convince people to support it, and to help everyone out that the first one didn't. The out come was that many more people got what they wanted.
9. The New Deal effects on women and minorities was that they were able to get better employment than they have ever gotten before.
10. The New Deal changed the American culture by adding new programs to ensure economic protection, like social security, to the people. It also gave woman and minorities more roles in the American society.
Andrew Villa Period 2 931
1 the cause for the stock market crash was known as black tuesday it happend and affected many people.
2.there were many obstacles people faced during the great depression like, 25% of the population was left without jobs, people diodnt have food, people couldnt afford anything and the nations economy went down.
3.there were many attempts to help the people like, tenamnets were bulit for homeless people and food was given out also.
4.president FDR made many attempts to help the economy, like the new deal act, they were known as the alphabet laws and they showed relief, reform, and recovery.
5.FDR's purpose with the new deal was relief, recovery, and reform. he had many accomplihmnets like the FDIC thats still used now.
6.FDIC was to help the people believe in putting their money in bamks again this made people have more jobs and the banks to have more money.
7.people who supported the new deal needed the governemnts help, but people who didnt agree with the new deal thought the govenrment had too much power and was only helping the high-class.
8.FDR made the second new deal to help other people like painters, artists. people who werent benifited by the first new deal, yes it was succesful.
9.the new deal had effects on women and minorities because the
2nd deal helped the minorities.
10.some of the effets the new deal had on american culture was that it definetlly brought the econonmy up and it helped relief, reform, and recover the nation.
angela rivera
903
us history 2nd period
Post a Comment