Immediately have out Top Secret mission packages delivered

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Immediately, have out: • Top Secret mission packages delivered on Thursday. • Textbooks. •

Immediately, have out: • Top Secret mission packages delivered on Thursday. • Textbooks. • Boom and Bust Unit plans.

Mission Status: • This week, all agents must meet with me. • When you

Mission Status: • This week, all agents must meet with me. • When you do, you must be ready to tell me everything you have found out so far. • You must bring: – Your document – Your one-paragraph summary of what you’ve learned about your mission. – Your textbook – All sources compiled so far.

Quickie Unit The Great Depression and the New Deal: 1929 -1939

Quickie Unit The Great Depression and the New Deal: 1929 -1939

Quick Tour of the Crash

Quick Tour of the Crash

1. What caused the stock market crash (583 -584)? 2. What caused the Depression

1. What caused the stock market crash (583 -584)? 2. What caused the Depression to get continually worse in the early 1930’s? 3. How do Nash and Jeffrey differentiate between the effects of the Depression on men and women? Who do they argue was most effected and why? 4. How was the Depression a global catastrophe? 5. Describe the Bonus Army fiasco. 6. What was so appealing about FDR in the election of 1932? What promises did he make to the American people? 7. Describe FDR’s first 100 days in office.

1. Explain the two major phases of the New Deal. What programs were enacted

1. Explain the two major phases of the New Deal. What programs were enacted in each phase, and what did they seek to accomplish? 2. Who criticized the New Deal and why? 3. How did communication technologies and popular culture change during the 1930 s? 4. What were the accomplishments of FDR’s second term in: • housing (HOLC, FHA) • agriculture (second AAA) • labor (Fair Labor Standards Act) 5. How did the following create political difficulties for FDR? • “Roosevelt recession” • court packing fight • party purge • sit down strikes 6. Why has it been said that in the court fight FDR lost the battle but won the war? (or did he win the battle but lose the war? ) 7. Why are the Depression and the New Deal considered to have a mixed legacy?

Playing the stock market fueled the economic boom. Fever-pitch of buying drives overvaluing of

Playing the stock market fueled the economic boom. Fever-pitch of buying drives overvaluing of the stocks. Even common folk are getting into buying stock. To afford it, people borrow (buying on margin). Banks make risky loans to people who want to play the stock market. • Big investors start to realize: many of these stocks aren’t worth what their being priced at. • They pull out money. • • • October 1929 • Panic sets in. Everyone pulls their money out. • Prices plummet. • Loans called in by banks, brokers ask for payment. • No one has the money!

Stats of Depression • Stock prices in the United States continued to fall, until

Stats of Depression • Stock prices in the United States continued to fall, until by late 1932 they had dropped to only about 20 percent of their value in 1929. • By 1933, 11, 000 of the United States' 25, 000 banks had failed. • By 1932, U. S. manufacturing output had fallen to 54 percent of its 1929 level. • Unemployment had risen to between 12 and 15 million workers, or 25 -30 percent of the work force.