the great depression
DESCRIPTION
The Great Depression was an event felt by the entire world, an economic collapse unparalleled in history. This period in history has special relevance today, as we experience many of the economic troubles that affected our predecessors during that troublesome period. The web site will examine several different topics relating to the Depression.TRANSCRIPT
![Page 1: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/1.jpg)
![Page 2: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/2.jpg)
Migrant Mother
The photograph that has become known as "Migrant Mother" is one of a series of photographs that Dorothea Lange made of Florence Owens Thompson and her children in February or March of 1936 in Nipomo, California.
![Page 3: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/3.jpg)
During the Great Depression in the United States, millions of homeless people settled in teeming communities of makeshift shacks known derisively as “Hoovervilles”.
The Hooverville Phenomenon
![Page 4: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/4.jpg)
Who wants to know more about The Great Depression?Who wants to know more about The Great Depression?People interested in alternative views of history
EconomistsPeople interested in American History
People curious about public policy
![Page 5: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/5.jpg)
The Federal ReserveThe Federal ReserveKept interest rates low leading
up to the crash of 1929Tightened the money supply in
late 1931Raised interest rates in 1928 to
halt outflow of gold from BritainActions were opposite of what
was done during the post war crash of 1920 – 1921, when the American economy recovered from a large collapse with little government intervention from the Federal Reserve.
![Page 6: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/6.jpg)
Herbert Hoover Herbert Clark Hoover
(August 10, 1874 – October 20, 1964) was the 31st President of The United States(1929–1933).
Passed the Railway Labor Act in 1926
Worked to keep wages artificially high
Passed Smoot-Hawley Tariffs in 1930, further weakening the already shocked U.S economy.
Ordered an increase in the deportation of immigrants during the crisis
![Page 7: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/7.jpg)
Franklin D. RooseveltSworn in March 1933Immediately formed
several Federal Agencies, the C.C.C, F.E.R.A, P.W.A, N.R.A to fight the Depression
Threatened to “pack” the Supreme Court if they kept ruling his measures unconstitutional.
Unemployment reached 19% in 1938, after 5 years of his interventionist policies.
![Page 8: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/8.jpg)
Andrew MellonServed as Treasury
Secretary under Harding, Coolidge, and Hoover.
Served from 1921 to 1932Cut taxes from 73% to 25%
in 1921-1925Ran budget surplus every
year of the 1920’s, one of the most prosperous decades in U.S history.
![Page 9: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/9.jpg)
Depression Era Unemployment Chart
![Page 10: The Great Depression](https://reader034.vdocument.in/reader034/viewer/2022050722/5467b6b8af795915118b73fe/html5/thumbnails/10.jpg)
Citations Unemployment Line Photo –
http://www.archives.gov/research/american-cities/images/american-cities-129.jpg Migrant Mother Photo -
http://upload.wikimedia.org/wikipedia/commons/5/54/Lange-MigrantMother02.jpg Seattle Hooverville Photo -
http://www.vintageseattle.org/wp-content/uploads/2009/04/hooverville_01.jpg Andrew Mellon Photo –
http://upload.wikimedia.org/wikipedia/commons/0/03/AWMellon.jpg Herbert Hoover Photo -
http://en.wikipedia.org/wiki/File:Herbert_Hoover.jpg Franklin Roosevelt Photo -
http://en.wikipedia.org/wiki/File:FDR_in_1933.jpg Federal Reserve Logo –
http://images.quickblogcast.com/6/7/7/9/5/169989-159776/600px_US_FederalReserveSystem_Seal_svg.png
What is a Hooverville? – http://www.semp.us/publications/biot_reader.php?BiotID=626
Migrant Mother Info – http://www.loc.gov/rr/print/list/128_migm.html
Unemployment Chart – http://badgerblogalliance.blogspot.com/2009/01/new-deal-and-great-depression.html
“The Politically Incorrect Guide To The Great Depression and The New Deal” – by Robert Murphy, Ph.D