I Intro (Leave Blank for now)

The Great Depression was one of the u.s. Biggest down fall and was the hardest

Slopes to climb back up. TR did an amazing job to help the American people out of their slump but it did not happen over night.

II Causes (The causes of the great depression were ________, _______, ________)

unstable economy, stock market crash, overgrown food.

A over speculation: People are buying stocks hoping that the prices will keep rising. stocks start falling and everyone withdraws their money making the stock market crash. 

B Govt Policy: Hoover was very stag net and didn't do much for the government and the people.( add more)

C Unstable Econ: stock market was rising causing people buy more stalks which led to over speculation.

1 uneven prosperity: money was not moving around because people were not spending money and the people who war rich stayed rich and the poor stayed poor.

2 overproduction: factories made too much of some products and could not sell enough to make back their money.

3 worker issues / farm issues: After ww1 farmers were still growing the same food because that it is what they shipped to war, but now they have all this food (wheat) that they could not get rid of.

III Effects

A Poverty: Poor people, bread lines, less jobs

B Society: people were out of jobs and begging on the streets for anything to help then. ex jobs, money, food

C World: world trade was not doing well so there was not a lot of money coming in from out of the United States

IV Solutions: New Deal, alphabet soup

A Hoover: United States 31st president, Herbert Hoover. Helped put together the idea of the hoover dam to help people get jobs. 

1 Volunteerism: People would give their time to help out with bread lines and hand out food to the poor.

2 Public Works: Gave people jobs to keep them busy and make some spending money.

3 Hawley Smoot: Made a tax for imported and exported items but it also made protect for American businesses and farmers with that tax.

4 RFC: Reconstruction Finance Corporation-loans were given out to help put money back into the economy.The loans were nearly all repaid

B Roosevelt: Was the e 32nd President of the United States and made the new deal which passed 15 acts to help get people out of the depression.

1 new deal: Roosevelt was passing laws like crazy to try and help people get out of the depression and rebuild the economy. 

a alphabet soup

            example: AAA-Agricultural Adjustment Administration. Made it so farmers would not over grow the same type of food.

            example: CCC-Civilian Conservation Corp. Gave people work to keep busy and help nature.

            example: SEC-Securities and Exchange Commission. Regulate the stock market and prevent fraud.

            example: FDIC-Federal Deposit Insurance Corporation. Provided government insurance for banks.

b Criticsim?: there was criticism from the left and the right.

yes because the left thought that there was not enough government control while the right side thought there was to much

2 2nd new deal

a: improved use of national resources

b: security against old age

c: Helping the unemployed and ill

V Criticism: The left side thought that there was going to be to much government control but the right side thought that there wasn't going to be enough government control.

B Political Criticism (ex. Came from both the _left_ and _right_)

A Conservatives: still believe it was taking to much power away from the big businesses 

B Liberals (ex: criticised the new deal also. They....)

Ex: Huey Long- he was on the left side.

ex: Townsends Plan-

VI Effectiveness: hugely popular 

A Changes in US: made higher taxes but gave people over 60 retirement money

B Unions

C Culture

VII Conclusion: Something that started out as an editors note that would quickly help people build up a retirement fund changed the U.S. older age life style and would also move the retirement age.