the great depression and the 1930s. stock market crash (oct. 29, 1929)
Post on 24-Dec-2015
226 Views
Preview:
TRANSCRIPT
The Great Depression and the 1930s
Stock Market Crash (Oct. 29, 1929)
Problems with the Economy
• Stock Market fell 80%
• Industrial output fell to 50%
• Unemployment at 25%
• National income fell more than 50%
• Agricultural income fell more than 50% – And this from an already depressed state
Hoover’s Policies
• Reconstruction Finance Corporation
• Agricultural Marketing Act
THE NEW DEAL
1933-1945
Franklin Delano Roosevelt
3Rs
• Relief, Recovery, Reform
• 1933-35 – Relief/Recovery
• 1935-36 – Recovery/Reform
• Trial-and-error/Pragmatism
• “Priming the Pump”
• Work Fare
THE DUST BOWL
The Dust Bowl (1931-1939)
Dust Bowl Migration
Okie Migration
BAKERSFIELD SOUND
Merle Haggard
Buck Owens
Dwight Yoakum
top related