PRESENTATION NAME

The Great DepressionRyan Braunsberg, Jake Heffner, and David HawleyThesisTo educate our fellow classmates about the Great Depression and what its impact was on the United StatesThe Great Depression Timeline

What Happened?!People were spending more money then their income could handle- Result: big time debtsExtreme spending led to inflation among the economy, people also bought stocks with money they did not yet have because of the booming marketStructural weaknesses eventually led to its collapse and massive bank failures

Why does this matter?People spent money they didnt have on promising stocks because they thought it would pay off in the long runWhen stock market crashed they were out of the money they spent on the stocks and could no longer claim a profit on the stocks due to the businesses not being able to pay them backBlack TuesdayOctober 29, 192916 Million Stocks sold by Americans who had lost faith in the American economyThe worst economic disaster in American history

Desperation at its Finest

Panic after Depression

How it affected AmericansBy 1933, 25% of Americans were unemployed (12,830,000 people)Those that were still employed saw their wages drop 43% on average, sometimes worseThis caused living conditions to drop way down due to low incomeLiving Conditions

Video ClipJames J. Braddock!!!!!

How did they fix this?Groups that helped out:(AAA)- Agricultural Adjustment Administration (CCC)- Civilian Conservation Corps (CWA)- Civil Works Administration (FERA)- Federal Emergency Relief Administration (FHA)- Federal Housing Administration (FSA)- Farm Security Administration (HOLC)- Home Owners Loan Corporation (NRA)- National Recovery Administration (NYA)- National Youth Administration (PWA)- Public Works Administration (REA)- Rural Electrification Administration (SSA)- Social Security Administration (TVA)- Tennessee Valley Authority (WPA)- Work Projects (Progress) Administration

Obstacles of The New DealSupreme Court declared the NRA (National Recovery Administration) unconstitutionalRoosevelt proposed appointing up to six new supreme court justicesFDR won a backdoor victoryEventually named 8 new supreme court justices

What the New Deal didRegulated business and restricted individual freedomRelief to the unemployedPromoting the recovery of the economy

Works CitedDavidson, James West, and Michael B. Stoff. America: History of Our Nation Civil War to Present. Toronto: Pearson Prentice Hall, 2006."The Great Depression." Travel and History. 18 May 2009 . "The Great Depression: A Brief Overview." Welcome to Innovative Teaching Concepts - Providing the educational community a resource for curriculum. 18 May 2009