GREAT DEPRESSION

How the Depression Started:
The Depression started after the Roaring Twenties, a time when all was well and many people were rich. These people invested a lot of money in the stock market, and when the stock market crashed, they lost that money. No one had lots of money, and they took a lot of loans from the bank, so the banks crashed and people lost almost all their money. Because they lost their money, the Depression started.

THE AFFECT ON THE U.S.

• Pres. Herbert Hoover was loathed by a vast portion of America
• Major unemployment, therefore lots of people were very poor
• More than 40% of banks in America collapsed
• More people moved to urban areas, leaving their farms and rural houses behind
• People changed their way of life, they started hoarding food and distrusting banks

WHAT SOME FAMILIES DID TO SURVIVE

• Had to rely on other families on credit untill they could harvest their farm
• Risked losing land in order to support family⬆️
• A lot of African-American men and women had to do what whites said, in fear of being lynched

THE AFFECT UNEMPLOYMENT HAD ON PEOPLE

• People could not pay their rent, so they became homeless.
• If the man of the family became unemployed, their wife would try and find a job
• People lived in Hoovervilles.
• People easily got sick because they had little money.

What Some Fascists Did(KKK):
The KKK had been almost completely obliterated, being torn apart from the inside because of violations of the previous 1920s Klan rules. Although the Klan thrived in the Roaring Twenties, it fell apart in the Great Depression. (Could not find any other groups. Only KKK Great Depression info)

Franklin Delano Roosevelt(FDR)
In the Presidential Election of 1932, Herbert Hoover went for reelection, and his opposition was none other than FDR. In the election, FDR had the majority of forty-four states backing him. He was officially inaugurated on March 4, 1933. FDR made a policy called The New Deal. This passed tons of bills, and the three main goals were as followed: Relief for starving and jobless, recovery for businesses in the agriculture and industrial works, and reforms to change the way the economy worked.

SOME OF THE NEW DEAL POLICIES STILL USED TODAY:

• National Pension System
• Oversight of Labor Practices
• Agricultural Price Supports
• Protection for Savings
• Regulation of the Stock Market

The Ending of the Depression:
The Depression ended because of WWII. The U.S. was attacked by the Japanese at Pearl Harbor, sending the U.S. Into a building frenzy, thus pulling us out of our economical crisis.

NAMES:

• Alex Eilers
• John Ullmer
• Bennett Geraths

Resources:
http://www.pbs.org/wgbh/americanexperience/features/general-article/dustbow...

http://www.history.com/topics/great-depression

http://www.britannica.com/EBchecked/topic/243118/Great-Depression

http://www.english.illinois.edu/maps/depression/depression.htm

Social Studies Book " Creating America"