THE GREAT DEPRESSION AND THE NEW DEAL(1929-1939)

The Great Depression & The New Deal

• Vocabulary:Sstock market crash, dust bowl, new deal coalition..
• Product: Students will be able to know the main roots of the Great Depression
• Objective:We will go over how the Great Depression & new deal relate
• Essential question: How does the Great Depression affect us today?

THE GREAT DEPRESSION ROOTS

• Agricultural problems:
• Farm prices were high during ww1, dropped after the war &never recovered
• Installment buying:
• Many Americans simply did not have enough money for installment payments
• For example: automobiles, refrigerators, vacuum cleaners etc.

THE GREAT DEPRESSION ROOTS

• Uneven division of wealth:
• America was wealthy in the 1920 but the wealth didn't extended to all society
• The stock market:
• Citizens became well thy by purchasing stock
• They couldn't lay back these payments & stock market crashed

HOW STOCK MARKET CRASH CUASED THE GREAT DEPRESSION

• Bank closings increased:
• Many banks in America had to close because farmers couldn't repay loans
• Income fell for industrialists: workers lost their jobs because
• workers lost their jobs because industrialists invested in stock market