THE GREAT DEPRESSION

THE START OF THE GREAT DEPRESSION

• Began on Black Thursday, Oct. 24, 1929
• The stock market crashed (also known as the Wall Street Crash)
• The worst economic collapse in the history of the modern industrial world
• Long lasting and very severe

THE WALL STREET CRASH

• Crash was in New York
• Began in 1929
• The crash was the day that the collapse of the share prices happened
• Its called the Wall Street Crash because it happened on Wall Street
• Affected the poorest members of most of the world

THE DEPRESSION MADE THINGS WORSE

• Companies and individuals had borrowed money to produce and buy goods
• Thousands were unable to repay their loans and over 3,000 banks went backrupt
• 3,000 banks went bankrupt by 1933
• Unemployment rose to 14 million by 1933
• Poverty and unemployment were especially common for poor farmers and blacks

EFFECTS ON THE ELECTION

• Hoover's limited attempts to improve the economy failed
• Despite his wealthy background, Roosevelt was very concerned for the poor
• Roosevelt promised a new deal of positive action to fight the Depression

OUTCOME FOR ROOSEVELT'S DEAL

ROOSEVELT'S NEW DEAL

• Three R's (relief, recovery, reform)
• By the end of deal they reformed many aspects of society
• The aspects are to prevent further depressions in the future

AFFECT ON PEOPLE

• Many lost their Jobs, Houses, and a lot of their other belongings
• The Depression didn't treat people with respect

THE ENDING OF THE GREAT DEPRESSION

• Affected many lives
• Lasted for a long time
• Closed businesses and a long lasting affect on Wall Street
• The Depression didn't show respect and fairness to the poor
• Between 1934 and 1940, they reformed many aspects of society to prevent further depressions

CONNECTION TO NOVEL

• To Kill a Mockingbird was written after the Great Depression
• Affected many poor people and in the book Tom Robinson had some effects
• The Depression came to a conclusion and so did Tom Robinson's trial

WORKS CITED

• Leuchtenburg, William E. Franklin D. Roosevelt and the New Deal, 1932-1940. New York:Harper Torchbooks.
• McElvaine, Robert S. The Great Depression: America, 1929-1941. New York: Times Books, 1993, passim. Web
• "The Great Depression Surviving the Dust Bowl." WGBH American Express. 1996-2013. Web
• "The USA in the 1930s." Hutchinson Encyclopedia. 2011. eLibrary. Web. 04 Dec. 2014.
• The book "To Kill a Mockingbird"