1	Great Depression Human Impact and Economic Tragedy
2	Unemployment rising in 1920’s
3	Weaknesses in Overall Economy Agricultural sector has suffered from a worldwide drop in prices Speculation in real estate and resulting building boom had declined Inventories of unsold goods begin to stockpile in warehouses as consumer demand slows Automobile sales had also slowed
4	THE GREAT CRASH
5	Panic on Wall Street
6	Resources
7	Unemployment How did the job market improve after 1929?
8	Bank Failures 1929 659 1930 1,352 1931 1,456 1932 2,294 1933 5,190
9	Unequal Distribution of Income Family Income, 1929 over $10,000 2.3 percent $1,500-2,000 18 percent $5,000-10,000 8 percent $1,000-1,500 21 percent 2,500-$5,000 19 percent under $1,000 21 percent $2,000-2,500 11 percent Questions to think about: 1. Was the prosperity of the 1920s an illusion? or was it real? 2. Drawing upon these various statistics, construct an explanation of the causes of the Depression.
10	Hoovervilles
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12	Veteran rights Bonus army
13	President Hoover’s Policy Hoover’s response to the Bonus Army The role of the Army Promoted programs that aided businesses on the theory that as business recovered economic benefits would trickle down Reorganization of the Reconstruction Finance Corporation to lend money to railroads, insurance companies and even banks on the verge of collapse
14	Business Cooperation Invited businesses to the White House to obtain voluntary agreements not to lower wages or prices Why did this program fail when any company faced an economic dilemma?
15	Federal Intervention Developed federal projects like the Hoover Dam
16	Hoover’s Philosophy “Prosperity is just around the corner” How receptive is the American public to this quote on Hoover’s answer to the growing Depression?
17	Hoover’s Belief’s How did Hoover’s economic approach of letting the economic forces of the market dictate policy reflect his faith in American business? How does Hoover represent the Puritan work ethic? –the idea that hard work earns its rewards How does Hoover’s actions indicate his belief in voluntary rather than governmental action to solve the economic problems of the American society?
18	Rural life Income of farmers is worsened by the slowing of food sales by people no longer able to afford food Farm foreclosures increase Desperation is highlighted by the advent of the Dust Bowl resulting from giant dust storms, droughts and poor farming methods in the midwestern region
19	Herbert Hoover”s Efforts at Reelection How successful would you rate Hoover? The election campaign of 1932 reflect the vast differences of Hoover with the Democratic candidate FDR
20	THE AMERICAN ISTORY PUBLIC POLICY ANANLYST NOW THAT YOU HAVE LEARNED THE PUBLIC POLCIES OF HERBERT HOOVER AND DPERESSION ECONOMICS, YOU ARE ABLE TO COMPLETE THE AMERICAN HISTORY PUBLIC POLCIY WORKSHEETS
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22	HOMEWORK 1: USE THE AHPPA WORKSHEETS 2: MAKE BELIEVE THAT YOU WERE TRANSFORMED BACK TO 1929 3: CREATE A RREPORT THAT YOU WOULD GIVE TO HERBERT HOOVER 4: Use the AHPPA worksheets and detail a policy he could use that would improve his chances of winning the 1932 election