apush 2_18 new deal
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7/24/2019 APUSH 2_18 New Deal
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Do Now:Complete the
Do Now, turn
in your
homework,and set up
your notes
2/22/2016Depression & the New Deal (1920s and 30s)
Vocabulary:
public works government building projects, like
dams, bridges, parks
bank run when a large number of depositors
attempt to withdraw their funds simultaneouslybecause theyre worried the bank will collapse
Notes
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7/24/2019 APUSH 2_18 New Deal
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Announcements
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7/24/2019 APUSH 2_18 New Deal
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Fireside Chat
https://www.
youtube.com/watch?v=iipnhLT
dh-0
https://www.youtube.com/watch?v=iipnhLTdh-0https://www.youtube.com/watch?v=iipnhLTdh-0https://www.youtube.com/watch?v=iipnhLTdh-0https://www.youtube.com/watch?v=iipnhLTdh-0https://www.youtube.com/watch?v=iipnhLTdh-0 -
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Scandalous 1920s
Hardings cabinet filled with scandal
Teapot Dome: Harry Sinclair used bribes &
friends in government to get oil from federal
land; caught in 1924
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7/24/2019 APUSH 2_18 New Deal
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Scandalous 1920s
1923, Harding dies, Calvin Coolidge becomes
president continues laissez faire policies
Prohibition era: illegal production of alcohol;
government poisons alcohol
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Causes of Depression
Agricultural overproduction during 1920s
Speculation Stock market crash (1929)
Falling demand Overproduction
Bank runs & failures
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Hoovers response
Election of 1928 Herbert Hoover (Republican)
wins
After 1929 crash, Hoovers dilemma: should the
government give Americans relief or requirethem to help themselves?
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Hoovers response
Reconstruction Finance Corporation (1932):
made government loans to businesses, banks
Hoover mocked for lack of success homeless
built shantytowns called Hoovervilles
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7/24/2019 APUSH 2_18 New Deal
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Check for Understanding
Think, then jot down an answer on the back
of your Do Now
Why was Hoover elected in 1928?
Why was Hoover unpopular by 1932?
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7/24/2019 APUSH 2_18 New Deal
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FDRs Response
1932, Franklin Delano Roosevelt (Democrat)
elected
Bank runs in 1933 FDR declares a bank holiday
FDR inspired confidence through fireside chats,working quickly (first 100 days)
Presided over largest reform in American history
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First New Deal
Saved capitalism through socialistic reforms
New government programs to create jobs, help
unemployed & farmers, & fix banking system
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Dust Bowl
Late 1933, drought struck Great Plains, followed
by winds
Misuse & overuse of soil huge dust storms,
thousands of acres destroyed Thousands of Okies moved West to California
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7/24/2019 APUSH 2_18 New Deal
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Chronology
A. _____ Stock Market Crash
B._____ Hoovers Election
C._____ Roosevelts ElectionD. _____ Dust Bowl
E. _____ Hoovervilles constructed
F. _____ Teapot Dome ScandalG. _____ Creation of Reconstruction
Finance Corporation
H. Bank runs
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