Silent Reading 10 min.

Vocabulary Chapter 24

Depression Collective bargaining Deficit spending Totalitarian State Fascism Collectivization Concentration Camp Reichstag Politburo

Quick review (Raise your hands) 1. Which of the following was NOT a

condition that led to World War I? A) scientific controversies B) international alliances C) economic rivalries D) imperialism and nationalism

2. What led most directly to the United States' involvement in World War I? A) German use of the U-boats or submarines in

shipping lanes B) the sinking of the Titanic and the Lusitania C) the Zimmerman Telegram D) torture of U.S. sailors captured by the Germans

Warm up

What do you know about the Great depression?

When did it start? why did it start? How long did it last? How did it end?

Go over Tests!

The Roaring Twenties

Chapter 24

(7 slides)

“Peace At Last!”

A) The League of Nations United States did not join

B) Europe is devastated by the war and needs to rebuild.

C) Treaty of Versailles punishes Germany, makes it impossible to recover

German Economic Crisis France demands reparations paid

Took income from the Ruhr Valley, Germany’s industrial and mining center

Paper Money – printed too much, causes drastic Inflation 1914 – 4.2 DM = $1 US 1923 – 4.2 TRILLION DM = $1 US

The Dawes Plan - 1924 Reduced Reparations U.S. loans Germany $200 million to recover American investors flood into Germany

Brief Recovery 1924-1929

The United States -The “Roaring Twenties” Great economic prosperity

Middle and working classes buying on margin

Stocks continually rising Through the 1920s, several

industries began to experience SURPLUS. Coal Textiles Agriculture

Popular Culture

A. Expendable Income Economic prosperity

More pay and fewer work hours

B. Mass Media Radio, Movies, Newspapers, Magazines Spread new ideas and provided entertainment

Women in the 1920s

A. Flapper Challenged society Revealing clothes Smoked, drank

B. Women at work Wanted financial independence

Prohibition

A. 18th Amendment, 1920 Prohibit the use, sell, transport, and manufacturing of

alcohol Supported by Progressives

B. Volstead Act Law that enforced Prohibition

V. Prohibition

C. Organized Crime (Mafia) Distributed and smuggled alcohol into the US Supplied Speakeasies - (Secret bar) Al Capone: Chicago

Video Expectations

SEE Heads up

looking at video Answering

questions

Hear The video

http://player.discoveryeducation.com/index.cfm?guidAssetId=1840663C-D8FE-43CC-9BBB-24AB267576C6&blnFromSearch=1&productcode=US

video

# 9 – do you think that prohibition was a good idea? Did it work? Also add two things you found interesting or learned about the roaring twenties. (Complete sentences please)

Silent Reading 10 min. Note Quiz today, Make sure you have notes

from yesterday and anything about Hitler.

Note Quiz:1) How old was Hitler when he dropped out of

School?

2) During WWI where did Hitler fight?

3) While in Jail what book did Hitler write?

4) What year was Hitler named Chancellor?

5) What is Kristallnacht?

6) What was the Dawes Plan?

7) What was the 18th Amendment? What does it do?

8) What is a speakeasy?

THE GREAT DEPRESSION1929-1941

The Great Crash

(13 slides today)

October 23-29, 1929 Sharp Drop In Stock Prices,

Oct. 23 1929 Investors frantically try to

sell to avoid total loss Complete economic

collapse on Oct. 29, 1929 - BLACK TUESDAY

Banks close, unable to meet withdraw demands of customers.

Hundreds of thousands of Americans lose their life savings.

The Crash in Real Numbers

General Electric – down from $315 a share to $147 in six days.

U.S. Steel – down from $205 a share to $150 in six days.

Unemployment

At peak in 1933, 13-16 million unemployed in America.

The Dust Bowl Great Plains Lower prices on crops 1932: Drought

Soil dried Wind swept dirt/dust covered the Plains

Farmers unable to grow crops

Herbert Hoover Largely blamed by public for

Depression; obviously not his fault,

Economy was already failing before he took office

Real problem: He did little directly to help fix the economy

Hoover Responds

A. Public Works Projects Government-financed building projects

Roads, bridges, schools, parks Hoover Dam, 1931

Provide jobs for the unemployed Problem:

Either raise taxes or borrow money Hoover unwilling

Civil Unrest - BONUS “ARMY”

After World War I, veterans were promised a retirement pension

Unemployed veterans went to Washington to demand to borrow against pension.

Hoover was told that the Bonus Marchers were led by radicals.

He ordered the Army to clear out the camps.

Franklin Roosevelt

Overwhelming elected to presidency in 1932.

In his first Inaugural Address he promised reform and relief to the American public.

Introduced the New Deal RELIEF REFORM RECOVERY

THE HUNDRED DAYS EMERGENCY BANKING ACT - ALL BANKS

CLOSED UNTIL THEIR RELIABILITY AND STABILITY COULD BE VERIFIED Creation of FFederal DDepository IInsurance

CCompany

THE HUNDRED DAYS Federal Emergency Relief Act – 1933- grants to

states for immediate disbursement to unemployed

Civil Works Administration – 1933/1934- 4.2 million jobs building public projects – roads, sewers, and airports

Civilian Conservation Corps – Young men 18-25 – lived in camps and were paid $30 a month to plant trees and improve parks.

Agricultural Adjustment Act – 1933- paid farmers to reduce production

THE HUNDRED DAYS

Public Works Administration – Distributed government funds to private industries to promote economy through construction of government buildings and highways

National Industrial Recovery Act – 1933 – suspended antitrust laws to kickstart economy

Tennessee Valley Authority

Built hydroelectric power plants to bring electricity to rural areas: Tennessee, North Carolina, Kentucky, Alabama, Georgia and Mississippi.

Fireside Chats

What do these pictures have in common?

Mount Rushmore, SD

Waccamaw River Bridge, Conway, SC

Works Progress Administration

Built hospitals, school, parks, roads/bridges, airports, etc.

Work for both men and women.

Social Security Act of 1935

Pension for elderly Short term unemployment insurance Aid for mothers with dependent children Garnished through taxable income

Criticism of the New Deal

Government was getting too large.

New Deal was not capitalist in nature.

Roosevelt, president or dictator?

Huey Long and “Share the Wealth”

The Re-Elections of Roosevelt

Roosevelt was easily re-elected in 1936.

In 1940, Roosevelt is elected to a third term; first and only president to serve beyond two terms.

CRISIS FELT GLOBALLY Britain

Unemployment rates up since end of war By 1932: 1 in every 4 workers unemployed

Germany Six million out of work,

Marxism looking attractive Democracy unstable

Sports!

Babe Ruth

Dust Bowl Reading and Questions

Questions I will collect

Pg. 756 # 2, 7, 8 (# 7 is asking what

caused the Great depression)

Video

http://player.discoveryeducation.com/index.cfm?guidAssetId=28DF7397-D53F-406F-A49F-219125726FE0&blnFromSearch=1&productcode=US