As we approach the home stretch of the year we will be going at a faster pace. The time has come for you all to demonstrate what you have learning and apply it. I expect you all to conduct yourselves as men and women who are going to be Juniors in High School.
The first class of this unit will revolve around an in-class simulation activity on the Great Depression, therefore it is imperative that you take notes on the Cause of the Great Depression slideshow, so you are prepared for that class.
Notes on Hoover and the Great Depression:
Herbert Hoover and The Great
Depression
I.
Hoover’s Response (1930-31)
A. May 1930 – “The worst has passed.”
B. Took immediate action to help the economy.
C. Asked business leaders to voluntarily:
1. Not cut wages
2. Not cut production of goods
D. City and State Government (voluntarily)
– Fund projects to provide new jobs.
E. Agricultural Marketing Act – help farmers w/ crop
prices.
1. Did not work – people lost their farms.
2. Job and their home.
F. Hoover believed in a Laissez Faire economy
1. If government wishes to alleviate, rather than
aggravate, a depression, its only valid course is laissez-faire-to leave the
economy alone.
2. Only if there is no interference, direct or
threatened, with prices, wage rates, and business liquidation will the
necessary adjustment proceed with smooth dispatch.
II.
Too Little, Too Late
A. 1932 – Admitted measures were failing.
B. Created the RFC (Reconstruction Finance
Corporation).
C. Federal Program - $2 billion dollars in loans to
faltering companies.
D. “Trickle down” economic program – which did not give
immediate help.
III. The Bonus
Army Fiasco
A. Bonus Army – WWI Veterans who wanted to collect
their bonus early.
B. Traveled to Washington D.C. and set up camp.
C. Bonus Bill – which would give veterans their $ -
fails.
D. Veterans slowly began to leave – but not fast enough
for Hoover.
E. Sends army - Drove veterans out of town – burned
down their camp.
F. Last straw for the American people.
IV.
Election of 1932
A. Herbert Hoover v. Franklin D. Roosevelt
B. Hoover had become unpopular among the people.
C. People blamed Hoover for the depression.
D. Roosevelt defeats Hoover by a landslide.
Test Review- 15 Questions [60 pts. total] + 1 FRQ [40 pts. total]
- Causes of the Great Depression in the United States [remember: post WWI America received a financial boom]
- Mellon Tax Plan
- Hawley-Smoot Tariff
- President Hoover's Programs during the Great Depression
- National Industrial Recovery Act- and what happened to it
- FDR's plans concerning the Judiciary
- The Social Security Act
- Glass-Steagall Banking Reform Act
- Huey Long
- Charles Coughlin
- Frances Perkins
- Henry Ford
- National Recovery Administration (NRA)
- Opposition to the Fair Labor Standards Act
- FDR's plan to recover from the Great Depression
- President Hoover's belief of Laissez Faire
- 21st Amendment
FREE RESPONSE QUESTION:
Select the three most important programs of the New Deal, explain what they did, and tell why you chose these three.
10 points for each program you choose
10 points for why you chose them.
HONORS CLASS-
In
addition to the Test, you will be completing a project based on the New Deal