The great depression
changes from the previous eras
People weren't used to the poor economic conditions that were thrust upon them. They no longer lived a life of luxury. Many became jobless and homeless, and sometimes no matter how hard they tried they just couldn't survive.
dust bowl
The region, including Texas, Oklahoma, Kansas,
Colorado, and New Mexico, that was made
worthless for farming by drought and dust storms
during the 1930's.
Colorado, and New Mexico, that was made
worthless for farming by drought and dust storms
during the 1930's.
The effects of dust bowls were treacherous on
western America, they left the land in ruin and
covered by sand, mud, and dirt which made it
hard on the people who were already struggling
during this time period. Many suffered severe
health issues due to the dust bowls.
western America, they left the land in ruin and
covered by sand, mud, and dirt which made it
hard on the people who were already struggling
during this time period. Many suffered severe
health issues due to the dust bowls.
teapot dome
A scandal involving the secretary of the interior
Albert B. Fall's secret leasing of oil-rich public
land to private companies in return for money
and land.
Albert B. Fall's secret leasing of oil-rich public
land to private companies in return for money
and land.
Black Tuesday
A name given to October 29, 1929, when stock prices fell sharply.
HOover Dam
Also known as the Boulder dam. It provides electricity,
flood control, and a regular water supply.
flood control, and a regular water supply.
Ways hoover fought the depression
Hoover attempted to suppress the depression in any way that he could think.
Authorized the construction of the Hoover dam, creating many jobs.
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Backed the creation of the Federal Farm Board, an organization of farm cooperatives in hope to raise crop prices.
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Tried to persuade people for the National Credit Corporation; which loaned money to smaller banks to help them stay out of bankruptcy.
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Signed the Federal Home Loan Bank Act, which lowered mortgage rates for homeowners and allowed farm owners to refinance their farm loans and avoid foreclosure.
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His most ambitious measure, the Reconstruction Finance Corporation, authorized up to $2 billion for emergency financing for banks, life insurance companies, railroads, and large businesses.
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Core American Values
During the Great Depression many Americans experienced economic Nationalism. Even though many became unemployed and in poverty, they still showed great hope towards their country and its ability to attempt to recover from this economic tragedy.
Work ethic shown during the Great Depression occurred when people who had no job at all would go out and try their best to find work and a job that they could support their families with.
Reforms attempted by Hoover was aimed to help those in need by creating jobs for people although they may have only been temporary.
Work ethic shown during the Great Depression occurred when people who had no job at all would go out and try their best to find work and a job that they could support their families with.
Reforms attempted by Hoover was aimed to help those in need by creating jobs for people although they may have only been temporary.