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POV Statement

“… the only thing we have to fear is fear itself, —nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance… Our greatest primary task is to put people to work. This is no unsolvable problem if we face it wisely and courageously .”

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POV Statement

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  1. “…the only thing we have to fear is fear itself, —nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance… Our greatest primary task is to put people to work. This is no unsolvable problem if we face it wisely and courageously.” -President Franklin Delano Roosevelt, 1933 POV Statement

  2. Great Depression Overview

  3. Government fiscal policies reduced business regulations and lowered taxes on businesses. The poor working class could not buy products because their wages stayed the same as prices rose. Lack of products being bought caused business profits to plummet Overproduction and Underconsumption

  4. New methods of buying caused people to go into debt.(Installment plans & buying on credit) Banks loaned ANYONE money to invest in the stock market Buying on Margin Bank loans and Stock Market Crash

  5. COUSIN gOMER Cousin Gertrude YOUR COUSINS NEED YOUR HELP!

  6. How did the behavior of Americans during the 1920’s help to cause the Great Depression?

  7. By October 1929, the U.S. economy was beginning to show signs of slowing down. Stockholders feared the prosperity was ending a the nation was entering a period of recession. Thiscaused some investors to panic and sell their stocks. This panic triggered a stock market crash. October 29, 1929 = BLACK TUESDAY. Black Tuesday

  8. Severe economic recession in the 1930’s. Caused by the selling of stock so quickly lead to the Great Depression. Caused industry, trade, construction, mining, logging, and farming to decrease sharply. Business profits, tax revenues, and personal incomes decreased as well. Great Depression

  9. Why were private charities unable to meet the needs of average people during the Great Depression?

  10. U.S. unemployment rate reached 25% People that were in debt lost their homes People began living in Hoovervilles (named after Herbert Hoover) Hooverville residents slept in packing crates if they were lucky; if not, they slept on the ground. They begged for food from people who still had jobs and housing. Unemployment

  11. How did the lives of average Americans change during the Great Depression?

  12. A message from your cousins

  13. You will create a complete story from the following pictures. Your story must tell the tale of the transition from the Roaring Twenties to the Great Depression. You must use the images that you will see as your guide. You may only use three sentences per image Create a Narrative

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