Unit 8 – The Great Depression The 1920s ended with the worst economic depression in America’s history. President Franklin Roosevelt’s New Deal was a set of programs and reforms aimed at helping the country recover from the Depression that lasted into the 1930s. Some of the programs still exist today. CAUSES EFFECTS 1. Unemployment 1. Overproduction: 2. Homelessness 3. Migration – People from the Dust Bowl went West as migrant workers. 2. Credit problems/debt : 4. Power of government: 3. Buying on margin: 5. Banks Failures: 4. Stock market crash – Black Tuesday, October 29, 1929. 5. Dust Bowl: Franklin D. Roosevelt’s actions to help end the Depression: • New Deal: ___________________________________________________________ ____________________________________________________________________ •
Social Security: _______________________________________________________ ____________________________________________________________________
Unit 8 – Key Terms 1. Credit 2. Buying on credit 3. Bank failure 4. Franklin D. Roosevelt 5. New Deal 6. Social Security