Professional Documents
Culture Documents
Depression and New Deal Guided Notes
Depression and New Deal Guided Notes
Depression and New Deal Guided Notes
______
The Stock Market Crash Name:
___________
• Prices inflated from ______________________ & buying on margin
• ___________________ sell-off spins out of control
• Starts on October 24 (____________________) and continues on 10/29 ("Black
Tuesday")
• ____________________ lost in one day
Bank Failures
• Fear of ____________cause many _________________
• No ___________________against bank closings
• Thousands of __________close
The New Heroes
● Bank ____________
● ________________ & Clyde
● _________________________
President Herbert Hoover
• Signs protectionist ________________________ which only worsens the Depression
• He opposes direct _____________________ relief efforts
• _________________________ wins 1932 election
Franklin D. Roosevelt
• Democratic __________________ from NY
• Promises that ________________________________________
• Starts planning his “first ___________________”
• Calls reforms his _________________________for Americans
• Makes a more ____________________ government
Criticism
• _____________ government
• ____________________ spending