Professional Documents
Culture Documents
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2/22/2016
Vocabulary:
public works government building projects, like
dams, bridges, parks
bank run when a large number of depositors
attempt to withdraw their funds simultaneously
because theyre worried the bank will collapse
Announcements
Fireside Chat
https://www.youtube.com/watch?v=iipnhLT
dh-0
Scandalous 1920s
Hardings cabinet filled with scandal
Teapot Dome: Harry Sinclair used bribes &
friends in government to get oil from federal
land; caught in 1924
Scandalous 1920s
1923, Harding dies, Calvin Coolidge becomes
president continues laissez faire policies
Prohibition era: illegal production of alcohol;
government poisons alcohol
Causes of Depression
Hoovers response
Election of 1928 Herbert Hoover (Republican)
wins
After 1929 crash, Hoovers dilemma: should the
government give Americans relief or require
them to help themselves?
Hoovers response
Reconstruction Finance Corporation (1932):
made government loans to businesses, banks
Hoover mocked for lack of success homeless
built shantytowns called Hoovervilles
FDRs Response
1932, Franklin Delano Roosevelt (Democrat)
elected
Bank runs in 1933 FDR declares a bank holiday
FDR inspired confidence through fireside chats,
working quickly (first 100 days)
Presided over largest reform in American history
Dust Bowl
Late 1933, drought struck Great Plains, followed
by winds
Misuse & overuse of soil huge dust storms,
thousands of acres destroyed
Thousands of Okies moved West to California
Chronology
A. _____ Stock Market Crash
B. _____ Hoovers Election
C. _____ Roosevelts Election
D. _____ Dust Bowl
E. _____ Hoovervilles constructed
F. _____ Teapot Dome Scandal
G. _____ Creation of Reconstruction
Finance Corporation
H. _____ Bank runs