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America & Abroad

Discussion Question

 With your partner, discuss what was one major
difference/advantage that the United States had
over the rest of the Europe following World War I?
The Roaring 20’s

 America Flying High!
 They are untouched by
ravages of WWI.

 Industry booming

 Consumerism at all time


high.
 Cars, movies, new
inventions

 US becomes wealthiest
nation in the world
The Dawes Plan

 1924

 Attempt to solve
WWI reparations
problem for
Germany.

 USA loans money to


Germany.
The Crash!

 Black Tuesday
 October 29, 1929

 Stock market crashes

 Banks close across


country.

 Consumer
spending/investment
drops.
Discussion

 Why do you think so few people saw the crash
coming?

 What do you think your life would be like today, if


the crash happened now?
Impact on the USA

Economic, Social, and Political
Economic Impact

 Unemployment
soars to 25%

 Industrial
Production
declines 47%

 International trade
declines by 30%
Social Impact

 Disruption of
families.

 Thousands live in
“Hoovervilles”

 Dust Bowl sends


thousands West.
Soup Line

Small Shack for family


Cloud of dust
descending on small
town in Kansas 1935.

Buried machinery

“Oakies” on way to California


Political Impact

President Hoover
• President at start of the
Depression.

• Created and built Hoover Dam


during the Depression

• Many blamed him for the


Depression

• Hoovervilles named after him


Franklin Delano Roosevelt
aka F.D.R.
• 32nd President of USA

• Elected 1932

• Serves 4 terms as US
President

• Passes New Deal


Programs to help people
during the Depression.
New Deal Programs

 Programs focus on 3
R’s
 Relief, Recovery,
Reform

 Works Projects
Administration

 1935 Social Security


Act
Discussion

 With your partner discuss:
 3 things that stood out to you about the Depression in
America.
 Why?

 How do you think the Great Depression in America


might affect the rest of the world? Why?
Impact Around the World

Germany

 Germany had just
started to recover
from hyperinflation
when crash hit.

 Dawes Plan cancelled.

 42% decline in
industrial production

 Nazi’s start to gain


more power as people
criticize existing govt.
Britain

 Still trying to
recover from WWI

 Industrial Centers
hit hardest.

 Unemployment
doubles by 1930
Russia

 Not tied to world
economy because
they’re communist

 Growth of communist
parties globally

 Grain exports increase


but make less money
France

 Still recovering from
WWI

 Economy structured
differently so not hit as
hard by the Crash.

 No major damage, but


no major growth either.
General

 International trade
down 50%

 High tariffs
discourage
international trade

 Many countries
begin to embrace
militaristic/totalitari
an govt’s.