Great Depression

Great Depression
Reform
Economy
Government interventions with
spending
America became Arsenal of
Democracy
Social Reform
Government wasn't expected to
be involved in any economic
crisis.
FDR helped reformed America
Franklin D. Roosevelt
The New Deal
Roosevelt ordered this and had the banks
shut down and inspected until people's
confidence in the government returned
Security Exchange Commision
The stock market reform
Gold Standard
Government couldn't make
more money than the Fort
Knox gold reserve could
allow
Inflation
Dollar value decreased and
government gained money.
Before the Crash
# [Before the Crash](https://mm.tt/1607334750)
A lot of investment in stocks
Banks were quick to give loans
to investors
Buying on Margin
Investors only had to pay 10% of
the stock's actual value during
the time of purchase.
Unemployment
Unemployment increased and
the government didn't help.
Product Conductivity decrease,
causing more people to lose their
jobs.
With more people unemployed,
the purchasing power
decreased more and so did
product conductivity.
This is The Economy Cycle
Social Security Act
Creeping Socialism
Welfare State
unemployment insurance and
old age pension
1940
Election FDR ran again
World War
America wanted to remain neutral
But also wanted to support
Great Britian
Isolationist Foreign Policy
New Deal Legislation want this
FDR won election again
CCC/ NYA
Civilian Conservation Corps/
National Youth Admin
1933
Gave work to young men, ages 18 25
Poor
The poor people became even
more poor
42% of America was under the
poverty line
28