how did the american government tackle the great depression?
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How did the American government tackle the Great Depression?. Learning objective – to be able to assess the American government’s policy in handling the Great Depression. I can e xplain and categorise most of the features of the US government’s economic policy between 1929 and 1932. Grade B. - PowerPoint PPT PresentationTRANSCRIPT
How did the American government tackle the Great Depression?
Learning objective – to be able to assess the American government’s policy in handling the Great Depression.
I can describe some of the features of US economic policy between 1929 and 1932.
Grade D
I can explain and categorise most of the features of the US government’s economic policy between 1929 and 1932.
Grade B
I can explain and assess the performance of the US government and its handling of the Great Depression.
Grade A
Starter – complete the famous quote from President Herbert Hoover about his
government’s economic policy?
Prosperity is ------------.
Starter – complete the famous quote from President Herbert Hoover about his
government’s economic policy?
Prosperity is just around the
corner.
Who was President Herbert Hoover?
US President between 1929 to
1933 and won the 1928 election by a
landslide.
US Secretary of Commerce between 1921 and 1928 – closely associated with the
government’s economic policy.
A Quaker who meant he was very caring. He was in charge of the relief fund
for East Europeans in 1920 which saved millions of
lives.
Closely associated with Laissez Faire economics.
What did Hoover think caused the Great Depression?
Falling world trade – but US trade
needed protecting.
Too much government intervention in other
countries.
Businessmen spending money they did not have.
What did Hoover do to tackle the Great Depression?
Continued Laissez Faire policies and
encouraged Rugged Individualism – the
idea that an individual is
responsible for their own lives
without help from anyone else.
Passed the Hawley-Smoot tariff in 1930 which
increased import duties on foreign goods.
Assisted farmers with the Agricultural Marketing Act of 1930 which enabled the
government to lend farmers money.
What did Hoover do to tackle the Great Depression?
Encouraged businesses to not to
cut wages or production levels.
Cut taxes by $130 million.
Approved a $1.8 billion worth of public works
projects, such as building roads.
Set up agencies to aimed to relieve unemployment such as the Organisation for Unemployment Relief and the Emergency Relief
Act.
What did Hoover do when his policies were not making an impact in 1932?
Despite the federal government
spending $500 million more per
year on relief funds, unemployment was
still rising – to almost 25% of the entire workforce in
1933.
Hoover increased direct federal government
intervention, such as the Reconstruction Finance Company, which gave
loans to failing banks and businesses.
Why was the government’s failure to handle the Great Depression Hoover’s fault?
Hoover was closely linked to the government’s
economic policies that had caused the
Depression. He stuck with them for
too long.
With Hoover supporting Rugged Individualism and
blaming businesses, he was seen to do virtually
nothing in 1930.
The Hawley-Smoot Tariff made the situation worse
and international trade slowed further.
Encouraging ‘voluntaryism’ – supporting charities – he saw it that it was not the government’s job to help
the poor.
Why was the government’s failure to handle the Great Depression not Hoover’s fault?
It was a world problem not an
American problem – you cannot blame
just one person.
Hoover cancelled all war debts to increased
international trade.
Congress did not want to raise taxes to help the
poor.
The US political system limited Hoover’s powers to deal with the Depression.
Responsibility for helping the poor and unemployed lay
with the state government.
Direct federal government aid took place – a rarity.
TasksComplete all the tasks from the worksheet.
Extension task
Design an election leaflet for Herbert Hoover for the 1932 Presidential Election. What would you
include? What would you highlight? What would you leave out?
PlenaryChoose three words
from the word cloud which you
think are the most important.
How do they link to the lesson?
How do they summarise your
learning?