The Great Depression

1. Economic Cycle

1.1. Unemployment

1.1.1. 1/4 unemployment by 1932

1.2. Purchasing is down

1.2.1. over production

1.3. Over production

2. FDR Control

2.1. Won election over Hoover

2.1.1. Wins again in 1936

2.1.2. And in 1940

2.1.3. And 1944

2.2. Steps to fix the crisis

2.2.1. 1. Banking Holidays

2.2.2. 2. Reforms

2.2.3. 3. Gold Standard

3. New Deal Acts

3.1. Food Stamp Act

3.1.1. Gave food to poor and helped out farmers

3.2. CCC

3.2.1. Made work for young men

3.3. Wagner Act

3.3.1. Made Blacklists illegal

3.4. Social Security Act

4. Stock Markets

4.1. NY stocks crash

4.1.1. New node

4.2. Buying on Margin

4.2.1. Stock market reforms by FDR

4.3. Stock Specualtion

4.3.1. quick buying and selling

5. Different Classes

5.1. Wealthy

5.2. Middle class

5.2.1. 58% who mostly had jobs

5.3. Poor

5.3.1. 42% below

6. Hoover

6.1. Unpopular

6.1.1. Hoover meals= food scraps

6.1.2. hitchhiking= hoover rides

6.2. Makes Reconstruction finance Corporation

6.2.1. New node