Black+Tuesday+and+Depression

Analyze how environmental changes and crisis affected the economy across the nation in the 1930s (Black Tuesday and Great Depression)

In September of 1929, stock market prices started falling which started the beginning of stock holders beginning to panic and sell their stocks. Stock prices soon began to fall even further.
=October 29th, 1929 became known as Black Tuesday because a record 16 million shares were traded.= Click on the link below to watch the following video clip to get a better understanding of what happened during the days leading to Black Tuesday and the after effects. media type="file" key="Black Tuesday 1929.mp4" width="300" height="300"

==People all over the country began to lose faith in their banks and the government to help. The crash led the economy into what is known as The Great Depression == Check out the cause and effect power points Read pages 322- 324 to explain the causes of the Depression. Many did not want a handout so they were forced to take what ever work they could get. Check out the video below to see how people tried to cope with the Depression. How do you think this could have been avoided?media type="file" key="Images of Great Depression.mp4" width="300" height="300" People were forced from their homes because they could not pay their bills. Many were forced to live in shanty towns made of scrap wood, cardboard or any other pieces of metal they could find. Many people nicknamed these towns Hoovervilles after President Hoover. http://viewpure.com/fFu7us6bNSQ?start=0&end=0

=Impacts on Tennessee during this time.= Tennessee felt the pressures of the Great Depression just like the rest of the country. Check out the website below to learn more about it. http://www.tn4me.org/era.cfm/era_id/7

=**New Deal**= In 1932, the country felt that Hoover was not doing enough to help the country get out of this depression, so they voted for Roosevelt for president. Within the first 100 days, Roosevelt set up a set up programs that were part of his NEW DEAL for the country. Some of the programs are still in existence today.