The Great Depression

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Storyboard Description

Its a project about The Great Depression

Storyboard Text

  • Back in October 29, 1929
  • More and more people began buying stocks and people often paid a part of a stock then borrowed money. This sent the price of stock up. Stocks began to drop and people panicked and sold their stock and this made the stock market crash.
  • I'm sorry, but the stock market crashed and we lost all the money.
  • Many Americans forced to buy on credit fell into debt, and the number of repossessions climbed steadily. Countries around the world started a fixed currency exchange. 
  • Oh no! What about my child!?
  • In 1932, the depths of the Great Depression and  15 million people were unemployed. Then Democrat Franklin D. Roosevelt won an overwhelming victory in the presidential election. 
  • I  do not have the responsibility to create jobs or provide economic relief for my citizens.
  • Fair point, put FDR in.
  • By Inauguration Day (March 4, 1933) every U.S. state had ordered all remaining banks to close at the end of the fourth wave of banking panics, and the U.S. Treasury didn't have enough cash to pay all government workers. Nonetheless, FDR projected a calm energy and optimism.
  • ...the only thing we have to fear is fear itself.
  • Among the programs and institutions of the New Deal that aided in recovery from the Great Depression were the Tennessee Valley Authority they  created  a permanent jobs program that employed 8.5 million people from 1935 to 1943. The economy began improving again in 1938.
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