Prosperity and Depression Review

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Prosperity and Depression Review

• Mrs. Dixon

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Technology

• Rise in the Automobile due to the Model T.
• Model Ts were created using the assembly line.
• Better roads and new jobs
• Travel further, faster
• New electric appliances made housework easier and
  quicker for women in the home.

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Prohibition

• The 18th Amendment began Prohibition.
• During Prohibition, there was a ban on the making
  and selling of alcohol.
• The 21st Amendment ended Prohibition.

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Great Migration

• The movement of many African Americans from the
  South to the North.
• Why?
• Jim Crow Laws
• Troubles in Sharecropping
• Lack of opportunities
• Segregation occurred in the North and South.

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Harlem Renaissance

• African Americans used writing, music, and art to
  tell about their lives.
• Famous Author Langston Hughes

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Great Depression

• The Stock Market Crash of 1929 did not cause the
  Great Depression.
• It did show the weaknesses of the American
  economy.
• Many people could not pay back loans, which
  caused some banks to close down.

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Federal Deposit Insurance Corporation

• Created to prevent the Great Depression from
  occurring again.
• Insures up to 100,000 of money per depositor per
  bank.

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Effects of the Great Depression

• People lost jobs, homes, and savings.
• People lived in Hoovervilles.
• People waited in long soup lines for food.
• Young people left home in search of work.

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New Deal

• Goals of the New Deal
• Relief
• Recovery
• Reform

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Social Security Act

• Purpose To ensure that disabled and elderly
  individuals would have some income.
• Social Security still exists today.

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Timeline

• ____ Franklin Roosevelt becomes President.
• ____ Prohibition begins in the U.S.
• ____ Social Security Act is passed.
• ____ The stock market crashes.
• ____ Hoover becomes President.

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