America in the Great Depression

I.   Introduction: The Great Crash

A.  The Stock Market Bubble
B.  A Symptom, NOT a Cause

II.  Causes of the Great Depression

A.  Overproduction
B.   Uneven distribution of wealth and Consumer Debt
C.   Banking System
D.   Economic Ignorance
        1.  Increasing Interest Rates
        2.  Hawley-Smoot Tariff

III.  Life in Hard Times

A.  The Economic Consequences
B.  Work Ethic and Families
C.  Popular Entertainment
D.  Herbert Hoover and the 1932 Election
        1.  Role of government

IV.  A "New Deal" for America

A.  FDR:  Radical or Liberal?

B.  The First New Deal, 1933-1935
        1.  Stabilizing the Banks
                a.   Emergency Banking Act (EBA)
                b.   Federal Deposit Insurance Corporation (FDIC)
        2.   Agriculture and Business
                a.   Agricultural Adjustment Act (AAA)
                b.   National Recovery Act (NRA)
                        1.   Section 7(a) and Labor
        3.   Relief for the Unemployed
                a.   Federal Emergency Relief Agency (FERA)
                b.  Civilian Conservation Corps
                c.  Tennessee Valley Authority (TVA), Civil Works Administration (CWA), Public Works Administration (PWA)
                        1.   pump priming

C.  Opposition to the New Deal
        1.  From the Right
        2.  From the Left
                a.   Francis Townsend
                        1.   Old Age Revolving Pension Plan
                        2.   Huey Long
                                b.   Share Our Wealth Society

D.  The Second New Deal, 1935-1938
        1.   FDR Moves to the Left
        2.  Liberal Reform
                a.   Works Progress Administration
                b.   Social Security Act (1935)
        3.  A New Deal for the Arts
        4.  Minorities, Women, and the Democratic Coalition
        5.  Demise of the New Deal

V.  The New Deal's Legacy

A.  What did it do (and not do)?
B.  Liberal Reform