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Transcript of Great Depression
High supply, low demand
Lack of Diversification
why so severe?
Migrant Mother, 1936
Farm Security Administration
Rexford Guy Tugwell
FDR's Brain Trust
Carnegie Endowment for International Peace
economic recovery to diplomatic strategy
Federal Reserve System
American Gothic Washington D.C.
Allie Mae Burroughs
Bank of Manhattan
Stock Market Crash
“How can you frighten a man whose hunger is not only in his own cramped stomach but in the wretched bellies of his children? You can't scare him--he has known a fear beyond every other.”
Grapes of Wrath
pre-civil war cotton: 90%
high tariffs and retributional tarrifs
banks and WWI debt