The roaring twenties came to a screeching halt on October 29, 1929 when the stock market crashed. Such factors as overproduction, under-consumption, unequal distribution of wealth, depressed farms, and stock market speculation plunged the United States into the Great Depression. Widespread unemployment followed and had a variety of social and political impacts on our nation. When Franklin Roosevelt became President in 1932, he began initiating a series of reforms known as the New Deal. These reforms attempted to resolve issues that had led to the Depression, as well as provide new jobs for unemployed Americans. Many of the institutions established by the New Deal still exist today.
TEXTBOOK CHAPTERS FOR UNIT 5 14 - 15
Unit 5, The Great Depression and the New Deal includes chapters 14 and 15.
Chapter 14 pages 462 to 485 Chapter 15 pages 486 to 523
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