The Great Depression

Standard 5.3

Prior to the Great Depression

• Many South Carolinians already living in poverty.

• Stock market crashes in 1929 and further hurts the economy. This is, however, not the cause of the Great Depression.

Result of the Great Depression

• Textile mills close; people lose jobs.• Many lose life savings due to banks closing.• Many lose homes and farms.• 25 % of South Carolinians were unemployed

during the Great Depression.

A new president and a New Deal

• In 1933, Franklin D. Roosevelt was elected as president.

New Deal

• President Roosevelt wanted to help Americans• He and Congress worked together to create

jobs to help the unemployed.• This was called the New Deal.• This would also provide a boost to the

economy.

CCC

• The Civilian Conservation Corps, or the CCC, was one of the programs put into place by the New Deal

• This provided employment to young men by hiring them to do outdoor projects.

• They planted crops, built state parks, built roads, bridges, and dams.

• The CCC was racially segregated as well.• Whites were given priority over blacks to be hired.

New Deal Programs

• These programs were geared to not only provide employment, but to relieve pressure on the economy.

• When workers got paid, they spent their money in stores, which helped store owners.

• Grocers and store keepers would buy more goods, so this helped the people that made the goods.

• The New Deal did not end the Great Depression.