5-Minute Videos
Franklin Roosevelt: The Great Depression
Great Depression · US Presidents · US History · Captions
About This Video
To rescue America from the Great Depression, President Franklin Roosevelt attempted to steer the country on a new economic course. He called his plan the New Deal. Did it succeed, or did it make matters worse? Amity Shlaes, author of The Forgotten Man, explores this critical question.
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Standards Met in Ohio
- 9-12.AH.19Grades 9th, 10th, 11th, 12thThe Great Depression was caused, in part, by the federal government's monetary policies, stock market speculation, and increasing consumer debt. The role of the federal government expanded as a result of the Great Depression.
- AMG.9-12.21.lp.bGrades 9th, 10th, 11th, 12thUnderstand that the Federal Reserve System works to maintain economic stability. For instance, keeping prices from rising or falling too fast or making sure banks have enough money to pay their customers During the Great Depression many banks did not have enough money on hand.
- AMH.9-12.19Grades 9th, 10th, 11th, 12thThe Great Depression was caused, in part, by the federal government’s monetary policies, stock-market speculation, and increasing consumer debt. The role of the federal government expanded as a result of the Great Depression.
- AMH.9-12.19.aGrades 9th, 10th, 11th, 12thExplain one reason for the Great Depression.
- AMH.9-12.19.bGrades 9th, 10th, 11th, 12thDescribe life during the Great Depression.
- AMH.9-12.19.cGrades 9th, 10th, 11th, 12thIdentify the Great Depression as a time when millions of people were unemployed and had little money.
- AMH.9-12.19.lp.aGrades 9th, 10th, 11th, 12thUnderstand that during the Great Depression the role of the federal government expanded in an effort to create jobs (e.g., government hired workers for construction projects) and regulate the economy (e.g., Federal Deposit Insurance Corporation FDIC).
- AMH.9-12.19.lp.bGrades 9th, 10th, 11th, 12thUnderstand that prior to the Great Depression the federal government provided little regulation of the banking system, leading to high corporate and consumer debt.
- AMH.9-12.19.lp.cGrades 9th, 10th, 11th, 12thIdentify the Great Depression as an economic crisis resulting from the lack of regulation of the economy by the federal government.
- AMH.9-12.19.lp.eGrades 9th, 10th, 11th, 12thMap sequential events of the Great Depression (people use banks for loans and savings, stock market crashes, people lose faith in banks, people request their savings in cash, banks call back loan monies to pay out cash from savings, banks sell all assets to cover cash savings, no money to cover cash payouts, banks begin to fail, people can’t pay their bills because they can’t access their money, people lose assets, businesses fail, workers lose jobs).
- AMH.9-12.19.lp.fGrades 9th, 10th, 11th, 12thUnderstand that prior to the Great Depression banks were independent and decided how much money to loan and to whom.