The GREAT DEPRESSION & the NEW DEAL [APUSH Unit 7 Topics 9-10] Period 7: 1898-1945

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TIMESTAMPS 1:21 Hawley-Smoot Tariff 1:31 Buying on Margin 2:08 Great Depression 2:19 Hoovervilles 2:41 Franklin D. Roosevelt 3:13 Limited Welfare State 3:23 New Deal 5:31 Social Security Act of 1935 6:43 Court Packing Scheme

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heimler, you are a godsend to all ap students in need of easy, accessible material to study. tysm for all your hard work... i and my ap class are indebted to you. if possible, i think it would be really cool for all this info to be in podcast form someday so that people can simply listen to it instead of watching the videos (or in addition to watching them). thank you again sm you cannot understand how much you are blessing the ap history realm

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You are a lifesaver! Im teaching a class tomorrow as a trial run and im teaching the great depression! Thank you!

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They were paid puddle too.

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sending this to my teacher so she can play it for the class on tuesday because it helped me understand sm better

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can u give a shoutout to mr.gesuldo's ap world history class?? we are all huge fans of u. well mostly just me and ella who also comments on ur videos but still. keep the content coming!!

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i am so grateful for your videos, but this topic is akin to the sentiments that most apush student possesses when they are dying mentally because of this course's workload and vast expanse of knowledge required for us to be obtained

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hours before the exam oh boy

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Great video! Keep up the great work!

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night before exam good luck

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howd it go gang

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Hi, I read something about the AAA, can you go further into that, thanks for everything Heimler, got a 5 on my apwh exam because of you

[@colinbrown7305]

This information is great. However, what people never talk about is how the New Deal was paid for.

[@okayriley]

How?

[@colinbrown7305]

@@okayriley I'm asking, because I'm interested to know. I'm assuming it would be high rates of tax, but I don't know for sure. Maybe you could help me out.

[@hibiscus5371]

@@colinbrown7305 pasted this from google: "All the New Deal programs were paid for, and run by, the Government. This meant that the Government's debt grew a great deal. The U.S. debt was $22 billion in 1933 and grew by 50 percent in the three years that followed, reaching $33 billion."

[@hibiscus5371]

@@colinbrown7305 pasted from google: "All the New Deal programs were paid for, and run by, the Government. This meant that the Government's debt grew a great deal. The U.S. debt was $22 billion in 1933 and grew by 50 percent in the three years that followed, reaching $33 billion."

[@phobowl1482]

@@colinbrown7305It was payed for by the government. Franklin D. Roosevelt used the tactic of deficit spending to give billions of US government money to the New Deal. Deficit spending is when the government spends enough to exceed its revenue, which did leave the government in debt but did carry out effective new deal programs. Fact check this on google if you wish! They used the U.S. government budget.

[@nateboy123]

3:22

[@danielrueda-ramirez5988]

Your videos are really helpful. Just an FYI, Hoover did try to regulate the economy after the crash, e.g., the Hawley Smoot Tariff. That resulted in other nations retaliating with their own tariffs, which crippled U.S. trade, making the economic situation even worse. Thus government regulation of the economy made the situation worse, not better. Calvin Coolidge was a proponent of "laissez faire", and the economy was prosperous during his presidency...

[@cherylgrey4044]

Hoover didn't try to regulate the economy until 1930, nearly an entire year after the stock-market crash. As a proponent of the laissez-faire economic system himself, he only tried to administer legislative action after he realized that the economy wouldn't fix itself. If you research more about the underlying causes of the Great Depression, you can see that this policy that Calvin Coolidge practiced of hands-off business would ultimately lead to such severe depression.

[@danielrueda-ramirez5988]

@@cherylgrey4044 The stock market collapsed on October 24, 1929. The aforementioned Hawley-Smoot Tariff was signed by Hoover in June of 1930. Thus, it is fair to say that Hoover originally advocated a laissez faire approach for a few months until he signed the tariff into law. The tariff was clearly an act of government intervention, the opposite of laissez faire, and by signing it into law, he crippled U.S. trade by initiating a trade war with other nations. In short, Hoover initially did not intervene, but when he did intervene a few months after, he made the financial situation much worse than it originally had been.

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[@NiceGuyEddy00]

The Hawley-Smoot Tariff was passed in 1930, but the stock market crashed in 1929. Hmmm...

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Fair enough.... I shall refrain.

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early