History 167: The Great Depression

HISTORY 167 1. gangsters

THE GREAT DEPRESSION 2. bank robbers
3. assassins
New York Stock Market Crash 4. gamblers
IMPACT: Unemployment 5. smugglers
1930: 7.8% 6. kidnappers
1931: 16.3% John Dillinger
1932: 24.9% 1903-1934
1933: 25.1% Indianapolis (Indiana)
ADJUSTMENTS: (1) many employees took pay cuts Charles Arthur Pretty Boy Floyd
(from $25/week to $17/week); (2) sell apples on the streets 1904-1934
(skilled factory workers); (3) decrease spending on Bartow (Georgia)
consumer goods; (4) buy only essential consumer goods; (5) Lester Joseph Gillis
sell unnecessary goods (automobiles) also known as Baby Face Nelson
o Hobo: refers to homeless migratory workers 1908-1934
Bank Failures Bonnie Elizabeth Parker
BANK OF THE UNITED STATES: 1909-1934
declares bankruptcy (December 1930) Rowena (Texas)
400,000 depositors lose their deposits Clyde Chestnut Barrow
Hunger 1909-1934
CHARITABLE ORGANIZATIONS: put up bread lines to Ellis County (Texas)
feed the unemployed; put up soup kitchens to feed the Arizona Donnie Barker
people also known as Ma Barker
Homelessness: thousands of people lost their homes 1873-1935
because they could not meet mortgage payments; Ash Grove (Missouri)
homeless peoples build shanties at the edge of city limits George Celino Barnes
Herbert Hoover also known as Machine Gun Kelly
31st President of the United States, 1929-1933 1895-1954
o Weakness: refused to face realistically the condition of Vocabulary of Criminality
the unemployed Public Enemy: (gangster)
1930: the worst effects of the crash upon employment will Gun Moll: (female companion of gangster)
have passed during the next sixty days Turkey: (stolen goods)
1930: prosperity is just around the corner Federal Bureau of Investigation (FBI)
Herbert Hoover Created: 1908
o Weakness: adhered to traditional laissez-faire view: Motto: Fidelity, Bravery, Integrity
1. that government should not interfere with Federal Bureau of Investigation (FBI)
business MANDATE: to detect... crimes against the United
2. that private investment was the only road to States.
national economic recovery Organized Crime
o Weakness: believed that helping individuals through 1. Loan sharking
federal food or relief payments undermines the initiative 2. Assassination
of the American people 3. Blackmail
o Weakness: advised the people on the need for economy 4. Bombing
in their lives 5. Bookmaking
1931: recognized the need to pump government money into 6. Illegal gambling
the private economy 7. Copyright infringement
1931: began public works projects as a means of recreating 8. Counterfeiting of intellectual property
prosperity through increasing demand for goods and 9. Kidnapping
services John Edgar Hoover: First Director (1895-1972)
Boulder Dam Project: appropriated money for the Washington D.C.
construction of the Boulder Dam on the Colorado River Novelties in American Life
Boulder Dam: harnessed the waters of the Colorado River 1. introduction of coin-operated jukeboxes in the market
for the generation of electricity 2. introduction of Betty Boop cartoon character
1947: renamed Hoover Dam 3. Wonder Bread (sliced)
1932: established the Reconstruction Finance Corporation 4. Motts apple sauce
Reconstruction Finance Corporation 5. legalization of gambling in Nevada
AIM: to make loans available to financial institutions and 6. opening of Empire State Building (New York City)
railroads to prevent bankruptcy and forced liquidation 7. introduction of Dick Tracy comic strip
o Law and Order 8. introduction of AlkaSeltzer in the market
Public Enemy Era (1931-1934): marked by the proliferation 9. introduction of 3 Musketeers chocolate bar in the market
of the following: 10. Campbells chicken noodle soup
11. Campbells cream of mushroom soup
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