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Lessons from the Great Depression For Dummies

by: Wiegand, Steve

Lessons from the Great Depression For Dummies

by: Wiegand, Steve

ISBN 13:
9780470487488
ISBN 10:
0470487488
Edition: 1st
Format: Paperback
Copyright: 07/07/2009
Publisher: For Dummies

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Summary

Your concise guide to the worst time in America's financial history

Introduction	p. 1
About This Book	p. 2
Conventions Used in This Book	p. 2
What You're Not to Read	p. 3
Foolish Assumptions	p. 3
How This Book Is Organized	p. 3
Heading into a Mess	p. 4
Getting Depressed	p. 4
Living Through the Great Depression	p. 5
Fixing Things	p. 5
The Part of Tens	p. 5
Icons Used in This Book	p. 5
Where to Go from Here	p. 6
Heading into a Mess	p. 7
It Was a Dark and Stormy Decade	p. 9
Before the Beginning	p. 9
Defining the Great Depression	p. 10
Tracking events that led to the Great Depression	p. 10
Sharing the Suffering	p. 11
Going hungry and jobless as the banks collapse	p. 11
Looking for help, and striving to help themselves	p. 11
Suffering on the farm	p. 12
Exporting our economic woes	p. 12
Coping with Hard Times	p. 13
Looking for better times down the road	p. 13
Making noise with speeches, rallies, and machine guns	p. 14
Putting smiles on depressed faces	p. 15
Developing organized labor	p. 15
Finding a Way Out of the Great Depression	p. 16
Swapping leaders mid-Depression	p. 16
Curing the Great Depression with a New Deal's worth of alphabet soup	p. 16
Lessons and Legacies from the Great Depression	p. 16
Economic Basics: You Say "Depression," I Say "Broke"	p. 17
Depression: A Recession on Steroids	p. 17
Defining a recession	p. 18
Sinking into a depression	p. 18
Considering Economic Cures	p. 19
Setting fiscal policies	p. 19
Adjusting monetary Policy: The Fed	p. 20
Sizing Up the Stock Market's Role in a Downturn	p. 21
Buying on margin	p. 21
Making pooled investments	p. 22
Factoring in Inflation and Deflation	p. 23
The gold standard: Keeping inflation in check	p. 23
Battling deflation	p. 24
Prelude to Disaster: The Economy Prior to 1929	p. 25
Riding the Economic Cycle	p. 25
Some hard times before World War I	p. 26
Not much fun after World War I	p. 30
Sharing the Good Times with "Silent Cal"	p. 32
Driving to the good life	p. 33
A dollar down, a dollar a week: Living on credit	p. 34
Creating demand for needless things	p. 34
Getting Richer, or Staying Poor	p. 35
Feeling downtrodden on the farm	p. 36
Immigrants and African Americans: Getting by at the bottom of the heap	p. 38
Crashing with the Market	p. 38
Buying into the market on credit	p. 39
Getting gored by the bulls	p. 39
Lessons Learned	p. 41
It's easy to borrow, hard to repay	p. 41
The stock market can go down	p. 42
Getting Depressed	p. 43
Going Bust: A Depression Is Born	p. 45
Analyzing What Happened	p. 45
Putting a Happy Face on a Gloomy Economy	p. 47
Banking in Ruins	p. 48
Reacting to the crash	p. 49
Digging a deeper hole	p. 49
Taking a great bank holiday	p. 50
Breathing new life into the banks	p. 51
Becoming Jobless, Homeless, and Hungry	p. 53
Watching jobs disappear	p. 53
Moving to the streets	p. 56
Going hungry	p. 57
Marching on Washington	p. 60
Lessons Learned	p. 61
Safeguarding savings: The FDIC	p. 61
Reacting to economic downturns	p. 62
Coming Face to Face with Hard Times	p. 65
Looking for Relief	p. 65
Trying to help at the local level	p. 66
Getting the feds involved . . . slowly	p. 67
Swallowing pride to keep from starving	p. 70
Changing with the Times	p. 71
Tapping the entrepreneurial spirit	p. 71
Making do with what you had	p. 72
Taking a Toll on the American Family	p. 73
Eroding men's self-worth	p. 74
Hitting children the hardest	p. 76
Scraping By at the Bottom of the Barrel	p. 77
African Americans	p. 77
Latinos	p. 80
Native Americans	p. 81
Lessons Learned	p. 82
Weaving a social services safety net	p. 82
Paying women what they're worth	p. 83
Troubles on the Farm	p. 85
Farmers' Pre-Depression Depression	p. 85
Getting a boost from weather and WWI	p. 86
Watching demand and prices fall	p. 87
Sharecroppers: The worst of the worst-off	p. 88
Fumbling federal efforts to help	p. 89
Fighting-Mad Farmers	p. 90
Calling for a "holiday"	p. 90
Facing the farmers in the road	p. 91
Holding "penny" auctions	p. 92
Catching Washington's attention	p. 92
Paying Farmers Not to Farm	p. 94
Pumping money into the economy	p. 95
Finding a glitch and a flaw in the AAA	p. 96
Revamping the AAA	p. 97
Drought and Dust	p. 98
Roosevelt, the rainmaker	p. 99
A plague of grasshoppers	p. 99
Mountains of dust	p. 100
Lessons Learned	p. 103
The farmer and the Feds	p. 103
Feeding the poor	p. 104
Misery Loves Company: How the Rest of the World Fared	p. 107
Tallying the Costs of War	p. 107
Paying reparations - or not	p. 108
Trying temporary fixes: The Dawes and Young plans	p. 109
Making things worse with tariffs	p. 110
Kicking the Gold Habit	p. 111
The war changes the rules	p. 112
Goodbye, gold standard	p. 113
A "bombshell message"	p. 113
Looking at the Great Depression around the World	p. 114
Canada	p. 114
Mexico	p. 115
Great Britain	p. 116
France	p. 117
Latin America	p. 117
Africa	p. 118
Linking Depression and Despotism	p. 119
Military Japan	p. 119
Mussolini's Italy	p. 120
Hitler's Germany	p. 120
Stalin's Soviet Union	p. 122
Lessons Learned	p. 123
The World Bank	p. 123
The International Monetary Fund and the end of the gold standard	p. 124
Living Through the Great Depression	p. 125
On the Road	p. 127
The "Wandering Population"	p. 127
Riding the rails	p. 128
"Waiting for nothing"	p. 129
Being run off or arrested	p. 129
The "Boxcar Children"	p. 131
Locking up the schools	p. 132
Giving boys a purpose: The CCC	p. 132
Leaving their mark on the land	p. 133
The Real-Life Grapes of Wrath	p. 134
Telling the rest of the Story	p. 135
Contributing to the great migration: The AAA	p. 135
Heading west	p. 136
Life in California	p. 137
Fitting in where they weren't wanted	p. 138
Feeling the sting of discrimination	p. 139
Putting down roots	p. 140
Lessons Learned	p. 141
Working to serve	p. 141
Losing ground in the fields	p. 142
Demagogues and Desperadoes	p. 145
The Soapbox Supermen	p. 145
Francis E. Townsend	p. 146
Charles E. Coughlin	p. 147
Huey P. Long	p. 147
Heading for a showdown with FDR	p. 148
Fascists, Nazis, and Reds	p. 149
Hatching the "Business Plot"	p. 150
Defending the wealthy	p. 150
Trying to get a footing as communists	p. 151
Shilling for Der Füet;hrer	p. 152
Sticking with the Constitution	p. 152
Robin Hoods and Dirty Rats	p. 153
Thirsting for justice	p. 155
Emphasizing the good guys	p. 156
Lessons Learned	p. 158
Having Fun in Spite of It All	p. 159
More Time to Play	p. 160
Cutting down the workweek	p. 160
Finding uses for free time	p. 160
When Radio Was King	p. 160
Influencing America on the public airwaves	p. 161
Politicking over the air	p. 163
Trading Real Life for Reel Life	p. 164
Filling the seats	p. 165
Keeping it clean	p. 166
Producing the stuff of dreams	p. 167
More Fun for the Eyes and Ears	p. 168
Reading comic strips and their offspring	p. 168
Swinging to a new sound	p. 170
Drinking and Driving	p. 171
Bringing back legal booze	p. 171
Touring America	p. 172
Lessons Learned	p. 173
Changing how we spend leisure time	p. 173
Spending time in traffic	p. 174
Labor Rising: Unions in the Great Depression	p. 175
Disorganized Labor	p. 175
Losing ground in good and bad times	p. 176
Exposing management's dark side	p. 177
Sinking with the economy	p. 178
A New Deal for Workers	p. 178
Section 7 (a): Supporting the right to unionize	p. 179
The Wagner Act: Giving unions real strength	p. 180
The Fair Labor Standards Act: Raising wages, cutting hours	p. 181
Forming New Kinds of Unions	p. 182
Setting up the CIO	p. 183
Fighting in the ranks	p. 184
Considering the workers no one wanted	p. 185
Strikes and Fights	p. 186
Shutting down cities	p. 186
Sitting down on the job	p. 188
Beating "Big Steel"	p. 189
Losing to "Little Steel"	p. 189
Growing tired of labor strife	p. 190
Lessons Learned	p. 190
Trying to keep pace with the minimum wage	p. 191
Striving to stay relevant in unions	p. 192
Fixing Things	p. 193
A Tale of Two Presidents	p. 195
"The Great Humanitarian"	p. 195
Growing up	p. 196
Striking gold	p. 196
Saving lives	p. 197
Serving presidents	p. 198
Serving as president	p. 198
A good man, a bad politician	p. 199
The New Dealer	p. 200
Growing up	p. 201
Starting his political career	p. 201
Losing the use of his legs	p. 202
Becoming governor	p. 202
Running for president	p. 203
Easy Campaign, Hard Transition	p. 204
Running to the right	p. 204
Campaigning for a lost cause	p. 205
Winning the White House	p. 205
Handing off the Great Depression	p. 206
Avoiding an assassin's bullet	p. 207
Taking over	p. 208
Lessons Learned	p. 209
Changing the wait with the Twentieth Amendment	p. 209
Handing off the office from Bush to Obama	p. 210
Roosevelt's New Deal	p. 211
Starting Fast: The First 100 Days	p. 211
An alphabet soup of achievements	p. 213
"The most far-reaching legislation ever enacted"	p. 216
No one likes relief: The Civil Works Administration	p. 218
Starting the Second New Deal	p. 219
Generating jobs through the Works Progress Administration	p. 220
Establishing Social Security	p. 221
Feuding with the Supreme Court	p. 223
Assessing the New Deal	p. 224
Lessons Learned	p. 225
Paying for Social Security	p. 225
Closing the New Deal's health gap	p. 227
Lessons Learned from the Great Depression	p. 229
An Overview of the Great Depression	p. 229
Creating an economic disaster	p. 230
Dealing with the consequences	p. 231
Recessions after the Great Depression	p. 232
Debating "the Great Moderation"	p. 232
Looking at post-war recessions	p. 233
How Things Have Changed since 1929	p. 235
The Legacy of the Great Depression	p. 237
The Part of Tens	p. 239
Ten Good Movies Made in or about the Great Depression	p. 241
The Public Enemy (1931)	p. 241
I Am a Fugitive from a Chain Gang (1932)	p. 241
Gabriel Over the White House (1933)	p. 242
Gold Diggers of 1933 (1933)	p. 242
Dead End (1937)	p. 243
The Grapes of Wrath (1940)	p. 243
They Shoot Horses, Don't They? (1969)	p. 243
Sounder (1972)	p. 244
Bound for Glory (1976)	p. 244
Cinderella Man (2005)	p. 244
Ten Things Invented or Popularized in the Great Depression	p. 245
Sliced Bread (1930)	p. 245
Twinkles (1930)	p. 245
Scotch Tape (1930)	p. 246
Alka-Seltzer (1931)	p. 246
Fritos (1932)	p. 247
Toll House Cookies (1933)	p. 247
The Laundromat (1934)	p. 247
Tampax (1936)	p. 248
Nylon Bristle Toothbrush (1938)	p. 248
Rudolph the Red-Nosed Reindeer (1939)	p. 248
Ten Not-So-Depressing Things about the Great Depression	p. 249
Marx Brothers Movies	p. 249
Shirley Temple	p. 249
The Golden Gate Bridge	p. 250
The Wizard of Oz Movie	p. 250
"Wrong Way" Corrigan	p. 251
The Debut of Bugs Bunny	p. 251
Baseball's All-Star Game	p. 252
The Introduction of Muzak	p. 253
The World's - and Other - Fairs	p. 253
Superman	p. 254
Appendix: For Further Reading	p. 255
Index	p. 257
Table of Contents provided by Ingram. All Rights Reserved.

Amazon no longer offers textbook rentals. We do!

Lessons from the Great Depression For Dummies

Lessons from the Great Depression For Dummies

9780470487488

0470487488

Summary

Author Biography

Table of Contents

Supplemental Materials

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