The Great Depression
ICSE · Class 11 · History
Complete topic list for The Great Depression in ICSE Class 11 History. Key concepts, sub-topics, and what to focus on for board exams.
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1. America before the Crash
- After Wilson, three Republican Presidents came to power: Harding, Coolidge, and Hoover.
- The Republican Party was more conservative than the Democrats.
- Harding gave the cry, 'America will be back to normalcy.' This meant a return to pre-war stability and isolation.
2. Causes and effects of the Wall Street Crash
- The boom ended suddenly with the Wall Street Crash of October 1929.
- Marxian explanation: over production in industry caused saturation of the market.
- Liberal historians give four causes: overconfidence in permanent prosperity, speculation in shares, heavy investment in weapons industry, and unequal distribution of wealth.
3. Hoover’s response to the Depression
- Herbert Hoover became President in 1929 during prosperity and then faced the crash.
- He first tried to protect home industries by raising tariffs on imports.
- Taxes were reduced to increase people’s purchasing power.
4. Roosevelt and the New Deal
- Franklin D. Roosevelt became President in March 1933.
- He was born in 1882 at New York and was paralysed in his lower parts because of polio.
- Roosevelt closed all banks and forbade withdrawal of gold and silver to restore confidence.
Key Concepts
Central concept: The Great Depression and its impact on the United States, Germany, and Japan
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