GREAT DEPRESSION
Objective: students will be able to identify and rank causes of the Great Depression.
Brain Burner Entry#1
Watch this five minute video. Why is it called the Roaring Twenties?
Critical Questions
1) How did the series of droughts impact the cause of the Great Depression?2) What did "buying on margin" do to make the stock market crash even worse?3) Why did overproduction contribute to the Great Depression?
Vocab
Black ThursdayBlack TuesdayBuying on MarginErosionDustbowlDrought
Stock Market Crash
Visual Analysis: Stock Market Crash
Visual Analysis: Run on Banks
Supply and Demand: 1920s
- Rising wages of 1920s
- Increase production: price of goods go up
- Speculation of market-Over Confident
- Buying on margin: credit
- Production continues to rise, wages don't increase, over
supply, no buyers = layoffs...massive layoffs 25% unemployed
- Stock prices fall
- People who bought stock on credit can't pay back loans
- Fall in wheat and corn prices, farmers can't pay back loans
Production: Visual Analysis
Visual Analysis: Cloud of...
Mismatched farming methods...
Visual Analysis
Visual Analysis
WEbsites
http://www.drought.unl.edu/whatis/dustbowl.htm"The Great Depression and Over Capitalization""Poor Land Management Practices"
http://us.history.wisc.edu/hist102/lectures/lecture18.html