Thursday, January 3, 2019

22.1 Notes and Reflection

Student learning objective- Students will identify the causes and effects of the Great Depression and make connections to modern day.

http://teachers.henrico.k12.va.us/tucker/strusky_m/2360cwebpage/eText/ch22-1.pdf

I. The Nation's _______________ Economy
A. Economic Troubles on the Horizon
1. Industries in Trouble
a. Railroads, steel and textiles barely making a profit
b. mining and lumbering not in high demand anymore
2. _______________ need a lift
3. _______________ have less money to spend
4. Living on _______________
5. uneven distribution of _______________
B. _______________ takes the nation
1. The Election of _______________
a. Hoover- _______________ was a former mining engineer and leader of the WWI Food Administration
b. Alfred Smith- _______________ was a lifelong politician and Governor of NY
c. _______________ wins!
2. Dreams of Riches in the Stock Market
a. Averaging the top 30 stocks on the market- _______________ Jones Industrial Average
C. The Stock Market _______________
1. Black _______________- 10/29/1929- Stock Market Crash
D. Financial Collapse
- Great _______________- 1929-1940ish
1. Bank and business _______________- one of the effects of great depression
Also- _______________= 13 million people out of work
-Average income dropped
-Consumer spending dropped
-Average people/family did not save any or much money
How did Jesse Livermore and Joseph Kennedy make out from the stock market crash and Great Depression?
2. World-wide Shock Waves
3. Causes of the Great Depression
a. Hawley Smoot _______________ and other tariffs and war-debt policies
b. _______________ crisis
c. availability of easy _______________
d. unequal distribution of _______________
e. Stock Market Crash
    NOTE- Reflections named after sections are always a minimum 4 sentences that you write connecting to the topic.  Students can just remark on something from that section or the best is when they compare it to what they know and show they understand how relevant it is to their lives.  Summaries will NOT be given credit on the next notebook check.  If you are uncertain how to write a reflection instead of a summary, see P. Cook.

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