Graphing Economic Data. Begin working immediately! Get with your partner from yesterday and continue the activity, “Graphing Economic Data” Be sure to.

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Presentation transcript:

Graphing Economic Data

Begin working immediately! Get with your partner from yesterday and continue the activity, “Graphing Economic Data” Be sure to write in complete sentences and underline your answers. Once you have completed all questions, bring them to me. If you get all the answers correct, you win 10 points for your team!

Standard Describe the monetary issues of the late nineteenth and early twentieth centuries that gave rise to the establishment of the Federal Reserve and the weaknesses in key sectors of the economy in the late 1920s.

Objective Students will be able to analyze the impact of the Great Depression by completing the activity: Analyzing Economic Data.

Essential Question What caused the Great Depression and how did the government deal with it?

Directions In this activity you will graph and analyze data on six areas of the U.S. economy during the 1920’s and 1930’s – average stock prices, Gross National Product, unemployment rate, workers’ average annual salaries, business failures, and bank closures – to understand the causes and effects of the Great Depression

Directions  Get out a piece of paper and title it:  Graphing Economic Data – answers  Number 1-16 skipping lines in between  Be sure you have handout:  Graphing Economic Data

Directions For each set of data, neatly and correctly plot each figure on the corresponding graph. Then, connect the coordinates with a line to create a line graph. Watch as I model the first one for you.

Directions 1. Pick up a slip of paper and read the question. 2. Look at the correct graph to answer the question. What is the answer? 3. Write your answer in a complete sentence on your paper next to the corresponding number. 4. The first team to finish all questions correctly wins 10 points! Get with your 10:00 appointment If you don’t have a partner go to the podium and get a partner

Wrap-Up What data most surprised you? Confirmed what you already know? Were the 1920s really boom times for the American economy? Explain. Did everyone share in the economic prosperity of the 1920s? When did the economic collapse occur? How do you know? Based on the data, what were the main causes of the economic collapse? In what ways were the causes of the Great Depression interrelated?