The Great Depression… What do people say? LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2.

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Presentation transcript:

The Great Depression… What do people say? LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2

What do you think the expression “The Roaring Twenties” means? LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 Warm UP

*New technological improvements change lifestyles *Electricity in homes *Radios, refrigerators, appliances and telephones *cars *influential people felt good times here to stay LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2

You are going to work as reporters for a local newspaper, the Smalltown Herald *Your job requires you to do research on special topics and to produce newsletters *As you read, gather information to construct a newsletter about the Great Depression that will be included as a special section in the weekend edition of the newspaper. LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 Smalltown Herald

*Reporters review many sources before writing articles. *Read: “What Caused the Great Depression?” and “Money, Banking and Deflation” in pairs. Answer the questions on Handout 2.1 *Check it! LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 Corroboration

*Use this to take notes for newsletters *You get a letter- read and write on sticky notes what you think is important. *Look for clues that identify economic conditions *Record info on Reporter’s Research Notes *Collaborate with others with your same letter LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 Reporter’s Research Notes-

*meet in your letter groups *In number order, share your information VERBALLY while others record on their Reporter’s notes what you say. Then you record on your notes what they say. LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 Jigsaw!

*Ford closed its plant for 6 months in plan, design and retool for the Model A -How might this closing affect the economy? -How were mortgage payments a burden on those who lost their jobs? LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 A Ford Story

-How did the Smoot-Hawley Tariff affect prices of imported goods/services? -Is it a good thing? LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 Tariffs-a tax on imports to make “domestics” look appealing

●other countries put tariffs on us, then our stuff loses in those countries ●Hoover believed in a balanced economy (spend what we have, not go into debt) ○ How did raising taxes affect the economy? (who gained, who lost, what was the effect?) LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 Tariffs lead to…

*What were the effects of this? *Why were farmers also in trouble? *What did WWI have to do with this? LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 STOCK MARKET: 1929 CRASH

*You have identified many of the suggested causes of the Great Depression. Tariffs- Smoot-Hawley, stock market, farms failing, increased taxes, unemployment, balanced budget, closing of Ford, mortgage problems If “1” is strongly disagree, and 5 is strongly agree, stand where you vote on this statement: One of these events was significant enough to cause the Great Depression alone! LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 Barometer

*Stock market crash no wealth and confidence *closing of Ford unemployment, reduction in income, reduction in ability to repay loans or invest in stock *collapse of farming unemployment, reduction in income, reduction in ability to repay loans or invest in stock *Smoot-Hawley tariff price of US exports increase- no one wants it, can’t sell it, then don’t need to make it, more unemployment, reduction in income, can’t repay loans or invest in stock LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 One thing led to another...

*work in your group as assigned *Use information from 2.1 and 2.2 to construct a newsletter that reflects what you have learned about the causes of the Great Depression. In each newsletter choose 4 of the following: -a one-page, double spaced newspaper article on the factors that contributed to the Great Depression, including a newspaper-like title of the article; -a poem that expresses what life was like during the Great Depression -lyrics to a song that might be performed during the Great Depression to express conditions of the time -a letter to the editor expressing a specified concern about the economy or an economic problem and the writer’s recommendation of a solution for that problem; -a comic strip that might be published in the newspaper during the Great Depression See rubric for details LT: I can explain the causes of the Great Depression. DOK 1-3; S. 2 APPLY it!