Talking about Famous People Book 2 Page 114

Background Information Alan Greenspan the Federal Reserve Board the Depression Wall Street

Identifying the Organization Process: the description of a process usually follows a time order and is signaled by words and phrases like “ then/ later/ next/ after that. Causal Analysis: in a causal analysis, expressions like “ because/ there are reasons for … / as a result ” are often used. Comparison: in a comparison expressions such as “ for one thing …,for another thing … /unlike … /contrary to.. ” appear more.

Now you are going to hear three short passages and tell what organization they focus on. PassageWay of Organization 1a. Causal Analysis 2b. Comparison 3C. Process C B A

Why Is Biodiversity Important? Book 2 Page 149

Paris and Washington book 1 page 102

Assignments

Alan Greenspan Dr. Greenspan was born on March 6, 1926, in New York City. The cautious chief of the Federal Reserve Board, was a child through the Depression, became President Gerald Ford’s top economic adviser during the economic woes of the mid-1970s. He has been designated Chairman of FRB by Presidents Reagan, Bush, Clinton, and Bush. He is the second most powerful man in America, is responsible for balancing the U.S. economy between boom and bust.

the Federal Reserve Board A committee of seven governors appointed by the American President to supervise the Federal Reserve System, which is best known to the public for its influence on the interest rates by raising or cutting the amount of money available at any one time in the American financial system. Alan Greenspan is Chairman of the Federal Reserve Board.

The Great Depression The Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about It was the longest and most severe depression ever experienced by the industrialized Western world. As for President Roosevelt, the U.S.A was about to enter a new era of economic and political change.

Unemployed men vying for jobs at the American Legion Employment Bureau in Los Angeles during the Great Depression

During the Great Depression, unemployment was high. Many employers tried to get as much work as possible from their employees for the lowest possible wage. Workers were upset with the speedup of assembly lines, working conditions and the lack of job security.

Wall Street located in lower Manhattan, NY. It is the site of stock exchanges and financial institutions