As we watch a power point slide show please write down what you see, hear and any emotions you feel Be prepared to discuss the themes of what you see.

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Presentation transcript:

As we watch a power point slide show please write down what you see, hear and any emotions you feel Be prepared to discuss the themes of what you see

Consumerism Mass Production Prohibition High Society

Warehouses were overstocked Farms are failing Extend loans Coolidge would not bail out farms Uneven wealth Rising debt Stock speculation Over production

Over-Speculation, Over-Lending (banking malpractice), Under-Consumption led to an inflated market. Everyone had money in the stock market Many borrowed and invested beyond their means Buying on the margin – from broker Have $1000, borrow $9000, buy $10,000 Stocks Crashed, Banks Failed, People panicked and tried to get their money out of banks.

Stock holders All Americans Risky bank loans Consumer borrowing Bank failures Savings wiped Cuts in production Unemployment

6. Bear Market: 6. Bear Market: market with falling stock prices: market with falling stock prices: a situation in a stock or commodity market in which stockholders are selling in anticipation of falling prices a situation in a stock or commodity market in which stockholders are selling in anticipation of falling prices The opposite of a “Bear Market” is a “Bull Market” The opposite of a “Bear Market” is a “Bull Market”

Consumerism Over consumption Over Production Inflation Severe Drought Dust storms Prairie grass to protect topsoil Once plowed, winds carried nutrient rich top soil Causing soil erosion Black blizzards 60% of farms destroyed

You will create your own InfoGraphic that represents the causes of the Great Depression You must include all 7 causes This must be in color and use more visuals than words. See examples. ographics/ ographics/

Cast 2 Business owners 1 Bank 5 Bank Account holders (1 book ea)

Persons X, Y need 2 books each Persons A, B, C, D, & E each have one book They deposit their book in the bank Persons X &Y Borrow 2 books each Person X doubles their money, Person Y earns 3 books (unrealistic) Each borrower pays back all, but one book

How do banks work? What could happen in this scenario that would cause problems? What problem could the account holders create? What problem could the borrowers create? What problems could the banks create?