1. Focus Question: How did the economic “boom” of the 1920s come to a crash in 1929, leading to the worst economic time in U.S. history?
HW: Complete chart on p. 17 and write a one sentence prediction on what life was like for teenagers or children living during the Great Depression.

2. Do Now: What is good about having a credit card? What is bad?
Focus Question: How did the economic “boom” of the 1920s come to a crash in 1929, leading to the worst economic time in U.S. history?
Do Now:
What is good about having a credit card? What is bad?

4. LINK to optional Video “What Caused the Great Depression?” (2:29)

5. 1920s Economic Boom BUT… Problems DEPRESSION
mass production
new consumer products
“bull” market
overproductio n
credit buying
stocks bought “on margin”
unequal prosperity
businesses can’t pay debt
stock market crashes
“bank runs”
people lose their savings
businesses fail
unemployme nt rises