1. Bell ringer
List as many credit card companies as you can.

2. “get what you want now” Installment buying Credit
Paying for an item overtime in small payments
Credit
Borrowing money from a lender (bank, credit card, etc)

3. The National income rose from $64 billion in 1921 to $87 billion in 1929.
Most businesses seemed to make fortunes.
The stock market reached new heights.

4. THE SUPERFICIAL PROSPERITY OF THE 1920’s
What hidden problems did the economy have?

5. Business wasn’t as healthy as it seemed:
Large businesses bought up or merged w/smaller ones.
But as businesses grew, business managers made much more $ than workers did.

6. Consumer debt rose to high levels:
Businesses encouraged customers to buy on the INSTALLMENT PLAN.
Banks provided $ at low interest rates.
Average Americans were spending more $ than they actually had.

7. Farm failures increased
Foreign competition
Boll weevil
1927 Mississippi River flooded & up to 1,000 people died

9. Class activity Count off by 5
Brainstorm way as computers are used in daily life
Put your list into different categories
Educational, communications, entertainment
Name new industries that developed because of the computers