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Do Now 2/28 1) What do you see? Make a list. 2) What questions do you have? 3 minutes!

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Presentation on theme: "Do Now 2/28 1) What do you see? Make a list. 2) What questions do you have? 3 minutes!"— Presentation transcript:

1 Do Now 2/28 1) What do you see? Make a list. 2) What questions do you have? 3 minutes!

2 Turn and Talk 1)What do you think is the message of this political cartoon? 2)How does this cartoon connect with what we learned yesterday? (Hint –look at your notes!) 2 minutes!

3 Objectives – We will: -recall what we learned yesterday about the causes of the Great Depression -Identify causes of the Great Depression -Explain how the under-consumption could lead to unemployment. -Compare and contrast what you know about today’s economy and what you learned in class today about the Great Depression.

4 Agenda Do Now (3) Turn and Talk (5) Mini-lesson (10) Film (10) Graphic Organizer (5) Reading (8) Questions (10) HW (3) Wrap-up (3)

5 8.4 What caused the Great Depression? Could it happen again? Causes: stock market crash, overproduction, under-consumption, unemployment, banks close 5 minutes!

6 Under-consumption People buy fewer things Businesses lose money ? Unemployment 5 minutes!

7 Great Depression Film Notes How much money was lost when the stock market crashed? How many Americans owned stock at this time? Was it a lot of people or a few? Why did banks close? By 1933, how many states did not have banks?

8 The Economic Crash of the 1930s Overproduction causes less consumption Less production (things made) and less employment Businesses make less money Stock market crashes Bank runs 5 minutes!

9 Could this happen again today? Read and answer questions in your notebook. 8 minutes to read 10 minutes to answer questions

10 Homework 1)Finish answering questions from the reading in your notebook. 2)Analyze the political cartoon (use handout – write in left-side) 3)Respond to the question of the day – 8.4

11 Wrap-up Today we reviewed the causes of the Great Depression. It was occurred when: _____________, ________________, ___________________, ______________ and __________________. Also, we read about how a speculative bubble might lead to another depression today. A speculative bubble is when _______________


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