The Great Depression and the Americas

(1929 – 39) Objective 3.2: Discuss the

collapse of the US stock market and the part this and other factors

played in causing the Depression

Warm-Up: Partner Review—Only Yesterday (XII. Crash!) by Frederick Lewis Allen

What previous knowledge was confirmed in the text?

What new knowledge was put forth in the text?

What surprised you about the text?

What confused you about the text?

Document Based Question: What Caused the Great Depression?

1. Read the background essay2. Analyze the documents around the room;

record the main idea of each document 3. Organize the documents by causes; one

or more of the documents may be simply contextual

4. Clearly state how each cause contributed to the decline of the economy

5. Decide which causes of the Great Depression were the most important

Quickwrite Answer the following prompt in a full

essay…• To what extent was is it true that the Wall

Street Crash did not cause the Depression?

Warm-Up: Money and Debt If someone says it better, let them say it…

CRASH COURSE #202 (World History)• While watching, jot down notes on the

role(s) money and debt plays in society Think about both the positives and negatives

Term Definition Define the following terms related to

the start of the Great Depression• Speculation• Overproduction• Underconsumption• Buying on margin• Tariff• Capital• Credit• Stock Market Crash

Article Analysis: “Is today's economic crisis another Great Depression?” (USA Today)

Read the given article Analyze the article in relation to the following questions…

1. What was the unemployment rate during the Great Depression?2. Why have economists stopped using the word “depression”?3. Does the article suggest that we are close to another Great

Depression?4. What are some of the similarities between the GD and today’s

economy that the article gives?---similar declines in stock market, bad loans, banks are slow to lend money.

5. Did the fed raise or lower interest rates during 1929-1930? Why were their actions bad for the economy?

6. What was the Hawley-Smoot Tariff? Was this good or bad?7. How do government policies differ today than during the 1920s

and early 1930s?-----bailout, lowering interest rates8. Why is consumer confidence so important?---Consumer confidence

means that people are willing to spend money.

Comparing/Contrasting the Past and the Present

What is tent city? How did film clip

make you feel about the current state of the economy?

Comparing/Contrasting the Past and the Present

Great Depression Great “Recession”