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5.7 Classwork: Analyzing the Great Depression - 2022/2023

Last updated over 1 year ago
16 questions
Note from the author:
Content Objective: I will be able to understand the relationship between the consumerism of the 1920s and the Great Depression.

Standard Objective: I will be able to draw connections between events (cause/effect).

Absent? Just want to review the slides? Click here for the slides from today.
Content Objective: I will be able to understand the relationship between the consumerism of the 1920s and the Great Depression.

Standard Objective: I will be able to draw connections between events (cause/effect).

Absent? Just want to review the slides? Click here for the slides from today.
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1

Warm Up: What do you notice about this primary source photograph taken during the Great Depression? Circle or star any key details you see in the "show your work" box.

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What do you think these people are standing in line for?

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In what ways is this image hypocritical? If you forget what "hypocritical" means, take a brief moment to look it up on Google now!

Before we learn about the Great Depression, let's compare it to the economy during the 2020 Coronavirus Pandemic.

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1

Which year did our country experience the highest unemployment rate ever?

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What percentage of Americans were unemployed in April of 2020?

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Why did the economy struggle so much during 2020? If you are unsure, take a guess!

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What is this graph measuring?

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Which type of retail stores suffered the most at the start of the pandemic?

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Do you work at a job currently? If so, where do you work? Which category measured in the graph does your job fall under?

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Let's review: For the United States, the effects of World War I were positive -- ushering in the Roaring 1920s as a decade of unprecedented _______ , new patterns of _______, such as purchasing consumer goods like radios, cars, vacuums, beauty products or clothing

The expansion of _______ in the 1920s allowed for the sale of more consumer goods and put cars within reach of average Americans. Now individuals who could not afford to purchase a car at full price could still buy it and pay for that car over time -- with _______ , of course!

With so many new products and so many Americans eager to purchase them, _______ became a central institution in this new consumer economy.
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The Great Depression was primarily caused by the _______ , overextension of credit, and wealth _______ of the Gilded Age and Roaring 20s.

While European countries owed the U.S. money from World War I, those debts were never repaid. When the U.S. economy plummeted after the Stock Market Crash of _______ , many Americans tried to withdraw their life savings during _______ , which caused many banks to foreclose.

Nationwide defaults on loans and mortgages led to rampant unemployment, homelessness, and _______ economic collapse.
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1

Look at the men from Illinois pictured to the left. Notice how one man is a "Native Chicagoan." How do you think these men felt during this time period? What do you think was going through their minds when this photograph was taken?

The graph to the left shows the price of stocks during each year.

-Higher the line=higher the price of each stock = more money for companies/economy

-Lower the line=cheaper the price of each stock=less money for companies/economy
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In the graph, which range of years displays a decrease in Common Stock Prices?

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Which economic crash was worse?

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Which type of economic crash is more severe?

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Exit Ticket: What is one similarity between the economic conditions during the Great Depression and the Coronavirus Pandemic?