7.PowerPoint - WordPress.com

advertisement
UNIT 7: ROARING
TWENTIES AND THE
GREAT DEPRESSION
DAY 1: HARDING,
NATIVISM,
CONSUMERISM
DO NOW
LOOKING FORWARD
ELECTION OF 1920
People wanted a
return to the security
they felt before WWI
Warren G. Harding
A “return to
normalcy”
WHAT IS “NORMALCY”?
 Normalcy = an idealized version of the way things are, or the
way things should be
 In groups of 2-3, act out a scene of “normalcy”




Family Life
Women’s Rights
Education
Transportation
 Now, in groups of 2-3, act out the same scene, but as “reality”
1920S STATIONS
DAY 2
DO NOW
 What do you know about the Harlem Renaissance?
 Tweet your answer @ms_keale
 Write it down on a post-it note and post it on the white board
LOOKING FORWARD
 Harlem Renaissance work over break (I’ll explain later!)
“RED SCARE”
 Russian Revolution
 Monarch replaced by a “republican”
 (“Republican” = communist)
 Communism: political and economic
philosophy in which the government
owns all property and individual
rights mean very little
 “Red Scare”
 Anarchists attempt to assassinated
Attorney General Palmer
 Palmer Raids: suspected communists
are arrested and jailed
 Sacco and Vanzetti: convicted and
executed
“RED SCARE”
 Nativism: opposition to
immigration
 Immigration quotas
(limitations) – designed to
allow more immigrants
from Western Europe than
Eastern Europe
 Ku Klux Klan
 Redeveloped out of fear of
communism and mistrust
of immigration
 Expanded to attack Jews,
Catholics and immigrants
 Lynchings, violence
GREAT MIGRATION
African-Americans
moving North
Goal: jobs, economic
equality
White response:
 Racism (KKK)
 White Flight
(migration)
 Race Riots
(YouTube)
HARLEM RENAISSANCE
 1919-1930s
 African American
pride and awareness
 First time African
American intellectuals
wrote works
portraying the daily
lives of working class
African Americans
 Langston Hughes,
Zora Neal Hurston
TWITTER PROJECT
 You have just been transplanted back in time to the Harlem
Renaissance
 Your Twitter followers want to know what it is like
 Use the remainder of this class period to work on your project,
it’s due on the Monday we return!
REVIEW DAY
DO NOW
LOOKING FORWARD
“FISHBOWL”
 Round 1: Taboo
Describe the vocab term on your card using any words, sounds
or hand motions EXCEPT the words on your card
 Round 2: Charades
Describe the vocab term on your card using hand motions or
body language. You may not make any sounds.
 Round 3: Password
Describe the vocab term on your card using one word
RECAP: THE 1920S
 Consumer society
 “Red Scare”: period of time when Americans feared a
communist takeover
 Palmer Raids: suspected communists and “subversives” were
arrested and jailed
 Sacco and Vanzetti
 Nativism: opposition to immigration
 Quotas: limitations on the number of immigrants that could enter the
US annually from different parts of the world
 Ku Klux Klan
 Prohibition: a national ban on the sale and consumption of
alcohol
 Bootleggers, mobsters, gangsters (Al Capone)
AMAZING RACE
 With a partner, race to complete all of the stations
 You do not need to complete the stations in order
 You must get your answer checked after every station
 When you have finished the stations, work on your homework!
STATION 1
STATION 2
STATION 3
STATION 4
STATION 5
STATION 6
STATION 7
DAY 3
DO NOW
 Put your homework on your desk (do NOT email it to me)
 Add something to THIS KWL chart that you know about the
Great Depression (either from prior knowledge OR your
reading last night) or want to know about the Great
Depression
KNOW
WANT TO KNOW
LEARNED
LOOKING FORWARD
 Tonight’s Homework: Chapter 22.2 – Main Idea Questions
 1920s & Great Depression QUIZ on FRIDAY
PROSPEROUS 1920S
 President Calvin Coolidge: the
government should not
interfere with the growth of
business (laissez-faire
economics)
 Stock Market:
 Speculation: high-risk
investments in the hopes of
making money
 “Buying on margin”: purchasing
stocks for a portion of what they
cost (10%)
 Technology
 Mechanization = mass production
 Manufacturers flood the markets
with products = cheap goods!
FARMERS IN THE 1920S
 OVERPRODUCTION!
 Agricultural prices
drop drastically
 President Coolidge
refuses to help (says
it is unconstitutional)
 PREDICT: What is
going to happen to
farmers in the 1930s?
STOCK MARKET GAME
Today we’re going to complete a simulation in which you’ll have
the opportunity to make decisions that will cause you to
succeed or fail at the Stock Market
 Every person should have:
 4 $100s
 1 $50
 5 $10
 Step 1: Read the Stock Prospectus
 Step 2: Begin to buy stocks from the Stock Brokers
 Consider: How will you make the most money?
 Consider: How will you lose the least amount of money?
 Suggestion: “Buy low, sell high!”
START
 Each share is worth $10
 To purchase a stock certificate, you need to purchase 10
shares ($100)
 Everyone must purchase something each round
 When the market is “closed”, you may purchase/trade with
each other, but may not trade with the stock brokers
1920
Company
Situation
New Stock Price
Per Share
Kroger
Purchases a West Coast food chain
$12
Radio Corporation
New model released with built-in antenna
$13
Mammoth Oil
9 wells begin producing in Wyoming Field
$14
Gotham Bank
Bank declares a 6% dividend
$11
Durant Motors
Fails to make payment on notes to the
Gotham Bank
$7
Midland Utilities
Midland extends services into Michigan
and Wisconsin
$13
Kansas Pacific
K&P will pay no dividends this year
because of expansion into the Southwest
$9
Tel-Tone
Dial telephones will be installed in parts of $15
New York City
1922
Company
Situation
New Stock
Price Per
Share
Kroger
Merger with large Eastern chain of stores
$15
Radio
Corporation
15 patents are purchased from the Edison’s company
$14
Mammoth Oil
Largest oil field in America may be located under
Mamouth Oil Lease in Tea Pot Dome, Wyoming
$19
Gotham Bank
Stock price remains the same
$11
Durant Motors
Locomobile sales are depressed because of competition
from Ford Motor Company
$5
Midland
Utilities
Insull’s financial manipulation allows Midland to take
control of Commonwealth Edison
$19
Kansas Pacific
Profits rise as agricultural shipments from the southwest
begin
$10
Tel-Tone
New York Stock Exchange announces that Tel-Tone has
shown the greatest increase of any stock listed on the
exchange
$22
CRISIS: PRESIDENT HARDING
Company
New Stock Price
Per Share
Kroger
$13
Radio Corporation
$13
Mammouth Oil
$16
Gotham Bank
$10
Durant Motors
$4
Midland Utilities
$19
Kansas Pacific
$9
Tel-Tone
$19
President Harding is
suffering from a coronary
seizure and may have
pneumonia. He is reported
to be dying. The Stock
Market will be closed for 2
minutes for new postings
1925
Company
Situation
New Stock
Price Per
Share
Kroger
Corn blight on Kroger farms causes 90% loss of crop
$12
Radio
Corporation
Speculation on new patent causes rise in stock prices
$15
Mammoth Oil
Japanese offer to buy the total production of Elk Hills
$21
Gotham Bank
French government announces that they will begin to pay
their World War I war debts to U.S. banks
$12
Durant Motors
The DuPont family begins to buy large blocks of Durant
Motors stock
$7
Midland
Utilities
Insull fears Cyrus Eaton of Cleveland may be trying to take
over Midland by purchasing large quantities of stock
$22
Kansas Pacific Speculation on increased profits from holdings in Mexico
causes stock price to rise
$11
Tel-Tone
$24
Announces completion of successful merger. Speculation
on the Market continues
1927
Company
Situation
New Stock
Price Per Share
Kroger
Speculation that Purity Markets are buying Kroger for an
attempted take over
$14
Radio
Corporation
Rumored merger with the Edison Company causes stock to
rise
$17
Mammoth
Oil
Congressional committee begins an investigation of the
Mammoth Oil leases. Possible fraud.
$13
Gotham
Bank
Bank stock remains unchanged
$12
Durant
Motors
Louis Chevrolet is hired to design an inexpensive automobile
$10
Midland
Utilities
Cyrus Eaton begins dumping large blocks of Midland stock
on a depressed market
$18
Kansas
Pacific
Drought in the Southwest and depressed farm prices cause
profits of K&P to fall
$10
Tel-Tone
Drop of two points caused by J.P. Morgan selling 200,000
shares. Brokers see only temporary setback
$22
1928
Company
Situation
New Stock
Price Per Share
Kroger
Food prices are depressed because of agricultural surpluses
$13
Radio
Corporation
Merger with the Edison Company falls through when Radio
Corporation pays no dividends
$14
Mammoth
Oil
Harry Sinclair is called before Congressional Committee.
Secretary of the Interior Fall is indicted for fraudulent oil
leases
$7
Gotham
Bank
Announces profits have increased 5% over the last quarter
$13
Durant
Motors
Durant Motors and Fisher Body have announced a merger.
New corporation will be called General Motors
$13
Midland
Utilities
Reports in the Chicago Tribune disclose Insull’s Company is
a “House of Cards” ready to crumble
$14
Kansas
Pacific
New oil fields in Oklahoma cause a new boom along along
Kansas Pacific track
$12
Tel-Tone
Fails to rise as predicted. Brokers are unable to explain the
downward trend
$17
OCTOBER 23, 1929
The market slipped today as the government announced that
home construction, an indicator of prosperity, was at an all -time
low. The Federal Reserve Board also announced that a change
in the prime interest rate would take place in the near future;
speculation on the stock market is getting out of hand. It is
rumored that the House of Morgan intends to sell 12 million
shares of common stock at a loss, before interest rates change.
The Gotham Bank announced that margin buyers of stock are
being notified that they must put up more money to cover
today’s losses.
The Stock Market will be closed for 5 minutes.
OCTOBER 24, 1929
(BLACK THURSDAY)
 Stock brokers must buy back all of the stocks
Company
New Stock Price
Per Share
Kroger
$8
Radio Corporation
$4
Mammouth Oil
$2
Gotham Bank
$12
Durant Motors
$12
Midland Utilities
$3
Kansas Pacific
$8
Tel-Tone
$6
REFLECTION
 Did you have a system for what would make you money, or
lose you money?
 Did you start with the same amount of money with which you
ended the game?
 Did anyone sell out before the crash?
THE BEGINNINGS OF THE GREAT
DEPRESSION
 President Herbert
Hoover: opposes
government
interference in business
 October 29, 1929
(Black Tuesday): Stock
Market crash
 Prices drop drastically
 Buying on speculation or
the margin = lose
everything
 Financial ruin
 Beginning of the Great
Depression
EXIT TICKET
Write one paragraph
Could the Great Depression have been avoided?
Why or why not?
DAY 4
DO NOW
Rich or poor, most Americans have possessions and take for
granted the hundreds of big and little conveniences that having
a home gives them
Imagine NOT having a home and having a limit in your
possessions. You can only own what you can carry with you.
What five things would you take with you if you had to migrate
on a daily basis? Why?
LOOKING FORWARD
 1920s and Great Depression Quiz on FRIDAY
 StudyBlue terms are now up!
(Paper copies available)
 Tonight’s Homework: Chapter 22.3 – Main Idea Questions
ROOT CAUSES OF THE GREAT
DEPRESSION
1.
Stock Market Crash of 1929
Two months after the crash,
stockholders had lost $40 billion
2.
Bank Failures
Over 9,000 banks failed (people lose
all their savings)
Banks refuse to issue new loans
3.
Reduction in Purchasing
Across the Board
Consumerist society ends
Unemployment rises to above 25%
4.
American Economic Policy
with Europe
Smoot-Hawley Tariff: high tax for
imports
5.
Drought Conditions
“The Dust Bowl”
LIVING CONDITIONS DURING THE GREAT
DEPRESSION
Homelessness
Soup kitchens and
breadlines
“Hoovervilles”
THE DUSTBOWL
 Step 1: Watch
“America the Story of
Us: Bust” from 20:0026:00
 Step 2: Complete the
questions OR take
notes on the video
independently
 OVERALL QUESTION:
What caused the Dust
Bowl? What did the
Dust Bowl cause?
POLITICAL CARTOON ANALYSIS
 Open “7.GreatDepression.PoliticalCartoons” in the Unit 7
folder on Edmodo (use Safari NOT the App)
 With a partner (or independently), complete the worksheet
 Check your answers with a classmate before emailing me your
completed document
DAY 5
DO NOW
LOOKING FORWARD
LIVING CONDITIONS DURING THE GREAT
DEPRESSION
 Unemployment rate:
25%
 Bonus Army march:
wanted early payment
of a promised bonus
 Dust Bowl drought
 High homelessness
(“Okies” and “bums”):
migration to California
 Effect on communities:
 Undernourishment
 Teachers work for free
 Low birthrate
 Single parent families
DIFFERING RESPONSES
Herbert Hoover
 “Rugged individualism”
 Laissez-faire economics
Franklin Delano
Roosevelt
 “New Deal” : series of
direct relief and
recovery measures
 Deficit spending:
government spending of
borrowed money
 Fireside chats:
effectively used radio
to his advantage
 VERY controversial
SELF-DIRECTED LEARNING
Today’s Checklist:
Read Chapter 7.3 of the
red EOC book on the
New Deal and answer
the guiding questions in
your notes
Complete the Study
Island assignment
“April 11, 2013” until
you have 70% accuracy!
Use StudyBlue or your
notes to study for
tomorrow’s quiz
Download