THE NATION’S SICK
ECONOMY
ESSENTIAL QUESTION
12/11/2014
Price Support
Credit
Dow Jones Industrial Average
Speculation
Buying on Margin
Black Tuesday
Great Depression
Hawley-Smoot Tariff Act
VOCABULARY
Alfred E. Smith
PEOPLE TO KNOW
Herbert Hoover
1
Describe how the following variables were a threat to the economy
Industries in Trouble
Farmers in Trouble
Consumer Spending
Credit
Uneven Distribution of Income
The Dust Bowl
ECONOMIC TROUBLES ON THE HORIZON
Describe Herbert Hoover as a candidate for President
Why did Americans want to invest in the Stock Market in the
1920’s?
How did the following negatively impact the Stock Market
1.
2.
3.
Speculation
Buying on Margin
Government Action
HOOVER TAKES THE NATION
12/11/2014
Stock Market
Crashes
Describe how the events in the diagram led to the Great
Depression
Businesses shut down
Panic on the banks
Hawley-Smoot
Tariff Act
THE STOCK MARKET CRASHES
AND FINANCE COLLAPSES
The Great
Depression
Identify and describe the causes of the Great Depression
3.
4.
1.
2.
CAUSES OF THE GREAT DEPRESSION
2
In what ways can our knowledge of the causes of the Great Depression help us to avoid a future Great
Depression.
CULMINATING QUESTION
12/11/2014
3