Booms and Busts of the 1920s Graphic Organizer



Honors US History: Unit 7Booms and Busts of the 1920s Graphic OrganizerThe 1920s were marked by a series of factors or events that caused economic booms (growth or the appearance of growth) and eventually a series of economic busts (declines) culminating in the stock market crash on October 29, 1929, which became known as Black Tuesday. Your task is to:Read ‘The Business Boom of the 1920s’ article AND Chapters 21 & 22 in your textbook to identify the factors that caused the booms and the busts. Using the readings identify whether the factors listed below are boom or bust factorsCreate a chart on a separate sheet of paper listing the factors below as either boom or bust factors (include a short explanation or rationale for why you think they are boom or bust factors)Using 2 pieces of computer paper taped together, create an EKG-style graphic organizer and write in the boom factors on the up-slopes and bust factors on the down-slopes (the last bust factor should be Black Tuesday)Write a title on your graphic organizerInclude your rationale of why you think each factor is a boom or a bust factor below each factor you list (see the sample on the other side of this sheet for an example)The following factors must be included:Hawley-Smoot tariff price-supportspsychology of consumptionincreased technologyfailed industries (include mention of specific failed industries)worker productivitycredit issues (easy credit)speculationbuying on the margintariff policiesdistribution of wealthunemploymentAndrew Mellon’s policiesbank failuresFederal Trade Commission (FTC)overproductionthe stock market crash (Black Tuesday)Booms & Busts En Route To the Great Depression (Sample)Hawley-Smoot Tariff: est. highest tariff in US history; led to higher unemployment & fall in world tradeBLACK TUESDAY:Mass stock sell-off sparks losses of $30 billionTechnology Boom:Sparks developments in new industries like plastic & rayon; stimulated old industries like steel & petroleumContinued growth of the gap between the rich & the poor. ................
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