Reading and Note Taking Study Guide



The Great Depression and the New DealLesson 1 Causes of the DepressionKey Terms business cycleHerbert HooverspeculationBlack TuesdayGreat DepressionHawley-Smoot TariffAcademic Vocabularycontraction: making something smallerconverge: to move or be directed toward the same purpose or resultexude: to show an emotion clearly and stronglyproverbial: commonly spoken of or widely knownLesson ObjectivesIdentify how weaknesses in the economy of the 1920s caused the Great Depression. Explain why the stock market crashed in 1929 and the crash’s effect on the economy. Describe how the Great Depression deepened in the United States and spread overseas. Identify the causes of the Great Depression and discuss how historians differ about them.Hidden Economic Problems in the Roaring Twenties: Text1.Determine Central Idea What is the central idea of the “A Chicken for Every Pot” article? 2.Analyze Interactions Among People and Events How did many farmers get into debt in the 1920s? Explain how World War I and crop prices affected farmers during this time period. 3.Identify Supporting Details What problems did industrial workers face in the 1920s? Give two examples. 4.Summarize Explain why the large gap between the rich and the poor led to economic instability. The Stock Market Hits Bottom: Text5.Identify Cause and Effect What role did credit and speculation play in the stock market crash? 6.Use Visual Information How do the photographs in “The Stock Market Hits Bottom” help you understand the effect of the stock market crash of 1929? The Great Depression Begins: Text7.Identify Cause and Effect Use the cause and effect chart below to explain some of the effects of the stock market crash. Include at least three effects in your chart.8.Summarize What was the goal of the Hawley-Smoot Tariff? Was the tariff successful? 9.Analyze Interactions Explain how the depression in the United States affected the economy of Europe. The Causes of the Great Depression: Text10.Draw Conclusions What government actions would Keynes have recommended to prevent the depression? ................
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