U
US HISTORY
MR. BOOTHBY
4/26/2019
Target[pic]: I can describe the Boom and Bust of the 20’s!
SC: Bull Market TO…Stock Market Crash: Bear Market/ Global Depression
BUT YOU HAVE A BONUS PROJECT ( GRAB A SHEET & A SEAT!!!
Silently Read Pages 757-763 +770 (1.5 full pages MINIMUM!)
IF YOU READ FIRST AS A CLASS: Answers will be revealed BELOW (!
1) What happened in October of 1929 that ended the “Roaring 1920s”? Explain Black Tuesday and how this all took place (see 757)!
2) What were some of the RESULTS of this crash on families in the US? What is the era after the crash known as (see 762 and 763)?
3) What does it mean on page 757 “The Big Bull was dead…” Look in the book and online to DEFINE EACH: BEAR vs BULL MARKETS???
4) What did President Hoover feel should be done for industry and self-reliance “at first”? Do you feel this is why the government intervenes so much today??? (page 770)
HINT: IF YOU DO THE READING THE ANSWERS WILL BE ONLINE:
BELOW ON THIS PAGE TODAY (!
BEGIN THE NEWEST ARTifacts: HELP IS Below!!
YES, he actually named the Dam he spent government
money on after himself! WONDER WHY HE
WAS KNOWN AS THE WORST PRESIDENT EVER!!!
TURN IN EVERYTHING TODAY!
BEGIN YOUR ARTifacts in PAPER (HELP IS BELOW ;-)
HERO SUPPORT IS BACK IN BUSINESS BELOW!
SUPPORT FOR OUR HISTORY HEROES OF US HISTORY!!
PROJECT INFO AND HELP IS BELOW!!!
1) What happened in October of 1929 that ended the “Roaring 1920’s”? Explain Black Tuesday and how this all took place!
The stock market crashed in October 1929. It was partially triggered by the British, who raised their interest rates in an effort to bring back capital lured abroad by American investments. The British needed money, and they were unable to trade with the United States due the high tariffs.
On "Black Tuesday" of October 29, 1929, millions of stocks were sold in a panic. By the end of 1929, two months after the initial crash, stockholders had lost $40 billion.
2) What were some of the RESULTS of this crash on families in the US? What is the era after the crash known as?
As a result of the crash, millions lost their jobs and thousands of banks closed. The United States was the hardest industrialized nation to be hit.
This crash led to the Great Depression.
3) What does it mean on page 757 “The Big Bull was dead…” Look in the book and online to DEFINE EACH: BEAR vs BULL MARKETS???
Bull Market:
A market in which share prices are rising, encouraging buying, the there is a positive feeling (VIX) in the market of GROWTH (
PEOPLE MAKING $$$
Bear Market:
There is fear (like a scared bear) and a negative feeling (VIX) where selling and a drop in value is taking place (
PEOPLE LOSING $$$
4) What did President Hoover feel should be done for industry and self-reliance “at first”? Did this lead to “Hoovervilles”?
In the beginning of the Great Depression, President Hoover believed that industry and self-reliance had made America great and that the government should play no role in the welfare of the people. He soon realized, however, that the welfare of the people in a nationwide catastrophe was a direct concern of the government.
5) With a partner discuss what Hoover did with banks and railroads and even the construction of a Dam in his name…The Hoover Dam!
YES, he actually named the Dam he spent government money on after himself! WONDER WHY HE WAS KNOWN AS THE WORST PRESIDENT EVER (until recently)!
Hoover developed a plan in which the government would help the railroads, banks, and rural credit corporations in the hope that if financial health was restored at the top of the economic pyramid, then unemployment would be relieved as the prosperity trickled
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-PROJECT INFO AND STEPS-
1-KEEP THESE BASIC AND JUST HAVE FUN WITH IT…
2-FOLD A SHEET OF PAPER AND MAKE SOMETHING FROM THE 1920’s.
3-IT’S EASY AND SOME MIGHT EVEN SAY…FUN (!
4-HANK YEOL LEE FROM SOUTH KOREA HAD FUN AND MADE A MODEL-T TRUCK
[pic]
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They say what goes up must come…???
Read this and respond at the start of class…
EXPLAIN IN 1 full PAGE MINIMUM…
Why did the stock market drop in 1929?
What were the causes of the Great Depression??
Are you worried this could/will happen again???
WHY? WHY NOT? WHAT ABOUT YOUR KID?
IF ON-TASK FOLLOWING ALONG = You may get a reduction (
[pic]
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CLICK TO REVEAL Questions
IN 5 MINUTES!
With support answers to be revealed IF we all are…
Silently reading 757-763
*Help is below if viewing at home (
[pic]
FINAL 8 MINUTES 1st SOUND CARTOON EVER!
1928 1st film ever with synchronized sound!!
START THE PROJECT DURING THIS CARTOON!!!
THIS WILL BE UNLOCKED…
“IF” YOU READ PAGES 758-762 1st!
HIDDEN REACTION REVEALED HERE (!
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HIDDEN QUESTIONS REVEALED (
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WE WILL FINISH THESE MONDAY (
Create something ICONIC from the 1910’s – 1920’s
[pic]
YES…he made it from 1 sheet of paper (!
Spray-painted at home…NOT IN CLASS (!
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