PPT-HL "WHATDUNIT?" The Great Depression Mystery

Intro One of the great mysteries of the 20th century is how the US economy could have gone from a state of unprecedented prosperity in the 1920s to one of unprecedented failure in the 1930s In the 1920s jobs were plentiful the economy was growing and the standard of living was rising . 1928-1932. Section 1. Causes of the Depression. Prosperity Hides Troubles. Optimism Sweeps Hoover to Victory. In the 1920’s the U.S. economy was booming. Herbert Hoover . – an accomplished public servant – to run for the White House. Mystery: 1:00 pm $55 per person for Lunch & Mystery (Coffee, Tea, HST & Gratuity included) Discounts available for Seniors / Students / Groups January 19 February 2May 4 & May 18July 13change withou US History: Spiconardi. Hard Times for Americans. Hardships Americans Faced. Unemployment. Unemployment rate sky rockets from 3% in 1929 to 25% in 1933. Hard Times for Americans. Family Life. Many fathers left families to find work elsewhere. As . the Great Depression escalated into a national . crisis. , . American citizens looked to President Herbert Hoover for a . federal. . response. . Hoover was hailed by many as the “Great Humanitarian” and a wonder worker who could find a solution to their problems. However, Hoover was firmly entrenched in “laissez faire” ideology which would greatly limit his initial response to the Great Depression. . Lesson 2 . Americans Suffer. Learning Objectives. Examine the spread of unemployment in America’s cities.. Analyze the effects of the Great Depression on farmers.. Analyze the impact of human and geographical factors that created the Dust Bowl.. 27. Previously. The AD-AS model is a simplified view of the economy that helps us evaluate short-term fluctuations in real GDP and unemployment. The AD-AS model helps us understand the macroeconomic impacts of real-world changes and gives us an important tool to use in government policy analysis. Causes. Essential Question- What were the causes of the Great Depression?. Words of the day: . Depression-. long term downturn in economic activity. Tariff-. a tax on imports or exports paid by the seller, not the buyer. SS8H8b. Explain economic factors that resulted in the Great Depression.. Standards. The Great Depression. Economies go through highs and lows. Extreme lows are called “. depressions. ”. During a depression, unemployment is high and people have little money to spend. Businesses fail.. Lesson 2 . Americans Suffer. Learning Objectives. Examine the spread of unemployment in America’s cities.. Analyze the effects of the Great Depression on farmers.. Analyze the impact of human and geographical factors that created the Dust Bowl.. Standards. SSUSH17 The student will analyze the causes and consequences of the Great Depression. . a. Describe the causes, including overproduction, . underconsumption. , and stock market speculation that led to the stock market crash of 1929 and the Great Depression. . Hard Times. Hoover’s Policies. What is most money spent on during the 1920s?. What is the economic boom based on in the 1920s?. How did one man’s actions affect the condition of banks in 1928?. What affect does the stock market crash have on employment?. The Economic Record . of . the Great Depression. Conditions During the Great . Depression. Large reductions in output. Soaring unemployment. Farm and home foreclosures. Bank failures. Human suffering. 1 “The Mystery” The Mystery 2 Here is the first post of the “Revelation of the Mystery” Bible study series. “ The Revelation of the Mystery ”, what is it, is it Biblical, is it important? What God calls “The Revelation of the Mystery” in Holy scripture may be novel to some as Christendom generally speaking does not use that term. We will learn from the Bible The Great Depression hits. Hoover elected President in 1928. “predicts the end of poverty”. Warning signs of Depression. Buying stock on . Speculation. Buying on Margin. Stock prices are inflated.