Transcript File

Bellringer: Pick up your
binder
Unit 6 Test Analysis
Unit 7 Pre-Assessment
• Remember try your very best
• No blank answers – ITS OKAY TO BE
WRONG NOW
• No “I don’t know” or IDK’s
• Write answers on a separate sheet and
turn it in
• 30 MINUTES TO COMPLETE
Learning Targets
1.
2.
3.
4.
I can explain what the stock market is.
I can describe the economy of the 1920s.
I can define “economic depression.”
I can identify and explain the causes of the Great
Depression.
Great Depression
Occupation Activity
Characteristics of the 1920’s economy
A3 Seating Chart
1. CJ
2. Nick P.
3. Dion
4. Chris W.
5. Alyssa
6. Hanna S.
7. Arturo
8. Devon
9. Cozette
10. Nicole A.
11. Sean
12. Alix
13. Geion
14. Brandon
15. Bransen
16. Shondelle
17. Danielle
18. Nicole M.
19. Gabriella
20. Noemi
21. Camarie
22. Hannah G.
23. Jazlynn
24. Desiree
25. Arthur
26. Cameron
27. Chapman
28. Trey
29. Emily
30. Chalyssa
31.
32.
Computers –
Nequan
Bellringer- Answer first 2
1.Which of the following is
NOT considered a cause of the
Great Depression?
A. Overproduction
B. Stock speculation
C. Under consumption
D. foreign competition
2. When the Great Depression began
in 1929, the most common economic
belief supported by the Republican
Party was that
A. an increase in defense spending
would stimulate the economy
B. unemployed workers should
receive Federal unemployment
benefits
C. the government should assume
control of industry
D. the economy would recover on its
own
What is the stock market?
1 Share of Google is $1,156
dollars today
• At some point, just about
every company needs to
raise money, whether to
expand, build a factory,
or hire worker
• they have two choices:
• Borrow the money,
or
• Raise it from
investors by selling
them a stake
(issuing shares of
stock) in the
company.
• When you own a share
of stock, you are a part
owner in the company
(You have no say but
can make money if they
do)
• Popular stocks today:
• Toyota
• Apple
• Facebook
• PandG
The Great Depression
• An Economic crisis and period
of
– low productivity
– Drop in consumerism
– Problems with the stock market
– High unemployment
Yee Haw Game directions
1. Each pair begins with 5 points.
2. Before each round, you and your partner will decide among
these 3 options for earning points:
Hold Tight
Keep what you have
Play it Safe
Go for the Gold!
Potential for Modest Gains
Potential for Amazing Gains
3. For each round, check the box on your scoring sheet to indicate
which option you are choosing. This must be done before the die is
rolled and cannot be changed.
4. After the die is rolled, determine how many points you earned in
that round. If you “Go for the Gold!,” points earned are
determined by the number rolled. The higher the roll, the greater
the number of points.
5. After each round, compute and enter your point total in the
“Running Total” column.
Scoring- Round 1 and 2
Scoring- Round 3
Scoring- Round 4
Rounds
Hold Tight
Play it safe
Go for Gold!
1-3
0
+1
+2
+7
+3
+4
3
0
+1
+3
+8
+4
+5
+6 +7
4
0
+1
+4
+9
+5
+6
+7
+5
+6
+8
Scoring- Round 5
Rounds
Hold Tight
Play it safe
Go for Gold!
1-3
0
+1
+2
+7
+3
+4
3
0
+1
+3
+8
+4
+5
+6 +7
4
0
+1
+4
+9
+5
+6
+7
+8
5
0
+1
+2
+8
+3
+5
+7
+7
+5
+6
Scoring- Round 6
Rounds
Hold Tight
Play it safe
Go for Gold!
1-3
0
+1
+2
+7
+3
+4
3
0
+1
+3
+8
+4
+5
+6 +7
4
0
+1
+4
+9
+5
+6
+7
+8
5
0
+1
+2
+8
+3
+5
+7
+7
6
0
-10
-40
40
-40
-40
+5
-40
+6
-40 -
Scoring- Round 7
Rounds
Hold Tight
Play it safe
Go for Gold!
1-3
0
+1
+2
+7
+3
+4
3
0
+1
+3
+8
+4
+5
+6 +7
4
0
+1
+4
+9
+5
+6
+7
+8
5
0
+1
+2
+8
+3
+5
+7
+7
6
0
-10
-40
40
-40
-40
-40
7
0
-10
-40
40
-40
-40
-40 -40 -
+5
+6
-40 -
Discussion
• How did you feel when points were rising? When they
dropped dramatically?
• Which of the three game options produced the worst
results in the end?
• How many pairs decided to “Go for the Gold!”
sometime during the game?
• How does this show the risk of the stock market?
Great Depression Gallery Walk
• On each table are pictures and/or primary documents
from the Great Depression era in the United States
• At each poster analyze the image- you are looking for
the PROBLEMS IN SOCIETY during the Great
Depression
• Please be detailed in your responses
• Stay on task!
• 20 minutes to complete
Think-Pair-Share
1. Person who is the tallest goes first!
2. What is your favorite sport in the Winter
Olympics?
3. What problems in society did you find in
the images? Share at least 3. Do not
repeat your partners answer.
Causes of the Great Depression
Cause
1. Overspending with
Credit/ Installment
Plan
• People had too
much DEBT
• Companies weren’t
actually getting paid
for their products
Problem in society= Effect
Causes of the Great Depression
Cause
2. Over production in
industry and agriculture
• Farmers were
producing too much
• Factories were
producing too much
• Too much supply =
drop in price
Problem in Society=
Effect
Causes of the Great Depression
Cause
3. Marginal
Buying on the
stock market
Jane buys a share in a company for
$100, using $20 of her own money,
and $80 borrowed from her broker.
The net value (share - loan) is $20.
Suppose the share goes down to $80.
The net value is now $0 and Jane will
either have to sell the share or repay
part of the loan
Problem in Society=
Effect
Bellringer
The Dust Bowl experiences of the Oklahoma farmers
during the Great Depression demonstrated the
A. effect of geography on people’s lives
B. success of government farm subsidies
C. limitation of civil liberties during times of crisis
D. result of the Indian Removal Act
Causes of the Great Depression
CAUSES
4. Bank Runs: a financial
crisis in which hundreds of
customers simultaneously
attempt to withdraw their
money from a bank out of fear
the bank will close and their
money will be lost
• Banks were loaning out the
money that customers were
depositing
PROBLEM/EFFECT
Causes of the Great Depression
Cause
5. Stock Market Crash
 October 29, 1929
 “Black Tuesday”
 13 million dollars
vanish from the
economy
Problem
Causes of the Great Depression
Cause
6. Dust Bowl: an area of
the Great Plains of the
U.S. that suffered
severely from wind
erosion during the 1930’s
Causes:
1.Overfarming (economic)
2. Drought (environmental)
3. Wind storms (environmental)
Problem
Matching Activity
• Using your list of problems that you compiled when
looking at the images
• Match the problems to it’s cause
• Work with your A/B partner
Important Note
• All of these factors together made what started as just
a recession turn into the worst economic depression
the United States has ever experienced.
Exit Slip
• Improve answers to questions 1-4 on your PreAssessment
• Remember be detailed! Show as much as you know
about the topic!
• Turn in when answers are improved
• If finished before the bell rings work on your
homework or help me pass out papers