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Richard Cory by Edwin Arlington RobinsonWhenever Richard Cory went down town,We people on the pavement looked at him:He was a gentleman from sole to crown,Clean favored, and imperially slim.
And he was always quietly arrayed,And he was always human when he talked; But still he fluttered pulses when he said,'Good-morning,' and he glittered when he walked.
And he was rich - yes, richer than a king -And admirably schooled in every grace:In fine, we thought that he was everythingTo make us wish that we were in his place.
• How does this fit the 1920’s?
• Have you ever wanted to trade lives with someone?
• Do you admire Mr. Cory?
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So on we worked, and waited for the light,And went without the meat, and cursed the bread; And Richard Cory, one calm summer night,Went home and put a bullet through his head.
How does this possibly represent the 1930’s?
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Write about what this picture tells you about the 1930’s.
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Explain dominoes and how it relates to yesterday’s activity.
What was the domino effect after the 1929 Stock Market Crash?
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The Great Depression
The Stock Marke
t Crash
es EffectsCauses
• Stock
s on th
e
rise
• Borrow m
oney
to b
uy
• Stock
s sta
rt
dropping
• Sell, se
ll, se
ll
•Can
’t pa
y ba
ck lo
ans
•Ban
ks lo
se $
•Pe
ople
with
draw
mon
ey
•Ban
ks ru
n ou
t of m
oney
and
close
•Bus
ines
ses l
ose
saving
s
•Bus
ines
ses c
lose
•Pe
ople
lose
jobs
•Can
’t bu
y pr
oduc
ts
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Great Depression: Causes
•Crash – More people wanted to sell stocks, with little or no buyers•Overproduction of goods ***•Uneven distribution of wealth•Buying on Margin•Declining world trade
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Great Depression: Effects
• Products with no markets•Bank Crisis•Business Crisis•Unemployment
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HOMEWORK:How many stock market
crashes have there been?
17
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Timeline Activity
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Do Now
• Take out a piece of paper• List the Causes and Effects of the
Great Depression
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Blame it on Hoover
• He did not believe in providing direct relief to Americans
• Hoover flags = empty pockets• RFC (Reconstruction Finance Corporation) – aid
some businesses
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UnemploymentOutstanding credit abuseProduct SalesBankruptcy ratesHousing and Banking markets
•List some economic signs to determine a coming “crash” and depression.
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What you NEED to learn…
One thing that history teaches its students who will listen is that history repeats itself, and it dooms those who refuse to learn the lessons of history. There have been market crashes and bear markets before and there will be market crashes and bear markets in the future. Quite simply, it is just the cycle of things.
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•When you are done with the timeline, you will create skits to demonstrate the causes and effects of the Stock Market Crash.
SKITS ! ! !
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Have you heard of people keeping their money “under the mattress?”