Slide 1

UNIT 7: ROARING TWENTIES AND THE GREAT DEPRESSION

Slide 2

DAY 1: HARDING, NATIVISM, CONSUMERISM

Slide 3

DO NOW

Slide 4

LOOKING FORWARD

Slide 5

People wanted a return to the security they felt before WWI Warren G. Harding A return to normalcy ELECTION OF 1920

Slide 6

Normalcy = an idealized version of the way things are, or the way things should be In groups of 2-3, act out a scene of normalcy Family Life Womens Rights Education Transportation Now, in groups of 2-3, act out the same scene, but as reality WHAT IS NORMALCY?

Slide 7

1920S STATIONS

Slide 8

DAY 2

Slide 9

What do you know about the Harlem Renaissance? Tweet your answer @ms_keale Write it down on a post-it note and post it on the white board DO NOW

Slide 10

Harlem Renaissance work over break (Ill explain later!) LOOKING FORWARD

Slide 11

Russian Revolution Monarch replaced by a republican (Republican = communist) Communism: political and economic philosophy in which the government owns all property and individual rights mean very little Red Scare Anarchists attempt to assassinated Attorney General Palmer Palmer Raids: suspected communists are arrested and jailed Sacco and Vanzetti: convicted and executed RED SCARE

Slide 12

Nativism: opposition to immigration Immigration quotas (limitations) designed to allow more immigrants from Western Europe than Eastern Europe Ku Klux Klan Redeveloped out of fear of communism and mistrust of immigration Expanded to attack Jews, Catholics and immigrants Lynchings, violence RED SCARE

Slide 13

African-Americans moving North Goal: jobs, economic equality White response: Racism (KKK) White Flight (migration) Race Riots (YouTube) GREAT MIGRATION

Slide 14

1919-1930s African American pride and awareness First time African American intellectuals wrote works portraying the daily lives of working class African Americans Langston Hughes, Zora Neal Hurston HARLEM RENAISSANCE

Slide 15

You have just been transplanted back in time to the Harlem Renaissance Your Twitter followers want to know what it is like Use the remainder of this class period to work on your project, its due on the Monday we return! TWITTER PROJECT

Slide 16

REVIEW DAY

Slide 17

DO NOW

Slide 18

LOOKING FORWARD

Slide 19

Round 1: Taboo Describe the vocab term on your card using any words, sounds or hand motions EXCEPT the words on your card Round 2: Charades Describe the vocab term on your card using hand motions or body language. You may not make any sounds. Round 3: Password Describe the vocab term on your card using one word FISHBOWL

Slide 20

Consumer society Red Scare: period of time when Americans feared a communist takeover Palmer Raids: suspected communists and subversives were arrested and jailed Sacco and Vanzetti Nativism: opposition to immigration Quotas: limitations on the number of immigrants that could enter the US annually from different parts of the world Ku Klux Klan Prohibition: a national ban on the sale and consumption of alcohol Bootleggers, mobsters, gangsters (Al Capone) RECAP: THE 1920S

Slide 21

With a partner, race to complete all of the stations You do not need to complete the stations in order You must get your answer checked after every station When you have finished the stations, work on your homework! AMAZING RACE

Slide 22

STATION 1

Slide 23

STATION 2

Slide 24

STATION 3

Slide 25

STATION 4

Slide 26

STATION 5

Slide 27

STATION 6

Slide 28

STATION 7

Slide 29

DAY 3

Slide 30

Put your homework on your desk (do NOT email it to me) Add something to THIS KWL chart that you know about the Great Depression (either from prior knowledge OR your reading last night) or want to know about the Great Depression DO NOW KNOWWANT TO KNOWLEARNED

Slide 31

Tonights Homework: Chapter 22.2 Main Idea Questions 1920s & Great Depression QUIZ on FRIDAY LOOKING FORWARD

Slide 32

President Calvin Coolidge: the government should not interfere with the growth of business (laissez-faire economics) Stock Market: Speculation: high-risk investments in the hopes of making money Buying on margin: purchasing stocks for a portion of what they cost (10%) Technology Mechanization = mass production Manufacturers flood the markets with products = cheap goods! PROSPEROUS 1920S

Slide 33

OVERPRODUCTION! Agricultural prices drop drastically President Coolidge refuses to help (says it is unconstitutional) PREDICT: What is going to happen to farmers in the 1930s? FARMERS IN THE 1920S

Slide 34

Today were going to complete a simulation in which youll have the opportunity to make decisions that will cause you to succeed or fail at the Stock Market Every person should have: 4 $100s 1 $50 5 $10 Step 1: Read the Stock Prospectus Step 2: Begin to buy stocks from the Stock Brokers Consider: How will you make the most money? Consider: How will you lose the least amount of money? Suggestion: Buy low, sell high! STOCK MARKET GAME

Slide 35

Each share is worth $10 To purchase a stock certificate, you need to purchase 10 shares ($100) Everyone must purchase something each round When the market is closed, you may purchase/trade with each other, but may not trade with the stock brokers START

Slide 36

CompanySituationNew Stock Price Per Share KrogerPurchases a West Coast food chain$12 Radio CorporationNew model released with built-in antenna$13 Mammoth Oil9 wells begin producing in Wyoming Field$14 Gotham BankBank declares a 6% dividend$11 Durant MotorsFails to make payment on notes to the Gotham Bank $7 Midland UtilitiesMidland extends services into Michigan and Wisconsin $13 Kansas PacificK&P will pay no dividends this year because of expansion into the Southwest $9 Tel-ToneDial telephones will be installed in parts of New York City $15 1920

Slide 37

1922 CompanySituationNew Stock Price Per Share KrogerMerger with large Eastern chain of stores$15 Radio Corporation 15 patents are purchased from the Edisons company$14 Mammoth OilLargest oil field in America may be located under Mamouth Oil Lease in Tea Pot Dome, Wyoming $19 Gotham BankStock price remains the same$11 Durant MotorsLocomobile sales are depressed because of competition from Ford Motor Company $5 Midland Utilities Insulls financial manipulation allows Midland to take control of Commonwealth Edison $19 Kansas PacificProfits rise as agricultural shipments from the southwest begin $10 Tel-ToneNew York Stock Exchange announces that Tel-Tone has shown the greatest increase of any stock listed on the exchange $22

Slide 38

CRISIS: PRESIDENT HARDING CompanyNew Stock Price Per Share Kroger$13 Radio Corporation$13 Mammouth Oil$16 Gotham Bank$10 Durant Motors$4 Midland Utilities$19 Kansas Pacific$9 Tel-Tone$19 President Harding is suffering from a coronary seizure and may have pneumonia. He is reported to be dying. The Stock Market will be closed for 2 minutes for new postings

Slide 39

1925 CompanySituationNew Stock Price Per Share KrogerCorn blight on Kroger farms causes 90% loss of crop$12 Radio Corporation Speculation on new patent causes rise in stock prices$15 Mammoth OilJapanese offer to buy the total production of Elk Hills$21 Gotham BankFrench government announces that they will begin to pay their World War I war debts to U.S. banks $12 Durant MotorsThe DuPont family begins to buy large blocks of Durant Motors stock $7 Midland Utilities Insull fears Cyrus Eaton of Cleveland may be trying to take over Midland by purchasing large quantities of stock $22 Kansas PacificSpeculation on increased profits from holdings in Mexico causes stock price to rise $11 Tel-ToneAnnounces completion of successful merger. Speculation on the Market continues $24

Slide 40

1927 CompanySituationNew Stock Price Per Share KrogerSpeculation that Purity Markets are buying Kroger for an attempted take over $14 Radio Corporation Rumored merger with the Edison Company causes stock to rise $17 Mammoth Oil Congressional committee begins an investigation of the Mammoth Oil leases. Possible fraud. $13 Gotham Bank Bank stock remains unchanged$12 Durant Motors Louis Chevrolet is hired to design an inexpensive automobile$10 Midland Utilities Cyrus Eaton begins dumping large blocks of Midland stock on a depressed market $18 Kansas Pacific Drought in the Southwest and depressed farm prices cause profits of K&P to fall $10 Tel-ToneDrop of two points caused by J.P. Morgan selling 200,000 shares. Brokers see only temporary setback $22

Slide 41

1928 CompanySituationNew Stock Price Per Share KrogerFood prices are depressed because of agricultural surpluses$13 Radio Corporation Merger with the Edison Company falls through when Radio Corporation pays no dividends $14 Mammoth Oil Harry Sinclair is called before Congressional Committee. Secretary of the Interior Fall is indicted for fraudulent oil leases $7 Gotham Bank Announces profits have increased 5% over the last quarter$13 Durant Motors Durant Motors and Fisher Body have announced a merger. New corporation will be called General Motors $13 Midland Utilities Reports in the Chicago Tribune disclose Insulls Company is a House of Cards ready to crumble $14 Kansas Pacific New oil fields in Oklahoma cause a new boom along along Kansas Pacific track $12 Tel-ToneFails to rise as predicted. Brokers are unable to explain the downward trend $17

Slide 42

OCTOBER 23, 1929 The market slipped today as the government announced that home construction, an indicator of prosperity, was at an all-time low. The Federal Reserve Board also announced that a change in the prime interest rate would take place in the near future; speculation on the stock market is getting out of hand. It is rumored that the House of Morgan intends to sell 12 million shares of common stock at a loss, before interest rates change. The Gotham Bank announced that margin buyers of stock are being notified that they must put up more money to cover todays losses. The Stock Market will be closed for 5 minutes.

Slide 43

OCTOBER 24, 1929 (BLACK THURSDAY) Stock brokers must buy back all of the stocks CompanyNew Stock Price Per Share Kroger$8 Radio Corporation$4 Mammouth Oil$2 Gotham Bank$12 Durant Motors$12 Midland Utilities$3 Kansas Pacific$8 Tel-Tone$6

Slide 44

Did you have a system for what would make you money, or lose you money? Did you start with the same amount of money with which you ended the game? Did anyone sell out before the crash? REFLECTION

Slide 45

President Herbert Hoover: opposes government interference in business October 29, 1929 (Black Tuesday): Stock Market crash Prices drop drastically Buying on speculation or the margin = lose everything Financial ruin Beginning of the Great Depression THE BEGINNINGS OF THE GREAT DEPRESSION

Slide 46

Write one paragraph Could the Great Depression have been avoided? Why or why not? EXIT TICKET

Slide 47

DAY 4

Slide 48

Rich or poor, most Americans have possessions and take for granted the hundreds of big and little conveniences that having a home gives them Imagine NOT having a home and having a limit in your possessions. You can only own what you can carry with you. What five things would you take with you if you had to migrate on a daily basis? Why? DO NOW

Slide 49

1920s and Great Depression Quiz on FRIDAY StudyBlue terms are now up! (Paper copies available) Tonights Homework: Chapter 22.3 Main Idea Questions LOOKING FORWARD

Slide 50

1.Stock Market Crash of 1929 Two months after the crash, stockholders had lost $40 billion 2.Bank Failures Over 9,000 banks failed (people lose all their savings) Banks refuse to issue new loans 3.Reduction in Purchasing Across the Board Consumerist society ends Unemployment rises to above 25% 4.American Economic Policy with Europe Smoot-Hawley Tariff: high tax for imports 5.Drought Conditions The Dust Bowl ROOT CAUSES OF THE GREAT DEPRESSION

Slide 51

Homelessness Soup kitchens and breadlines Hoovervilles LIVING CONDITIONS DURING THE GREAT DEPRESSION

Slide 52

Step 1: Watch America the Story of Us: Bust from 20:00- 26:00 Step 2: Complete the questions OR take notes on the video independently OVERALL QUESTION: What caused the Dust Bowl? What did the Dust Bowl cause? THE DUSTBOWL

Slide 53

Open 7.GreatDepression.PoliticalCartoons in the Unit 7 folder on Edmodo (use Safari NOT the App) With a partner (or independently), complete the worksheet Check your answers with a classmate before emailing me your completed document POLITICAL CARTOON ANALYSIS

Slide 54

Slide 55

DAY 5

Slide 56

DO NOW

Slide 57

LOOKING FORWARD

Slide 58

Unemployment rate: 25% Bonus Army march: wanted early payment of a promised bonus Dust Bowl drought High homelessness (Okies and bums): migration to California Effect on communities: Undernourishment Teachers work for free Low birthrate Single parent families LIVING CONDITIONS DURING THE GREAT DEPRESSION

Slide 59

Herbert Hoover Rugged individualism Laissez-faire economics Franklin Delano Roosevelt New Deal : series of direct relief and recovery measures Deficit spending: government spending of borrowed money Fireside chats: effectively used radio to his advantage VERY controversial DIFFERING RESPONSES

Slide 60

Todays Checklist: Read Chapter 7.3 of the red EOC book on the New Deal and answer the guiding questions in your notes Complete the Study Island assignment April 11, 2013 until you have 70% accuracy! Use StudyBlue or your notes to study for tomorrows quiz SELF-DIRECTED LEARNING