whenever richard cory went down town, we people on the pavement looked at him: he was a gentleman...

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Richard Cory by Edwin Arlington Robinson Whenever 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. How does this fit the 1920’s? Have you ever wanted to trade lives with someone?

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Page 1: Whenever 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

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?

Page 2: Whenever 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

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?

Page 3: Whenever 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

Write about what this picture tells you about the 1930’s.

Page 4: Whenever 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

Explain dominoes and how it relates to yesterday’s activity.

What was the domino effect after the 1929 Stock Market Crash?

Page 5: Whenever 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
Page 6: Whenever 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

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

Page 7: Whenever 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

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

Page 8: Whenever 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

Great Depression: Effects

• Products with no markets•Bank Crisis•Business Crisis•Unemployment

Page 9: Whenever 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

HOMEWORK:How many stock market

crashes have there been?

17

Page 10: Whenever 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

Timeline Activity

Page 11: Whenever 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

Do Now

• Take out a piece of paper• List the Causes and Effects of the

Great Depression

Page 13: Whenever 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

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

Page 14: Whenever 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

UnemploymentOutstanding credit abuseProduct SalesBankruptcy ratesHousing and Banking markets

•List some economic signs to determine a coming “crash” and depression.

Page 15: Whenever 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

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.

Page 16: Whenever 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

•When you are done with the timeline, you will create skits to demonstrate the causes and effects of the Stock Market Crash.

SKITS ! ! !

Page 17: Whenever 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

Have you heard of people keeping their money “under the mattress?”