Great Depression

What was most of the prosperity of the 1920s based upon p 468 easy credit

Since interest rates were low what was easy? to borrow money

Who are ordinary people? (you'll have to think about this, it's not in the book) poor people, middle class.

What did people start buying? new homes, cars appliances

How did they pay for these things?  making small monthly installments

Great Depression:

1. Stock Market Crashed.  Investors lost 30 billion in weeks. Factories closed because people stopped buying.

2.  By 1932 1/4 of people were unemployed.

3.  FDR started the New Deal.  A program that put people back to work.

4.  Effects of the Great Depression: 1.  Depression soon spread world wide., 2. Many began to accept socialistic propaganda of Mussolini and Hitler.

Watch 5.5 min video on the New Deal:

Watch FDR2  8 min video:

Photo Credits:

Easy Credit: http://www.sardislake.com/assets/images/EasyCreditArt.eps.gif

Cards : http://su.wfu.edu/assets/credit%20cards.jpg

Mussolini Hitler: http://upload.wikimedia.org/wikipedia/en/thumb/3/3c/Mussolini_hitler.jpg/200px-Mussolini_hitler.jpg

Lesson Objectives

Students will learn

OBJECTIVES: Students will be able to:

1. list

2. explain the difference between

3. describe the

4. chart on a map the

5. define the terms

6. Explain the significance of

Knowledge: Recall of data.

Comprehension: Understand the meaning, translation, interpolation, and interpretation of instructions and problems. State a problem in one's own words.

Application:
Use a concept in a new situation or unprompted use of an abstraction. Applies what was learned in the classroom into novel situations in the workplace.

Analysis:
Separates material or concepts into component parts so that its organizational structure may be understood. Distinguishes between facts and inferences. 

Synthesis:
Builds a structure or pattern from diverse elements. Put parts together to form a whole, with emphasis on creating a new meaning or structure.

Evaluation:
Make judgments about the value of ideas or materials.