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The Great Depression

The Great Depression

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The Great Depression

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  1. The Great Depression 4/7 Warm Up: When was the Great Depression and what was it?

  2. The Great Depression October 29, 1929 Definition: The severe economic slump that followed the collapse of the global stock market in 1929 and the after effects of World War I.

  3. Terms you should know… • Depression: A period of low economic activity and rising unemployment • Stock: Share of a particular company or corporation • Dividend: Money you make or lose from owning stock. • Panic: A sudden widespread fright concerning financial affairs causing hurried selling and a sharp fall in prices

  4. The Great Depression • The 1920s were mainly a good decade; the world was recovering from war and life was good. Spending was high; JAZZ Flappers

  5. Pretend you live in the 1920s, and receive some money to buy stock in some of the big businesses of the time. These are the companies you can choose from: Ford Motor Company (Model-T) Coca-Cola General Motors Corporation United Fruit Company (produce) Westinghouse (electric company) U.S. Steel A&P Groceries J. Walter Thompson Agency (beauty supplies)

  6. Now select a company and write down the name and how much stock you start off with.For example: If I buy Coca-Cola- I have just spent $25 for one stock.

  7. Tracking your stock- how much have you made? Write the year and add or subtract your dividend to your stock price from 1921.

  8. Tracking your stock- now how much have you made? Write the year and add/subtract your dividend to you stock price.

  9. Tracking your stock- now how much have you made? Write the year and add/subtract your dividend to you stock price.

  10. Tracking your stock- now how much have you made? Write the year and add/subtract your dividend to you stock price.

  11. How much did you end up losing?

  12. “Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.”

  13. The Great Depression • In 1929, a plateau of high prices and spending cause the stock markets around the world crash…

  14. The Great Depression • People panicked and it looked like governments were losing control Germany USA

  15. Great Depression Gallery Walk Evaluate the different primary sources to make inferences about the depression. Write in complete sentences Work only independently or in a pair (however each completing your individual work) No horseplaying; be productive. When you are finished go back to your seat.