Research Project
Conduct a small research project in class to determine the CAUSES/EFFECTS of the Great Depression. Who were the key players? What are essential questions? What are significant terms to know? What other research should be done about the Great Depression?
Relate the Great Depression to the recent Recession in American Society. How are the two similar and/or different?
Great Depression: Cause and Effect
Beginning in 1929 and ending in 1939, the Great Depression spanned 10 years. The Great Depression was the longest economic failure in the history of Western industrialized world. It started with the stock market crash in October 1929, in which millions of investors were wiped out. Investment and consumer spending dropped over the next several years. The Great Depression left millions of people unemployed and caused steep declines in industrial output. Roughly 13 million to 15 million people were left unemployed in America and almost half of America's banks failed by 1933. With help from President Roosevelt, the economy went back to normal in 1939 because of World War II, which made a boost in American industry.
Key Players
Franklin D. Roosevelt
Fritz Kuhn
Charles Coughlin
Huey P. Long
Eleanor Roosevelt
Lorena Hickok
Francis Townsend
Essential Questions:
What impact did the New Deal have on arts and letters in the 1930s?
What underlying issues and conditions led to the Great Depression?
What economic conditions led to the stock market crash of 1929?
How did Franklin D. Roosevelt change the role of the presidency in American history?
Why did the New Deal seek to solve the problems of the Depression through public works, rather than the dole?
How did president Roosevelt respond to the Great Depression?
What was the goal of Franklin D. Roosevelt's bank holiday?
What was the goal of the NRA?
How did the FDIC protect bank depositors?
Why did Franklin D. Roosevelt try to increase the size of the Supreme Court?
How were Roosevelt's policies different from Hoovers?
In what ways is the Tennessee Valley Authority a typical example of Roosevelt new deal?
Terms to Know
Overproduction: situation in which the supply of manufactured goods exceeds the demand
Bankruptcy: financial failure caused by an inability to pay one's debts
Pension: sum of money paid regularly as a retirement benefit
Payroll tax money: the money is authorized to remove from a workers salary and used to support the government
Collective bargaining: negotiation between a company management and a union representing a group of workers about wages, benefits and working conditions
Default: failure to pay loans
Bonus: additional sum of money
Compare and Contrast:
Conduct a small research project in class to determine the CAUSES/EFFECTS of the Great Depression. Who were the key players? What are essential questions? What are significant terms to know? What other research should be done about the Great Depression?
Relate the Great Depression to the recent Recession in American Society. How are the two similar and/or different?
Great Depression: Cause and Effect
Beginning in 1929 and ending in 1939, the Great Depression spanned 10 years. The Great Depression was the longest economic failure in the history of Western industrialized world. It started with the stock market crash in October 1929, in which millions of investors were wiped out. Investment and consumer spending dropped over the next several years. The Great Depression left millions of people unemployed and caused steep declines in industrial output. Roughly 13 million to 15 million people were left unemployed in America and almost half of America's banks failed by 1933. With help from President Roosevelt, the economy went back to normal in 1939 because of World War II, which made a boost in American industry.
Key Players
Franklin D. Roosevelt
Fritz Kuhn
Charles Coughlin
Huey P. Long
Eleanor Roosevelt
Lorena Hickok
Francis Townsend
Essential Questions:
What impact did the New Deal have on arts and letters in the 1930s?
What underlying issues and conditions led to the Great Depression?
What economic conditions led to the stock market crash of 1929?
How did Franklin D. Roosevelt change the role of the presidency in American history?
Why did the New Deal seek to solve the problems of the Depression through public works, rather than the dole?
How did president Roosevelt respond to the Great Depression?
What was the goal of Franklin D. Roosevelt's bank holiday?
What was the goal of the NRA?
How did the FDIC protect bank depositors?
Why did Franklin D. Roosevelt try to increase the size of the Supreme Court?
How were Roosevelt's policies different from Hoovers?
In what ways is the Tennessee Valley Authority a typical example of Roosevelt new deal?
Terms to Know
Overproduction: situation in which the supply of manufactured goods exceeds the demand
Bankruptcy: financial failure caused by an inability to pay one's debts
Pension: sum of money paid regularly as a retirement benefit
Payroll tax money: the money is authorized to remove from a workers salary and used to support the government
Collective bargaining: negotiation between a company management and a union representing a group of workers about wages, benefits and working conditions
Default: failure to pay loans
Bonus: additional sum of money
Compare and Contrast:
Great Depression
The Great Depression, lasting from 1929 until 1939, was the deepest and longest-lasting economic decline in the history of the industrialized world. In the United States, the Great Depression began when the stock market crashed in October of 1929, which wiped out millions of investors. Over the next several years, consumer spending and investment dropped, raising levels of unemployment as failing companies laid off workers. By 1933, 13 to 15 million Americans were unemployed and nearly half of the country's banks had failed. The acting president, Franklin D. Roosevelt, helped lessen the worst effects of the Great Depression in the 1930s,but the economy did not fully turn around until after 1939, when World War II provided industrial jobs, and slowly increased that employment rate. |
Today's Recession
By definition, recession is the decline in activity across an economy. The U.S. went into recession around 2008 and 2009. As a result of a wide-spread recession, the economies of nearly all of the world's nations suffered extreme set-backs and numerous policies were used to help prevent a similar future financial crisis. Today, our government is in deep debt, and the unemployment rate is high. |