Thursday 1/29Thursday 1/29Note Check List: Note Check List:  GET THESE READY!!! GET THESE READY!!!

1. 1. ABC List 1/6

2. Ch. 11.1 Postwar Turmoil notes DUE 1/73. Ch. 11.2 notes on Republican Foreign Policy DUE 1/84. President notes Harding, Coolidge, and Hoover 1/75. Ch. 11.1, 11.2, 11.3 PPT notes need to be in your notes.6. Ch. 11.3 "Prosperity and American Business" notes 1/97. Ch. 11.4 The Changing nature of Work  -- PPT notes 1/128. Ch. 12 notes worksheet 9. Ch. 12.1 notes10. Ch. 12.2 PPT notes11. Ch. 12.3 PPT notes12. KKK video notes 1/2013. AZ 1920s notes14. National Origins Act notes --Thursday 1/29

PLEASE WORK ON STUDY GUIDE FOR TEST ON FRIDAY orPLEASE WORK ON STUDY GUIDE FOR TEST ON FRIDAY orWRITE ESSAY ON THE KKK, WHICH IS DUE Monday WRITE ESSAY ON THE KKK, WHICH IS DUE Monday

KKK ESSAYKKK ESSAY

1 .DESCRIBING THE RISE OF THE KKK INTO THE 1920S. (History)1 .DESCRIBING THE RISE OF THE KKK INTO THE 1920S. (History)

2. DESCRIBE THE ROLE OF THE KKK AND OTHER HATE GROUPS TODAY.2. DESCRIBE THE ROLE OF THE KKK AND OTHER HATE GROUPS TODAY.

3 .Explain what you can do to minimize discrimination in your community, town, country, etc.3 .Explain what you can do to minimize discrimination in your community, town, country, etc.

* 12 font * Double space *1inch margins---top, bottom, sides* 12 font * Double space *1inch margins---top, bottom, sides

*Title—creative *Give specific examples.  **** DUE FRIDAY! *Title—creative *Give specific examples.  **** DUE FRIDAY!

Friday 1/30Friday 1/30

RAPRAPHow did you study for the test?How did you study for the test?

– Explain.Explain.

Today:Today:Take test—UNIT 4Take test—UNIT 4Turn in RAP sheetTurn in RAP sheetRead and take notes on Ch. 13.1 DUE Read and take notes on Ch. 13.1 DUE Wednesday!!!Wednesday!!!

Ch. 13.1 “The Crash and its Aftermath” pg Ch. 13.1 “The Crash and its Aftermath” pg 418418 Vocabulary: stock, speculation, margin, depression, unemployment –as you read!!!Vocabulary: stock, speculation, margin, depression, unemployment –as you read!!!

Why did the Crash Occur?Why did the Crash Occur?– Stock Market SpeculationStock Market Speculation– Beginning of the endBeginning of the end– Onset of the DepressionOnset of the Depression

Causes of the Great DepressionCauses of the Great Depression– Farms and industriesFarms and industries– Wealth distributionWealth distribution– Monetary policyMonetary policy– Decline in foreign tradeDecline in foreign trade

Hoover’s ResponseHoover’s Response

1.1.

2.2.

3.3. Depression deepensDepression deepens Too little too lateToo little too late

– Bonus ArmyBonus Army– Election of 1932Election of 1932

Monday 2/2Monday 2/2RAPRAPHow did your essay turn out?How did your essay turn out?

– Were you stressed at all about writing it?Were you stressed at all about writing it? Explain.Explain.

Today:Today:Essay:Essay:

– Notes, rough draft, and final typed essayNotes, rough draft, and final typed essayAmerica the Story of Us – “BUST”America the Story of Us – “BUST”

– NotesNotesHW: Complete Ch. 13.1 notes by Wednesday. NO TIME ON HW: Complete Ch. 13.1 notes by Wednesday. NO TIME ON TUESDAY!!!TUESDAY!!!

Tuesday 2/3Tuesday 2/3 RAPRAP

– What would happen if 25% of the people in Tucson What would happen if 25% of the people in Tucson and the surrounding areas lost their jobs?and the surrounding areas lost their jobs?

– What if banks lost most people’s savings?What if banks lost most people’s savings?

Today:Today:– Read page 416 and look at picture on 417.Read page 416 and look at picture on 417.– Ch. 13.1 DUE tomorrow.Ch. 13.1 DUE tomorrow.– SWBAT describe causes of the Great Depression.SWBAT describe causes of the Great Depression.

Understand the issues Understand the issues

Factors leading toFactors leading to THE GREAT THE GREAT

DEPRESSIONDEPRESSIONEconomic CollapseEconomic Collapse

Objective: Describe causes of the Great Depression Objective: Describe causes of the Great Depression in 1920s and 1930s. in 1920s and 1930s.

Standards: Strand 1: U.S. History; Concept 8: Great Depression Standards: Strand 1: U.S. History; Concept 8: Great Depression and WWII; PO 1: Describe causes and consequences of the Great and WWII; PO 1: Describe causes and consequences of the Great Depression; a. economic causes of the Depression. (economic Depression; a. economic causes of the Depression. (economic policies of 1920s, investment patterns and stock market crash)policies of 1920s, investment patterns and stock market crash)

Great Depression: Pages 416-Great Depression: Pages 416-417417

In your notesIn your notes– After reading page 416, and analyzing the After reading page 416, and analyzing the

picture on page 417, how do you think picture on page 417, how do you think people would react to this information today?people would react to this information today? Be specific.Be specific.

Title your notesTitle your notes——

””Causes of the Great Causes of the Great DepressionDepression.” .”

- If you would like you can take If you would like you can take Cornell notes, power level notes or Cornell notes, power level notes or put in a spoke diagram.put in a spoke diagram.

- You will not have to take notes on You will not have to take notes on everythingeverything. I will let you know . I will let you know what is important. what is important.

REVIEW: Postwar Economic REVIEW: Postwar Economic BoomBoom Describe what you see here?Describe what you see here?

What message does the billboard send?What message does the billboard send? What irony is there in this photograph?What irony is there in this photograph?

Review: Economic Boom--Twenties Review: Economic Boom--Twenties ProsperityProsperity

Economic boom of the 1920s affected Economic boom of the 1920s affected society in several ways.society in several ways.– Americans were earning more money than Americans were earning more money than

ever.ever.– National income rose from $61 bil to $87 bilNational income rose from $61 bil to $87 bil– More money to spend on luxury items.More money to spend on luxury items.– Americans own over 23 million cars, ¾ of all Americans own over 23 million cars, ¾ of all

cars in the world.cars in the world.– Factories increased the number of goods Factories increased the number of goods

produced.produced.– By 1929 the U.S. stock market was at all time By 1929 the U.S. stock market was at all time

high.high.

Review:Review: Economic Boom Economic Boom Depression Depression ForeshadowedForeshadowed

By By late 1929late 1929– Unemployment was on the RiseUnemployment was on the Rise– Farmers were losing their land—over productionFarmers were losing their land—over production– Stock prices were droppingStock prices were dropping– Americans living in poverty was increasingAmericans living in poverty was increasing

The Stock Market crash did not cause the The Stock Market crash did not cause the 10 year long Great Depression. 10 year long Great Depression.

Historians agree on Historians agree on six factors-leading to six factors-leading to the depressionthe depression

1.1. Republican domestic and international economic Republican domestic and international economic policiespolicies

2.2. Unchecked stock speculationUnchecked stock speculation3.3. Weak and unregulated banking institutionsWeak and unregulated banking institutions4.4. Overproduction of goodsOverproduction of goods5.5. The decline of the farming industryThe decline of the farming industry6.6. Unequal distribution of wealthUnequal distribution of wealth

*Republican Economic Policies*Republican Economic Policies Who do you see here?Who do you see here? What is the mood of the photograph? What is the mood of the photograph? Do you think they are wealthy or poor?Do you think they are wealthy or poor?

Republican Economic Policies—**Domestic Republican Economic Policies—**Domestic PoliciesPolicies

President Calvin Coolidge and his President Calvin Coolidge and his administration implemented administration implemented pro pro business policiesbusiness policies..– Secretary of Treasury, Secretary of Treasury, Andrew MellonAndrew Mellon, ,

believedbelieved that economic policies that that economic policies that benefitted big business and America’s benefitted big business and America’s wealthiest citizens would eventually benefit all wealthiest citizens would eventually benefit all Americans, Americans, “trickle down economics.”“trickle down economics.” Slashed taxes for big businessesSlashed taxes for big businesses Reduced taxes for personal income over Reduced taxes for personal income over

$60,000 a year. (one corporation received a $60,000 a year. (one corporation received a $15 million refund.)$15 million refund.)

Mellon Mellon cut government expenditures and cut government expenditures and raised taxes for the middle and lower classes.raised taxes for the middle and lower classes.

Big businesses did not follow through by raising Big businesses did not follow through by raising wages, use of machines, etc.wages, use of machines, etc.

Republican Economic Policies—Republican Economic Policies—**Foreign policies**Foreign policies

After WWI, many war torn European After WWI, many war torn European countries could not repay the U.S.countries could not repay the U.S.– U.S. was asked to reduce debt or forgive, but U.S. was asked to reduce debt or forgive, but

Coolidge would not.Coolidge would not.– European nations fell deeper into debt.European nations fell deeper into debt.– Imposed Imposed high tariffs on imported goodshigh tariffs on imported goods

to discourage Americans from buying foreign to discourage Americans from buying foreign merchandise.merchandise.

*Stock speculation*Stock speculation What is this?What is this? Who would be interested in this?Who would be interested in this?

**Stock Market Speculation**Stock Market Speculation Speculators turned their focus on the Speculators turned their focus on the

stock market.stock market.– Investors believed that the stock market Investors believed that the stock market

would go up indefinitely and that companies’ would go up indefinitely and that companies’ profits would continue to increase.profits would continue to increase.

– They They bought large quantities and then turned bought large quantities and then turned around and sold the stock for a higher pricearound and sold the stock for a higher price, , and made a quick profit.and made a quick profit.

– Companies stock became artificially inflated Companies stock became artificially inflated and did not show companies actual worth. and did not show companies actual worth.

– Bought on margin- paying only a fraction of a Bought on margin- paying only a fraction of a stock’s dollar value.stock’s dollar value.

– President Hoover warned investors to curb President Hoover warned investors to curb their speculation.their speculation.

*Stock Market Crash & Banking Industry *Stock Market Crash & Banking Industry CollapseCollapse

What do you see here?What do you see here? Where do you think this picture was Where do you think this picture was

taken?taken? What are the people doing?What are the people doing?

**Stock Market Crash**Stock Market Crash 1929 Stock market crash-1929 Stock market crash-

– Analysts warned that the Analysts warned that the bull market (a market in bull market (a market in which prices are constantly rising)which prices are constantly rising) could not continue could not continue indefinitely.indefinitely.

– Investors began selling their stocks while they were Investors began selling their stocks while they were high.high.

– Stock prices then fell, companies slowed production, Stock prices then fell, companies slowed production, which led to price drops.which led to price drops.

– On On October 24, 1929,October 24, 1929, investors began to sell in an investors began to sell in an attempt to get rid of stocks.attempt to get rid of stocks.

– Stock prices plummetedStock prices plummeted..– J.P. Morgan attempted to stabilize the market by J.P. Morgan attempted to stabilize the market by

purchasing investors’ stocks.purchasing investors’ stocks.– On October 28, investors sold their stocks at a loss of On October 28, investors sold their stocks at a loss of

over $4 billion.over $4 billion.– **October 29, Black Tuesday, orders were to sell at **October 29, Black Tuesday, orders were to sell at

any priceany price..– By the end of October, the market was in ruins and the By the end of October, the market was in ruins and the

Great Depression had officially began.Great Depression had officially began.

**Collapse of the Banking **Collapse of the Banking IndustryIndustry

The The stock market crash triggered a stock market crash triggered a collapse of the banking industry.collapse of the banking industry.– Over extended to stock investors and brokersOver extended to stock investors and brokers

Republican policies of government of not Republican policies of government of not interfering or imposing regulations was interfering or imposing regulations was weak and not regularly enforced.weak and not regularly enforced.

Depositors money was not insured----Depositors money was not insured----Banks permitted investors to buy stocks Banks permitted investors to buy stocks on large margins of credit.on large margins of credit.

Banking CollapseBanking Collapse Families that played the stock Families that played the stock

market lost their savings.market lost their savings. Investors who had bought stocks on Investors who had bought stocks on

margin either could not sell their margin either could not sell their stocks at all, or were stocks at all, or were forced to sell forced to sell them at a low price.them at a low price.

Unemployment soaredUnemployment soared..

*Overproduction*Overproduction What do you see here?What do you see here? What are they doing?What are they doing?

Overproduction – Overproduction – **Industrial goods**Industrial goods

After WWI technological advances in After WWI technological advances in agriculture, electrical power transportation, agriculture, electrical power transportation, and factory production changed the way and factory production changed the way American people lived and worked.American people lived and worked.– Americans eagerly purchased material goods.Americans eagerly purchased material goods.– Advertisements enticed consumers.Advertisements enticed consumers.– Machines produced goods more quickly.Machines produced goods more quickly.– Industrialists expanded facilities and increased Industrialists expanded facilities and increased

production.production.– The market was saturated with goods.The market was saturated with goods.

Overproduction—Overproduction—**Agricultural goods**Agricultural goods

New technology helped New technology helped farmers farmers become more efficient and they become more efficient and they produced more goods.produced more goods.

Foreign demand for products fellForeign demand for products fell..

*Farming Industry*Farming Industry What do you see here?What do you see here? Why do you think there are no people in Why do you think there are no people in

the photo?the photo?

*Farming Industry*Farming Industry Farmers borrowed heavily from banksFarmers borrowed heavily from banks to to

pay for new equipment. Could not repay pay for new equipment. Could not repay banks.banks.

Farmers income dropped by 50 percentFarmers income dropped by 50 percent and property values decreased.and property values decreased.

Dust Bowl drove over one million people Dust Bowl drove over one million people from their farms between 1920 and 1934.from their farms between 1920 and 1934.– Farmers went to California for work.Farmers went to California for work.– Many lived in makeshift shacks.Many lived in makeshift shacks.

*Unequal Wealth *Unequal Wealth DistributionDistribution What do you see?What do you see?

How might their life be different than the How might their life be different than the waiter?waiter?

*Unequal distribution of *Unequal distribution of wealthwealth

Gap between rich and poorGap between rich and poor– Wealth remained in the hands of a fewWealth remained in the hands of a few– 60 percent of families lived on or below 60 percent of families lived on or below

the minimum subsistence level of $2,000 the minimum subsistence level of $2,000 a year.a year.

– Poor struggled to survivePoor struggled to survive– The wealth income rose 75 percent The wealth income rose 75 percent

compared to the poor of 9 percent.compared to the poor of 9 percent. Purchasing power lostPurchasing power lost

– People could not afford to purchase items.People could not afford to purchase items.

SummarySummaryThe Great DepressionThe Great Depression

The Great Depression, the worst The Great Depression, the worst depression of the twentieth century, depression of the twentieth century, lasted well into the 1930s. lasted well into the 1930s.

How does this compare to the How does this compare to the

problems we have faced in the last 9 problems we have faced in the last 9 years?years?

Hoover’s Response: pg. 422Hoover’s Response: pg. 4221.1. What action did Hoover take after the What action did Hoover take after the

stock market crashed?stock market crashed?1.1. Was this good enough? Why or why not?Was this good enough? Why or why not?

2.2. What was the RFC and who did it help?What was the RFC and who did it help?

3.3. What did the Emergency Relief Act do?What did the Emergency Relief Act do?1.1. Did these two acts help the country? Did these two acts help the country?

Explain.Explain.

ProtestsProtests

1.1. Who was the Bonus Army?Who was the Bonus Army?

2.2. Describe what happened to them?Describe what happened to them?

Finish reading Ch. 13.1 and Finish reading Ch. 13.1 and taking notes.taking notes.

If you have completed 13.1; please If you have completed 13.1; please skim through 13.2 and 13.3—skim through 13.2 and 13.3—– Look at pictures, graphs, maps, etc.Look at pictures, graphs, maps, etc.