2.1 Prosperity and crisis in the United States (2)

• Geschiedenis
• Middelbare school
• vwo
• Leerjaar 3

For today

Crisis!

Goals

• In this paragraph you will learn how prosperity formed in the US.
  
• In this paragraph you will learn how the global economic crisis formed.
  
• In this paragraph you will learn how the crisis was fought.
  
• In this paragraph you will learn how the economy influenced culture.
  
• Characteristic aspect: the global economic crisis.

HW

Read 2.1 Prosperity in the 1920s

Make assignments 1, 2 and support 1.

Roaring Twenties

What did these Roaring Twenties look like again?

Hoover: No more poverty!

Crisis in the 1930s

• Due to economic growth, there was a tremendously high level of optimism about the economy.
• This optimism and growth reached a turning point on October 24, 1929
• --> stock market crash caused an economic crisis (depression). 
• Thousands of banks, businesses and farmers went bankrupt and millions of people became unemployed.

Crisis in the 1930s

• The global economy caused the crisis to spread around the world.
• The stock market crash was the direct cause of the crisis.
• Indirect causes were overproduction in agriculture and industry and buying on credit (loan).

What am I?

Get to work!

Read 2.1 Crisis in the 1930s

Make assignments 3 en support 2

Done?

Start making a summary for the test!

Goals

• In this paragraph you will learn how prosperity formed in the US.
• In this paragraph you will learn how the global economic crisis formed.
• In this paragraph you will learn how the crisis was fought.
• In this paragraph you will learn how the economy influenced culture.
• Characteristic aspect: the global economic crisis.