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The Crash of 1929 - Biography: Tom McCormick

Classroom Resource Information

Title:

The Crash of 1929 - Biography: Tom McCormick

URL:

https://aptv.pbslearningmedia.org/resource/arct14.soc.amexcramcc/the-crash-of-1929-biography-tom-mccormick/

Content Source:

PBS

Type:

Interactive/Game

Overview:

Learn about speakeasies and stock trading in Manhattan before the market crashed, with this primary source from American Experience: "The Crash of 1929."

Content Standard(s):

Social Studies
SS2010 (2010)
Grade: 9
World History: 1500 to the Present

13 ) Explain challenges of the post-World War I period.

Examples: 1920s cultural disillusionment, colonial rebellion and turmoil in Ireland and India, attempts to achieve political stability in Europe

• Identifying causes of the Great Depression

• Characterizing the global impact of the Great Depression

Unpacked Content

Strand: Economics, Geography, History, Civics and Government

Course Title: World History: 1500 to the Present

Evidence Of Student Attainment:

Students:

Identify and analyze social, political, and economic changes in the world during the time period between World War I and World War II, including causes and impacts of the Great Depression.
Evaluate social, political, and economic changes in the world during the time period between World War I and World War II in order to determine long-term global impact.

Teacher Vocabulary:

Great Depression

Knowledge:

Students know:

The challenges faced around the world after WWI.

Skills:

Students are able to:

Identify and analyze social and political changes using historical data.
Evaluate the impact of social and political changes using primary resources including text, visual and auditory arts, and maps.

Understanding:

Students understand that:

There were many global challenges in the world after World War I.

Alabama Alternate Achievement Standards

AAS Standard:
SS.AAS.9.13- Identify challenges in the United States after World War I.
SS.AAS.9.13a- Identify the causes and effects of the Great Depression including the stock market crash, collapse of farm economy, Dust Bowl, collapse of savings and loans banks, inflation, poverty, homelessness, soup kitchens, and unemployment.

Social Studies
SS2010 (2010)
Grade: 12
Economics

3 ) Describe different economic systems used to allocate scarce goods and services.

• Defining command, market, and mixed economic systems

• Describing how different economic systems answer the three basic economic questions of what to produce, how to produce, and for whom to produce

• Evaluating how each type of system addresses private ownership, profit motive, consumer sovereignty, competition, and government regulation

Unpacked Content

Strand: Economics, Civics and Government

Course Title: Economics

Evidence Of Student Attainment:

Students:

Identify economic systems from their characteristics.
Identify economic systems from the ways that they make the basic economic choices.

Teacher Vocabulary:

Adam Smith
invisible hand
laissez faire economics
command economy
market economy (free enterprise or capitalism)
traditional economy
mixed economy
consumer sovereignty
voluntary exchange

Knowledge:

Students know:

The characteristics of each basic type of economic system.
The three basic economic choices.
How each the three basic economic choices are made in the different types of economic systems.

Skills:

Students are able to:

Identify examples of different types of economic systems.

Understanding:

Students understand that:

There are specific roles for consumers, businesses and government in each type of economic system.
Each type of system responds to and incorporates change.
The type of economic system impacts economic growth.

Alabama Alternate Achievement Standards

AAS Standard:
SS.E.AAS.12.3- Understand that economic systems answer the three basic economic questions of what to produce, how to produce, and for whom to produce; identify how the three basic economic questions are answered in a mixed market economy.
SS.E.AAS.12.3a - Identify examples of different types of economic systems.

Tags:

stock market crash of 1929, stock trading

License Type:

Custom Permission Type
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This resource provided by:

Author:

Ginger Boyd

ALEX Classroom Resource

The Crash of 1929 - Biography: Tom McCormick