Session Date
Lesson Topic
The Great Depression
Lesson Outline
Ben started by populating some of the spaces in his Stock Market Game. He was struggling with it, so I guided him through the process. Then, he felt successful doing it on his own.
After that, we started the Nearpod video called "The Great Depression". First of all, they explained that The Great Depression and the stock market crash of 1929 were not the same thing. They focused on the credit and installment payments banks were receiving. During this time, the farmers expanded and mechanized thus leaving them with overproduction and low prices. This caused a massive unemployment with margin buying. Some of the causes of The Great Depression were weak banking systems, credit froze up, and deflation. Banks had no money and couldn't loan companies money nor could they make payroll so people lost wages and ultimately lost their jobs. Herbert Hoover said that World War I was the reason for The Great Depression. Some of the reasons given were that credit dried up and caused global problems, the US raised tariffs and less people bought goods, and the gold standard of world finances froze up and hiked up taxes. (Ben's mother arrived, so we had to end the video.
After that, we started the Nearpod video called "The Great Depression". First of all, they explained that The Great Depression and the stock market crash of 1929 were not the same thing. They focused on the credit and installment payments banks were receiving. During this time, the farmers expanded and mechanized thus leaving them with overproduction and low prices. This caused a massive unemployment with margin buying. Some of the causes of The Great Depression were weak banking systems, credit froze up, and deflation. Banks had no money and couldn't loan companies money nor could they make payroll so people lost wages and ultimately lost their jobs. Herbert Hoover said that World War I was the reason for The Great Depression. Some of the reasons given were that credit dried up and caused global problems, the US raised tariffs and less people bought goods, and the gold standard of world finances froze up and hiked up taxes. (Ben's mother arrived, so we had to end the video.
Session Minutes
45
Minutes Student Attended
45
Session Hours
0.75
Hours Attended
0.75
Entry Status
Review Status
Student Name(s)
Subject
School