Monday, January 27, 2020

DLT - I can summarize and analyze the 5 causes of the Great Depression

   Today we covered 5 causes of the Great Depression.  Though it is difficult to say for certain what exactly caused the depression, we will explore these five causes:

  1. Buying on Credit
  2. Unequal Distribution of Wealth
  3. Over-Production and Under-Consumption
  4. Unstable Banking System
  5. Weak International Trade

Homework due 1/28

1) Listen to Fireside Chat #1

Audio - https://millercenter.org/the-presidency/presidential-speeches/march-12-1933-fireside-chat-1-banking-crisis

For text - (click 'view transcript' under audio) or Fireside Chat #1 Text

2) Read ONE of the letters written to FDR after Fireside Chat #1

Letters - http://historymatters.gmu.edu/d/8126

3) Answer the Questions

  • In this speech, FDR tries to clearly explain the banking crisis - write two quotes down from the speech where he explains the crisis.
  • What letter did you read?  Write the person's name and who they are.  How did they react to FDR's speech?
  • Is this speech effective?  Imagine you were listening in 1933, everything seems to be crashing down around you, would this speech help calm you down?

Extra Materials:

Presentation from class:

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