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From Prosperity to Panic. The U.S. enters the Great Depression. The Roaring Twenties end in 1929. America enters the Great Depression. REVIEW: 1920s - Imminent Crash!. Growing income gap rich poor Rural / urban divide Overspending (Credit) Risky investments.
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From Prosperity to Panic The U.S. enters the Great Depression
The Roaring Twenties end in 1929 America enters the Great Depression
REVIEW: 1920s - Imminent Crash! • Growing income gap rich poor • Rural / urban divide • Overspending (Credit) • Risky investments
Today’s Note-Taking Focus • First, listen and fill in the missing numbers • Then, listen again and take notes on each main point. • NOTE: You will not see many words on today’s powerpoint. I will mainly show pictures. Listen for the main ideas.
Listen and take notes on the main ideas under each statistic.
Farms were foreclosed & repossessed.(Farmers couldn’t pay their mortgages.)
What happened in 1929 if your bank failed? • You had to wait to get your money back. • The government would pay you back. • You lost all of the money you had in the bank. • The insurance company would pay you back
What is a mortgage? • A bank loan for land or a house. • A farm. • A migrant worker. • Another word for a “Hooverville.”
Where was the “Dust Bowl”? • California • The South • The Southern Great Plains • The Midwest
Who were “Okies?” • All people from Oklahoma • Women whose husbands left them • Homeless men who left cities to find work • Dispossessed farmers who moved west
Who were “Okies?” • People from Oklahoma. • Women whose husbands left them • Homeless men who left cities to find work • Dispossessed farmers who moved west