Unit Topic: The Great Depression and New Deal
Instructional Time: 2 Weeks
Clarifying State Standards
•8. E.1.2-Use economic indicators (e.g. GDP, inflation and unemployment) to evaluate the growth and stability of the economy of North Carolina and the United States.
•8.E.1.3- Explain how quality of life is impacted by personal financial choices (e.g. credit, savings, investing, borrowing and giving).
•H.1.1- Construct charts, graphs, and historical narratives to explain particular events or issues.
Essential Understanding(s):
The students will understand that…
•Economist debate the causes of the Great Depression. (business boom, careless loans, over productions of goods, machine replace human workers).
•Poor land management led the demise of the Midwestern economy.
•The agricultural and industrial boom created by WWI led to overproduction of materials and deflation in prices causing the Stock Market Crash.
•Purchasing using credit increased the quality of life but was a factor in the economic demise of North Carolina and the United States.
•Conflicting ideology between Hoover and FDR created narratives about the issues and solutions to the Great Depression.
•The role of government during the Great Depression led to social, political and economic change with New Deal programs in an effort to prevent another Great Depression. (FDIC, Social Security, and other New Deal Programs)
Essential Question(s):
•How do personal financial choices impact the stability of a country's economy?
•What are the economic indicators that determine the growth and decline of a nation's economy?
•How are historical narrative used to provide perspective on the Great Depression, Hoover and FDR’s response to the economic crisis?
•How did the United States’ economical decline impact North Carolina during this time period?
Essential Vocabulary
Students will know…
•There were many combined factors which lead to the Great Depression.
•Over farming and severe drought led to the Dust Bowl of the Midwest.
•Over productions of materials, excessive spending, and living beyond their means were early indicators of economic distress in USA .
•Lack of regulation on banks and business eventually led to the stock market crash.
•A decline of production led to unemployment and the inability to pay personal debt and reduced spending causing businesses to fail.
•The Hoover administration responded to the Great Depression by supporting business first with the expectations it would trickle down to the individuals as a means to provide economic stability.
•Hoovervilles, rugged individualism and laissez-faire were products of the Hoover Administration.
•FDR’s administration responded to the Great Depression by creating a series of programs and laws to stabilize the economy and prevent similar events from taking place in the future.
•In the first 100 days of FDR’s Administration The New Deal was implemented. FDR’s Alphabet Soup included: job programs, banking regulations and help stabilize the farmers.
•The economic stability of North Carolina was most impacted by the crashing prices of cotton and tobacco.
•In the Pacific, General Douglas MacArthur led an island hopping campaign aimed at winning isolated battles in a move towards the Japanese mainland.The war eventually ended after Hitler's suicide and the culmination of the Manhattan Project, which led to the dropping of two Atomic Bombs on Hiroshima and Nagasaki, which forced the unconditional surrender of Japan.
•World War II went down as the bloodiest and costliest war in the history of mankind.
Instructional Time: 2 Weeks
Clarifying State Standards
•8. E.1.2-Use economic indicators (e.g. GDP, inflation and unemployment) to evaluate the growth and stability of the economy of North Carolina and the United States.
•8.E.1.3- Explain how quality of life is impacted by personal financial choices (e.g. credit, savings, investing, borrowing and giving).
•H.1.1- Construct charts, graphs, and historical narratives to explain particular events or issues.
Essential Understanding(s):
The students will understand that…
•Economist debate the causes of the Great Depression. (business boom, careless loans, over productions of goods, machine replace human workers).
•Poor land management led the demise of the Midwestern economy.
•The agricultural and industrial boom created by WWI led to overproduction of materials and deflation in prices causing the Stock Market Crash.
•Purchasing using credit increased the quality of life but was a factor in the economic demise of North Carolina and the United States.
•Conflicting ideology between Hoover and FDR created narratives about the issues and solutions to the Great Depression.
•The role of government during the Great Depression led to social, political and economic change with New Deal programs in an effort to prevent another Great Depression. (FDIC, Social Security, and other New Deal Programs)
Essential Question(s):
•How do personal financial choices impact the stability of a country's economy?
•What are the economic indicators that determine the growth and decline of a nation's economy?
•How are historical narrative used to provide perspective on the Great Depression, Hoover and FDR’s response to the economic crisis?
•How did the United States’ economical decline impact North Carolina during this time period?
Essential Vocabulary
Students will know…
•There were many combined factors which lead to the Great Depression.
•Over farming and severe drought led to the Dust Bowl of the Midwest.
•Over productions of materials, excessive spending, and living beyond their means were early indicators of economic distress in USA .
•Lack of regulation on banks and business eventually led to the stock market crash.
•A decline of production led to unemployment and the inability to pay personal debt and reduced spending causing businesses to fail.
•The Hoover administration responded to the Great Depression by supporting business first with the expectations it would trickle down to the individuals as a means to provide economic stability.
•Hoovervilles, rugged individualism and laissez-faire were products of the Hoover Administration.
•FDR’s administration responded to the Great Depression by creating a series of programs and laws to stabilize the economy and prevent similar events from taking place in the future.
•In the first 100 days of FDR’s Administration The New Deal was implemented. FDR’s Alphabet Soup included: job programs, banking regulations and help stabilize the farmers.
•The economic stability of North Carolina was most impacted by the crashing prices of cotton and tobacco.
•In the Pacific, General Douglas MacArthur led an island hopping campaign aimed at winning isolated battles in a move towards the Japanese mainland.The war eventually ended after Hitler's suicide and the culmination of the Manhattan Project, which led to the dropping of two Atomic Bombs on Hiroshima and Nagasaki, which forced the unconditional surrender of Japan.
•World War II went down as the bloodiest and costliest war in the history of mankind.