The Crash of 1929 - Biography: Tom McCormick

Learning Resource Type

Classroom Resource

Subject Area

Social Studies

Grade(s)

9, 12

Overview

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

Social Studies (2010) Grade(s): 9 - World History

SS10.WH.13

Explain challenges of the post-World War I period.

UP:SS10.WH.13

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.
Social Studies (2010) Grade(s): 12 - Economics

SS10.E.3

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

UP:SS10.E.3

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.

CR Resource Type

Interactive/Game

Resource Provider

PBS

License Type

CUSTOM
https://aptv.pbslearningmedia.org/resource/arct14.soc.amexcramcc/the-crash-of-1…

Custom License Type (URL)

https://aptv.pbslearningmedia.org/help/terms-of-use/#.YGKPdlVKjIX

Comments or Notes

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Approved Date

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