Classroom Resource

The Crash of 1929 - Biography: Tom McCormick

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.

Unpacked Content

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.

Unpacked Content

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

CR Resource Type

Interactive/Game

Resource Provider

PBS
Accessibility
License

License Type

CUSTOM

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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