Idaho Social Studies 9-12.US2.11
The Standard
Analyze the causes of the crash of 1929 and the Great Depression.
Idaho Content Standards: K-12 Social Studies · The Great Depression and the New Deal 1929-1939
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students explain why stock prices collapsed in 1929 and why the downturn spread beyond Wall Street. They connect buying on margin, weak consumer buying power, bank failures, and falling spending to business closures and lost jobs.
What Mastery Looks Like
- A student can explain how buying on margin made stock losses worse and how bank failures cut off credit. They can show how falling sales and layoffs fed each other, without claiming the crash alone caused the Depression.
Common Misconceptions
- Students may think every family owned stocks or that the crash alone caused the Depression. They may also think bank runs happened only because banks had lost money, missing how mass withdrawals created cash shortages.
How to Assess It
- Exit ticket: In three sentences, explain how buying on margin worsened the crash and how one separate problem helped turn the downturn into a depression.
Lesson moves
Ways to Teach It
Give groups three cash tokens and ten deposit slips, then have six depositors demand cash and record what happens.
Write three sentences connecting a bank failure to a factory layoff, then explain why the crash alone cannot account for the Depression.
Sort cards labeled buying on margin, bank runs, falling sales, and layoffs into causes and effects, then draw arrows between them.
Show an FDIC sign from a bank website, then ask how insured deposits might change a 1930 bank run.
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Related Standards
- 9-12.US2.47
Evaluate the causes and consequences of the 2008 financial crisis and Great Recession.
- 9-12.US2.9
Describe the impacts of economic, demographic, social, and cultural changes during the 1920s.
- 9-12.US2.13
Evaluate the effectiveness of New Deal programs in addressing economic issues underlying the Great Depression.
- 9-12.US2.12
Analyze the impact of the Great Depression and the Dust Bowl on farmers, businesses, workers, and racial and ethnic minorities.
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