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Boom to Bust

Boom to Bust. I can differentiate between an economic boom and bust. 5.2.2. ***. Mr. Lee - All I Do Is Learn - YouTube. Materials. Pencil Notes Whiteboard Markers Eraser Scissors Coach book. Vocabulary. 1. Can you give an example of an economic boom?

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Boom to Bust

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  1. Boom to Bust • I can differentiate between an economic boom and bust. 5.2.2

  2. *** • Mr. Lee - All I Do Is Learn - YouTube

  3. Materials • Pencil • Notes • Whiteboard • Markers • Eraser • Scissors • Coach book

  4. Vocabulary

  5. 1. Can you give an example of an economic boom? • 2. Can you give an example of an economic bust? • 3.Do you think our country is experiencing an economic boom or bust? Choose. Why or why not?

  6. TCAP Coach • Page 136 and 140

  7. Boom or Bust – Stock markets is making money. Plenty of gold.

  8. Boom or Bust • People have jobs and money -

  9. Boom or Bust • Banks are lending – stocks are making money, people are keeping money in the bank

  10. Boom or Bust • People are out of work.

  11. Boom or Bust • A time in history – 1929-1939. Worst and longest time of economic poorness for the world.

  12. Boom or Bust • President Hoover was in office when the stock market crashed October 29, 1929.That day is known as Black Tuesday.

  13. Boom or Bust • Shanty Towns or Hooversvilles were places where people made shacks to live in because they’d lost everything. (Great Depression).

  14. Boom or Bust • Because of the drought of the 1930’s, crops failed, creating the problem of erosion and dust storms. No crops, no food for people.

  15. Boom or Bust • Everyone has enough food.

  16. Boom or Bust • Mostly everyone has housing – Home sales are up.

  17. Quick End • 1. The economy is strong, people are working, businesses are growing, and banks are lending moneys, this is an indication of an economic _______________. • 2. Three features of an economic bust are • a. inflation, high employment, and debt • b. high unemployment, high debt, and many businesses closing • 3. What do you think? Right now, is our economy strong or weak, how do you know? Include indicators in your response. • Name______________ Reflection _____Date ______

  18. Resouces • Images for the Internet.

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