Readings:
- Counterpoints, Chapter 3, pp 85, Chapter 4, pp 90-93
- Watch Stock Market Crash Documentary (58 min)
- Watch Crash Course in the Great Depression (14min)
- PPT – Causes of the Great Depression
Understand the significance of the following:
- Bear Market vs Bull Market
- Buying on a Margin
- Overproduction (especially wheat)
- Tariffs and protectionism
- Debt
- Canadian Exports
- Bank Failures
- Stock Market Crash (Black Tuesday)
Concepts to understand (test yourself):
- How do banks work (how do they make money?)
- What is a stock and why does the prices change constantly?
- What caused the Great Depression?
- How do our perceptions affect the economy?