The Great Depression
Understand the Great Depression and its impact on the economy.
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Lessons & Activities
1 Hour+
What Really Caused the Depression?
OVERVIEW
For this activity, in two simulations, students determine that bank panics and a shrinking money supply were the primary causes of the Great Depression. They learn the definition of deflation, bank failure, and money supply as well as analyze the relationship between declining prices and business revenue.
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CURRICULUM UNITS
LESSONS & ACTIVITIES
1 HOUR+
Measuring the Great Depression
Describe how we measure the economy’s health with tools such as gross domestic product (GDP), the unemployment rate, and the consumer price index (CPI).
LESSONS & ACTIVITIES
1 HOUR+
What Do People Say
Identify and analyze suggested causes of the Great Depression.
LESSONS & ACTIVITIES
1 HOUR+
Dealing with the Depression
Examine statistical data related to the Great Depression.
LESSONS & ACTIVITIES
1 HOUR+
Turn Your Radio On
Identify economic problems using Franklin Delano Roosevelt's "fireside chats".
LESSONS & ACTIVITIES
1 HOUR+
Could It Happen Again
Learn about the role of the Federal Reserve System in the context of the Great Depression.
