Table of Contents
Pretest..3-4 Lesson 1 Mood Swing....5-6 Lesson 2 Introduction to the Stock Market.....7-8 Lesson 3 Black Tuesday....9-10 Lesson 4 Prices Then and Now...............................................................................11-12 Lesson 5 Investigating the Dust Bowl ...13-14 Lesson 6 Surviving the Dust Bowl..15-16 Post Test..17-19 Final Project.20 Childrens Literature...21 Resources..22 Appendix.23-31 Map of Dust Bowl Migration Route 32 Map of Dust Bowl States33
Unit Pretest
Name_______________________________________ Multiple Choice:
1. a. b. c. d. 2. a. b. c. 3. a. b. c. 4. a. b. c. d.
Date___________
The Dust Bowl in the United States was the result of A lack of environmental responsibility in agricultural practices. Severe Drought Giant dust storms blowing up from Mexico Both a and b The states most severely effected by the Dust Bowl were: New Mexico, Kansas, Oklahoma, Texas, and Colorado. Minnesota, Iowa, Nebraska, Missouri, and Kansas Nevada, Arizona, New Mexico, and Utah. When the price of goods and services go up Wages stay the same. Wages also must go up. People will stop buying goods and services until they go down. What happened on Black Tuesday? The United States stock market crashed. Markets went up so that investors made a lot of money. A new stock market was established in the United States. Dust Storms were so bad that it stayed dark through the day. True false: ___ Soil erosion occurs when native vegetation is destroyed. ___ Most people migrated to the north and east to escape the Dust Bowl. ___ The price of goods and services today are much higher than they were in the 1930s. ___ In the 1920s, many people believed that the prosperity of the decade would continue on indefinitely.
Pre Unit Vocabulary Assessment: For each term, check either do not know, recognize, or know. If you know the term, define it to the best of your ability. Term Stock Dont know Recognize Know and can define it
Investment
Close Price Share Profit Risk NYSE Stock Broker Market Value
Brother, Can You Spare a Dime? Jay Gorney Assessment: o o Check for Understanding: Ask students which decade they thought each of the songs was from. Share basic information about each song. "Blue Skies written by Irving Berlin in 1926. Brother, Can you Spare a Dime? Written by lyricist E. Y. "Yip" Harburg and composer Jay Gorney in 1930. Have students share their responses to the songs at their tables or in assigned groups and then share as a table with the rest of the class what they thought the mood and message of the song was. As a class, discuss what the songs say about each decade. Note students responses to the songs during the class discussion to evaluate understanding of instruction. Guided Practice Now that we have an idea what the mindset of Americans was during these two decades, we are going to make posters comparing the mood of both decades. Use the words and phrases you thought of while you listened to songs and the lyrics if you want to. Break students into groups, and have each group make their own poster comparing the mood of the 1920s and the 1930s in the United States. Have one student from each group collect magazines, markers, poster board, construction paper, scissors, glue, and any other supplies for the project. Give students time to work on their posters, using their notes from the instructional activity for content. Walk around and provide additional guidance as needed. Independent Practice As homework, have students find a song that might be chosen to represent the mindset of Americans during the current decade. Each student will choose a mood and message for the song they chose and include a copy of the lyrics. Students will then write two paragraphs. The first paragraph will compare the mood and message of the song they chose to that of the two songs we listened to in class. The second paragraph will describe what people 70 years from now might conclude about our current decade from listening to that song. Closure: Now that we have an idea of how the perspectives of Americans changed in the United States between the 1920s and 30s, tomorrow were going to discover what exactly made the mood of the country change so drastically by investigating the stock market crash of October 1929. 6
to demonstrate how students will choose a company to invest in, and fill out their sheet, continuing to track their investment twice a week for the next three week. Assessment: Checking for understanding Take questions from students and do more examples if necessary. Guided Practice Break students into groups of 2-3 and give each group a investment tracker sheet. Give each group several different stock options with quantity, perches price per share, and closing prices listed for one months time. Using the information given, have students fill out a Stock Performance Investment Tracker sheet. Independent Practice Give each student their own Stock Performance Investment Tracker sheet Each student will have 10,000 to invest and choose at least three stocks that they will invest in, and continue to track for the next three weeks. Every week, the entire class will report the performance of their chosen stocks. After students have followed their stock for 3 weeks, fill out the L section of the KWL chart.
Instruction: Input from Teacher Read and discuss the following article about Black Tuesday as a class: http://www.teachervision.fen.com/tv/printables/TCR/1576901009_122.pdf Modeling Ask students to recall what they learned about stocks in the previous lesson. As a class, discuss the following questions. What they would do if the price of their stock kept rising higher and higher, and they thought the prices would keep rising, would they buy more? Tell the students that during the 1920s, many people were optimistic in believing that the prosperity of the decade would continue. This led people to invest so heavily, they even borrowed money from banks to invest in the stock market. Explain to students that you are going to do an activity to simulate the stock market crash of 1929.
Assessment: Checking for understanding Answer any questions the students have so far and explain further anything they do not understand. Guided Practice Divide the class into bankers and investors, with one-fourth of the class being bankers, one-half being investors, and one-fourth being neither. Give each investor $100 to invest and each other student $100 to place in the bank. Tell the investors that the stock prices are rising, and they can invest all of their money, and then borrow even more from the bank to invest also. Remind them that as far as they know, the stock prices are going to continue going up. Give the investors a couple minutes to invest more into stocks and borrow money if they choose. Now announce that the stocks have suddenly fallen, by the time the investors tried to sell their stocks, it was too late, most of the money was gone. Now tell the students with their money in the bank to try and withdraw their money from the bank. When they cannot do so, ask the bankers where the money has gone. Discuss with students how the investors cannot pay back their loans, because their stocks lost their value, and thats where their money was. Now the bank cannot pay back those who did not invest in stocks.
Independent Practice Using the following internet resources and books, students will write their own reports of the stock market crash in 1929. o Feinstein, Stephen The 1930s o Blumenthal, Karen Six Days in October: The Stock Market Crash of 1929 o Bolden, Tonya FDRs Alphabet Soup o http://library.thinkquest.org/J001569/st.html o http://www.education.com/study-help/article/us-history-great-depression-stock-marketcrash/ o http://www.pbs.org/wgbh/americanexperience/features/introduction/crash-introduction/ Students will answer the following questions in their reports. o When did the stock market crasher occur? o What were two events/reasons that led to the stock market crash occurred? o Who was effected by the crash? Differentiation: 1. Students that need more of a challenge will make their report at least one page long and include three events/reasons that led to the stock market crash of 1929. 2. Students that need more assistance only need to make their report half a page long and include one event/reason.
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Modeling Break students into groups and assign one student from each to get a stack of ads. Tell students that they are going to complete a sheet comparing prices of goods and 11
services today with prices in the 1930s using newspaper ads and magazines. Assessment: Checking for understanding Allow students to ask questions and further explain if needed. Guided Practice In their groups, have students look through the ads to find current prices. After they complete the prices portion of the worksheet, have students use the wages then and now information to complete and discuss questions # 1 and # 2 on the Questions to Consider sheet. Independent Practice For homework, have students complete question #3 on the Questions to Consider sheet.
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Modeling After watching the video and reading the book, create a list of causes for the Dust Bowl, sorting them into human causes and natural causes. Lead students in a discussion/brain storming session of what kinds of things can be done to prevent something like the Dust Bowl from happening again in the future. Using their ideas, have students create their own soil erosion prevention guides. Each guide must include at least one illustration, three kinds of soil erosion prevention, and definitions for terms used. Assessment: Checking for understanding 13
Allow students to ask questions concerning the project or content covered. Guided Practice Students will work on their guides while you walk around to provide guidance wherever necessary. Independent Practice Students will write a one page response to the question, o If early farming practices in the United States had addressed environmental responsibility, would the Dust Bowl have occurred? Why or why not? Multicultural Integration: Have students read about Native American agricultural practices in the plains states, and decide how their practices compare to the agricultural practices of European Americans. What could the Native Americans have taught the European Americans? o http://plainshumanities.unl.edu/encyclopedia/doc/egp.ag.052 o http://whyfiles.org/2012/farming-native-american-style/
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Modeling Put students into pairs and have them determine two things using the maps. o What is the area (in square miles) of land effected by the Dust Bowl. o How many miles did migrants have to travel on the different migration routes? Which was the farthest? Assessment: Checking for understanding Allow students to ask any questions about the content or the assignment. 15
Guided Practice Have one partner collect supplies for map work. Give the students time to work out the assigned questions while being available to answer questions and assist. Independent Practice Give students their own blank map of the United States and have them mark the following on it. o Draw migration routes from the Dust Bowl states. o Shade the states effected by the Dust Bowl. Differentiation: 1. Students that need more of a challenge can also find the percentage of land effected by the Dust Bowl in comparison to the total square miles of the United States. 2. Students that need extra assistance can continue to work with their partner during independent practice. Multicultural Integration: The people migrating out of the Dust Bowl states toward the west were not the only ones looking for work. Discuss with students the other people groups that were settled in California and other places that received a lot of migrant workers. For example, the majority of migrant farm laborers were either Latino or Asian, particularly of Mexican and Filipino descent. Article: Hispanic American Migrant Workers in the 1930s Have students listen to an interview with a Mexican migrant worker in El Rio, California. Interview Recording Link
o o
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2. Are the prices of good and services higher now than they were in the 1930s?
Map Work: Use the blank map of the United States attached to perform the following.
1. Label and shade the states that were impacted by the Dust Bowl. 2. Draw migration routes that people took while escaping from the Dust Bowl
1930s?
2. If agricultural practices in the plains states during the early 1900s had
observed environmental responsibility, as they do today, how would that have impacted the Dust Bowl?
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Post Unit Vocabulary Assessment: For each term, check either do not know, recognize, or know. If you know the term, define it to the best of your ability. Term Stock Dont know Recognize Know and can define it
Investment
Close Price Share Profit Risk NYSE Stock Broker Market Value
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Final Project
As a final project, students will choose a topic and method of demonstrating their knowledge of the topic to the class. Have students choose the format of their final project from the following list: Compose and deliver an oral reeport Write and perform a skit or Readers Theater Make a poster Write an All About Book Make a PowerPoint or Prezi to share with the class. Build a diorama and present it to the class. Note: All topics will be chosen by students from things they have learned about during the unit, but must be pre-approved by the teacher.
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Childrens Literature
Blumenthal, Karen Six Days in October: The Stock Market Crash of 1929 Bolden, Tonya FDRs Alphabet Soup Brown, Harriet Welcome to Kits World Cohen, Robert Dear Mrs. Roosevelt: Letters from Children of the Great Depression Curtis, Christopher Bud, Not Buddy Feinstein, Stephen The 1930s Freedman, Russell Children of the Great Depression Janke, Katelan Survival in the Storm Lasky, Kathryn Christmas After All Marrin, Albert Years of Dust Phelan, Matt The Storm in the Barn Sandler, Martin The Dust Bowl Through the Lens Seymour, J.M. Stock Market Pie: Grandma Helps Emily Make A Million
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Resources
Websites: http://www.teachervision.fen.com/tv/printables/TCR/1576901009_122.pdf http://library.thinkquest.org/J001569/st.html http://www.education.com/study-help/article/us-history-great-depression-stockmarket-crash/ http://www.pbs.org/wgbh/americanexperience/features/introduction/crashintroduction/ http://www.calisphere.universityofcalifornia.edu/calcultures/ethnic_groups/subtop ic3b.html http://memory.loc.gov/cgi-bin/query/D?toddbib:2:./temp/~ammem_ntrK:: Maps: http://www.fasttrackteaching.com/burns/Unit_9_1930s/Unit9_Map_of_Dust_Bo wl.html U.S. Climate (2001) http://www.eduplace.com/ss/maps/pdf/usclim.pdf
Worksheets: Prices Then and Now http://www.michigan.gov/documents/mhc_mhm_then_and_now_44047_7.pdf Videos: Roaring Twenties ttp://www.youtube.com/watch?v=SclJ94h2oyQ Blue Skies http://www.youtube.com/watch?v=V7cPcEa4e8I Brother Can You Spare a Dime http://www.youtube.com/watch?v=eih67rlGNhU
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Appendix
"Brother, Can You Spare a Dime," lyrics by Yip Harburg, music by Jay Gorney (1931) They used to tell me I was building a dream, and so I followed the mob, When there was earth to plow, or guns to bear, I was always there right on the job. They used to tell me I was building a dream, with peace and glory ahead, Why should I be standing in line, just waiting for bread? Once I built a railroad, I made it run, made it race against time. Once I built a railroad; now it's done. Brother, can you spare a dime? Once I built a tower, up to the sun, brick, and rivet, and lime; Once I built a tower, now it's done. Brother, can you spare a dime? Once in khaki suits, gee we looked swell, Full of that Yankee Doodly Dum, Half a million boots went slogging through Hell, And I was the kid with the drum! Say, don't you remember, they called me Al; it was Al all the time. Why don't you remember, I'm your pal? Buddy, can you spare a dime? Once in khaki suits, gee we looked swell, Full of that Yankee Doodly Dum, Half a million boots went slogging through Hell, And I was the kid with the drum! Say, don't you remember, they called me Al; it was Al all the time.
Say, don't you remember, I'm your pal? Buddy, can you spare a dime?
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Blue Skies, written by Irving Berlin (1926) I was blue, just as blue as I could be Ev'ry day was a cloudy day for me Then good luck came a-knocking at my door Skies were gray but they're not gray anymore Blue skies Smiling at me Nothing but blue skies Do I see Bluebirds Singing a song Nothing but bluebirds All day long Never saw the sun shining so bright Never saw things going so right Noticing the days hurrying by When you're in love, my how they fly Blue days All of them gone Nothing but blue skies From now on I should care if the wind blows east or west I should fret if the worst looks like the best I should mind if they say it can't be true I should smile, that's exactly what I do
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STOCK MARKET PIE WORKSHEET Name _______________________ 1) An investment is: ________________________________________________ _____________________________________________________________ ____ . 2) A stock is: ______________________________________________________ _____________________________________________________________ _____. 3) Emily and Grandma own stock. They are called ___________________ or _____________________. 4) Stock markets or stock exchanges are where: ________________________________________________ _____________________________________________________________ ____________________________. 5) Investors _____________ money when the company grows and makes a profit. Investors ____________ money when the company is not doing well and is earning less. 6) A bull market means: _____________________________________________________________ ______ . A bear market means: _____________________________________________________________ ________ .
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Checking Stocks Online Yahoo! Finance and Google Finance both have a stock search window.
Type-in a company name until you see it in the list, then click on it.
For our activities we will use the Prev Close: value as the buying price on the first day we invest in our stocks.
http://myecoach.com/modules/custombuilder/popup_printable.php?id=10631
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Stock Name
Quantity
Purchase Price
Current Quote
Market Value
Gain/Loss ($)
Gain/Loss (%)
Date
Ex. Smith and Johnson Co. 100 $10.00 $1000.00 $15.00 $1500.00 $500.00 50% 1/1/13
Purchase Price = (Quantity) x (Purchase Price Per Share) Market Value = (Quantity) x (Current Quote) $ Gain/Loss = (Market Value) (Purchase Price) Percent Gain/Loss = (Market Value - Purchase Price)/(Purchase Price)
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Average
NYSE
NASDAQ
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DJIA
Ticker Symbol
Investment Risk Profit Loss Share holder Economy Trading session Share Price per share Go Public IPO
Stockbroker
people in many different locations rather than on one trading floor in one building. The Dow Jones Industrial Average consists of 30 of the largest, most heavily traded companies in the United States stock market. By tracking the profit and loss of these 30 company stocks, we get an index or picture of how well the overall stock market performed that day. Think of a ticker symbol as a short nickname for a stocks longer, full name. A ticker symbol usually consists of several letters, numbers, or a combination of both, which try to reflect the longer name, but not always! For example, Wal-Marts ticker name is WMT. Microsofts is MSFT. Kelloggs is just one letter, K. Putting money into a stock or other financial organization with the hope the value will grow. The chances that your investment might do well (make you a profit), or do poorly (cause you to loose money). The amount your investment or money increases. If you invest $100 in a companys stock and after one month it is worth $150, you made a $50 profit. The amount your investment or money decreases. If you invest $100 in a companys stock and after one month it is worth $60, you have a loss of $40. A person who owns shares of a companys stock. They own a small part of that company. A complex, large-scale system of human activity within a country related to services, buying, selling, trading and manufacturing. Usually during the day, Monday Friday, when a stock market is open for the buying and selling of stocks. The price unit for purchasing stock. A stocks share value can go up and down. The dollar amount to buy one share. A way of calculating the value of an investment and the cost to buy stock. When a private company goes public they are asking people to invest in them (buy stock) with the idea the company will be successful and grow and earn the stock holders money. IPO = initial public offering. It is the first time a company puts a new stock up for sale to the general public. By selling shares of stock to investors, the company can raise money needed to expand its business and make more money. In return, the stockholders own a part of that company and hope it will grow and earn them a good return on their investment. A stockbroker is a person with investment training, stock market knowledge, and a license to help people buy and sell stocks. We pay a broker to help guide us in what stocks to buy
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Historical Prices
and sell, and when to buy and sell them so we can make a profit over time. Historical prices refers to a recorded track record of an individual stocks daily performance, starting from the now (or yesterdays close price) and working backwards through time. The Yahoo! Finance and Google Finance web pages both have an Historical Prices hyperlink that displays the historical stock performance for any given company. It is a great place to look if you missed a stocks close price during this stock market tracking activity.
http://myecoach.com/modules/custombuilder/popup_printable.php?id=10631
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3. How many weeks would it take to buy each of the items on the table of prices*?
*If an item costs less than a week's wages, divide the week's wages by 40 to estimate the hourly wage and figure out how many hours it would take to earn the money to buy the item.
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