Transcript DO NOW 1. In what year did the stock market crash? Dow Jones

DO NOW
1. In what year did the stock market crash? Dow
Jones stock market Average by year
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The Good
The Boom Cycle
New Technology 1910-1930
Technology made life easier
• People had more
leisure time
• They wanted to buy
cars
• “Keeping up with
the Jones’ ”
• Carefree life and
economic
prosperity
The Harlem Renaissance
http://artsedge.kennedy-center.org/interactives/harlem/
– The Great Migration Led to the Harlem
Renaissance
– ( Rebirth of African American Culture)
– Many African Americans moved North
because of the treatment they received
during the 1920’s and the reemergence of the
KKK
• Harlem, NY was a new hub (Harlem
Renaissance)= Rebirth of African
American Culture
3/11
Do Now:
What were some effects of the
winning of World War One on
American society?
Notes: The Good, the bad and the
ugly!
Marcus Garvey
1887-1940 Jamaican Back to Africa movement
• Civil Rights Activist
• Back to Africa movement for those in diaspora
Jamaican Back to
Africa movement
Jazz Music
• Poets
• Langston Hughes
• Singers
• Bessie Smith
• Political Activists
• Marcus Garvey
• Musicians
• Louis Armstrong
• Duke Ellington
3/11/15 Do Now: What was the
Harlem Renaissance?
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Sitting quietly?
Got a pencil or pen?
Please get your notes out from yesterday.
Want extra credit? I will have these
tomorrow.
• Due March 20th
Great Feats
Charles Lindbergh
May 1927 Flew from New York to Paris
33 hours
Gertrude Ederle
Swam across the English Channel
14 hours
Babe Ruth
Hit 60 homeruns
1 season
The Bad
Prohibition
• 18th amendment
outlawed alcohol
• Gave birth to
– Speakeasies
– Bootleggers
– Organized
Crime
What were the effects of prohibition on the culture/society of the 1920’s?
A New Way to
Afford
Dow Jones (stock market) Average by year
Bull Market=
Strong and
money
BEAR MARKET= Sleeping
Bad
Jazz Age Movie 34 mins.
• https://dps.discoveryeducation.com/player/view/
assetGuid/DF730D9E-F30A-4918-8276FBA506869AB7
Coolidge Prosperity
Labor and Farmers
• Demand for food lags after war
– Farmers had a surplus of food
because they grew so much
during the war
– it was in GREAT DEMAND
– After the war the supply
decreased and therefore the
demand and price
– When supply exceeds demand,
prices drop
– Farmers went bankrupt because
they couldn’t pay the banks backCredit
The UglyWhat are these images
of?
3/12/15 Do NOW!
Take out your notes from yesterday
please…sit quietly
Get a pencil if you need one and
paper
Warm Up
• What was the Great Migration?
Write the question and answer .
Extra credit due March 20th
DO NOWS collected Friday--- From February to
Thursday.
Wall Street Hiccups
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Lack of regulation leads to shady practices
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Buying on margin is paying 10% of full price
(the rest is borrowed)
Banks make risky investments and lent to
everyone
Scopes Monkey Trial
www.youtube.com/watch?v=P9IO4dj_BqQ
Supply exceeds demand
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American factories produce
more goods than Americans
can buy now that the war is
over
A glut of new houses chokes
the market as new home
sales slow down
Produce prices fall so low that
many farmers lose their farms
to foreclosure
Mother to Son
BY LANGSTON HUGHES
Well, son, I’ll tell you:
Life for me ain’t been no crystal stair.
It’s had tacks in it,
And splinters,
And boards torn up,
And places with no carpet on the floor—
Bare.
But all the time
I’se been a-climbin’ on,
And reachin’ landin’s,
And turnin’ corners,
And sometimes goin’ in the dark
Where there ain’t been no light.
So boy, don’t you turn back.
Don’t you set down on the steps
’Cause you finds it’s kinder hard.
Don’t you fall now—
For I’se still goin’, honey,
I’se still climbin’,
And life for me ain’t been no crystal stair.
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Roaring 20’s Music
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http://melaman2.co
m/music/bigbandroaring20s_music.html
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Marcus Garvey
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http://bit.ly/VCwqe
8
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Stock Market
A stock is a share in the
ownership of a company. Stock
represents a claim on the
company’s assets and earnings.
As an owner (shareholder), you
are entitled to your share of the
company’s earnings as well as
any voting rights attached to the
stock.
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Stock Market
At some point every company
needs to raise money.
Companies can either borrow it
from somebody or raise it by
selling part of the company.
By issuing stock, the company
does not have to pay back the
money or make interest
payments.
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Stock Market
The shareholder gets the hope
that the shares will be worth
more in the future.
If the company does well, the
stock will probably increase in
value. If the company does not
do well, the shareholder may
lose the money he or she
invested.
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Stock Market
IPO stands for Initial Public
Offering. It’s the first time the
stock is available to the public
to purchase.
The stock exchange itself is a
secondary market. The primary
market is the brokers.
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Stock Market
A dividend is money that a
company pays to its
stockholders from the profits it
makes.
Not all companies pay
dividends to their stockholders.
The only way shareholders in
these companies make money is
to sell the stock at a higher
amount than they bought it at
on the open market.
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Stock Market
Market forces changes stock
prices every day. Share prices
change because of supply and
demand.
If more people want to buy a
stock (demand) than
sell it (supply) the price goes
up. If more people
want to sell than buy, the price
goes down.
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Stock Market
The price of a stock indicates
what investors feel a company
is worth.
The most important factor that
affects the value of a
company is its earnings.
Earnings are the profit a
company makes. Public
companies must report their
earnings on a quarterly basis. If
a company has done
well, the stock price will likely
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Stock Market
Often times current world
events have an impact on the
price of stocks.
For example, after 9/11,
aviation stocks decreased in
value. This was in anticipation
of a drop in traveling
by the consumer and thus a
decrease in profits.
This caused a lot of trouble for
those companies.
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Stock Market
THE BULL
The Bull – a bull market
is when the economy is
doing well, the GDP
is growing and stock
prices are rising. The bull
market charges ahead.
T
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WHEN THE ECONOMY IS NOT DOING WE
LL
STOCK PRICES GO DOWN
PRICES FALL
DO YOU KEEP YOUR STOCK OR SELL IT?
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