Chapter 2.1 (part 1)

Chapter 2: Between the wars
2.1 Prosperity and crisis in the United States (part 1)
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This lesson contains 13 slides, with interactive quizzes, text slides and 2 videos.

time-iconLesson duration is: 50 min

Items in this lesson

Chapter 2: Between the wars
2.1 Prosperity and crisis in the United States (part 1)

Slide 1 - Slide

At the end of this lesson...
  • You will know what a consumer society is.
  • You will know what the Roaring Twenties are.
  • You will know how the economical crisis started.
  • Concept of Meristocray

Slide 2 - Slide

Live now, pay later
  • After WW1, the USA was the wealthiest and most powerful country in the world.
  • In the 1920's they became a consumer society. 

Slide 3 - Slide

Meristocracy
  • Michael Young:
  • As labourer you have the right to be rewarded!

Slide 4 - Slide

Slide 5 - Link

If you coudn't afford it, you could buy it on credit.

Slide 6 - Slide

The Roaring Twenties

  • A different name for the 1920's

  • Many changes (?)


Slide 7 - Slide

Slide 8 - Video

Slide 9 - Video

The stock market
  • Farmers and companies borrowed money to invest.
  • Credit was used to buy stocks on the stock market.
  • The Stock market crashed on Black Thursday 1929.
  • The borrowed money couldn't be paid back.
  • Companies, factories and banks went bankrupt.

Slide 10 - Slide

What is a 'consumer society'?

Slide 11 - Open question

Why is it called the 'Roaring Twenties'?

Slide 12 - Open question

Why did banks and companies go bankrupt?

Slide 13 - Open question