<p> Depression //Recession 1</p><p>Depression // Recession: Then & Now</p><p>Team #__</p><p>First Last [Student name(s)]</p><p>Mark Keppel High School</p><p>United States History and Geography: Continuity & Change in the 20th Century</p><p>Mr. Tran, MA Ed.</p><p>March 09, 2012 Depression //Recession 2 Depression // Recession: Then & Now</p><p>The purpose of this paper is to: (a) analyze the causes and effects of the Great Depression of the 1930s; (b) highlight a key figure during the Depression; (c) compare and contrast the Great</p><p>Depression with the Great Recession of 2008; and (d) reflect (on a personal level) the effects of the current Great Recession (Danzer et al., 1999). [This is the introduction. Use the first sentence as directed. Write 5-7 more sentences in the introduction to your paper. For each paragraph in this paper, provide at least one in-text citation (paraphrase or quotes/APA). Provide the full citations of your sources on the References Page at the end.]</p><p>Causes of the Great Depression</p><p>The Great Depression was due a combination of factors including: (a) a stock-based economy that perpetuated a superficial prosperity; (b) an unequal distribution of income; (c) problems in industry and the farm sector; (d) increasing consumer debt; and (e) stock market speculation and crash (Danzer et al., 1999). [Write 6-7 more sentences before providing a detailed explanation of the causes.]</p><p>Stock-based Economy</p><p>The economy of the 1920s was overly dependent on the stock market. Over time, this situation created an artificial prosperity where an ever-increasing percentage of wealth was invested in an unstable stock market. [Provide a detailed explanation of why each one of the following factors contributed to the Great Depression. Each section should be at least one paragraph in length.]</p><p>Unequal Distribution of Wealth Depression //Recession 3 Problem in Industry and Farm Sector</p><p>Increasing Consumer Debt</p><p>Speculation and Crash</p><p>Effects of the Great Depression</p><p>The effects of the Great Depression were: (a) massive unemployment of more than 25 percent; (b) rise of shantytowns; (c) bank and school closures; (d) worldwide economic depression; and (e) increased involvement of the federal government in managing the economy. </p><p>[Write 5-6 more sentences before providing a detailed explanation of the effects.]</p><p>Massive Unemployment</p><p>[Write a paragraph detailing/explaining this effect with respect to the Great Depression].</p><p>Shantytowns</p><p>Bank & School Closures</p><p>Increased Government Involvement in Economy</p><p>Biography: [name of person]</p><p>[Write a two page biography of a key figure during the Great Depression. Each team will select a different key figure based on the following (Hebert Hoover, FDR, Eleanor Roosevelt, </p><p>Upton Sinclair, John Steinbeck, Huey Long, Dorothea Lange, Harry Hopkins, Francis Perkins, </p><p>John Maynard Keynes, Mary McLeod Bethume, John Collier, Robert F. Wagner, Grant Wood, </p><p>Richard Wright & Orson Welles). For each biography, write a one paragraph introduction before Depression //Recession 4 focusing on the person’s (a) background, (b) contributions or role during the Great Depression, and (c) legacy with respect to today.]</p><p>Background</p><p>Contribution </p><p>Legacy</p><p>The Great Recession of 2008</p><p>The Great Recession of 2008 occurred because of (a) a commodities boom, (b) the housing bubble, (c) inflation, and (d) income inequality. The effects of the current recession have been: (a) high unemployment; (b) low consumer confidence; (c) decline in home values; (d) increased foreclosures and personal bankruptcies; (e) escalating federal and state debts; (f) inflation (gas & food prices); and (g) even greater income inequality.[In this section, write three- four pages explaining the causes and effects of the current Recession.]</p><p>Commodities Boom</p><p>Housing Bubble</p><p>Inflation</p><p>Income Inequality</p><p>[Before writing about the effects of the Recession of 2008, write a transitional paragraph which links the causes and effects of the economic downturn.]</p><p>High Unemployment Depression //Recession 5 Low Consumer Confidence</p><p>Escalating Federal and State Debts</p><p>Inflation</p><p>Greater Income Inequality</p><p>Then & Now</p><p>[Write an analysis in which you compare and contrast the Great Depression and the Great</p><p>Recession of 2008. Point out similarities and explain the differences with respect to: (a) underlining causes of both periods; (b) similar effects; (c) differences; (d) federal responses in both periods; and (e) worldwide implications.</p><p>Underlining Causes</p><p>Similar Effects</p><p>Differences</p><p>Federal Responses</p><p>Worldwide Implications</p><p>Reflections on the Great Recession</p><p>[As a group, reflect in this paragraph how the Great Recession has affected your lives as young adults. Write a common paragraph before transitioning to individual reflections of how the bad economy has affected you (your family) personally.] Depression //Recession 6 First Student</p><p>Second Student</p><p>Third Student</p><p>Fourth Student</p><p>[Write a 1-2 paragraph conclusion in which you reflect on what you have learned about </p><p>American history from doing this research report (with respect to life, history, APA conventions).] Depression //Recession 7</p><p>References</p><p>Bikel, O. (Producer). (2008). Close to home. (film). Arlington, VA: PBS.</p><p>Danzer, G., Klor de Alva, J., Krieger, L., Wilson, L., & Woloch, N. (1999). </p><p>The Americans: Reconstruction through the 20th century. Boston, MA: McDougal Littell.</p><p>Gazit, G. (Producer). (1998). Surviving the dustbowl. (film). Arlington, VA: PBS.</p><p>Towers, J. & Maday, C. (Producers). (2009). The great depression. (film). New York:</p><p>A&E Network.</p><p>Wikipedia. (2012). The great depression. Retrieved February 20, 2012 from: </p><p> http://en.wikipedia.org/wiki/The_Great_Depression</p>