USH2 UNIT 1: SOCIAL, ECONOMIC, AND POLITICAL CHANGE

Lesson 1.2: Economic Change

FOCUS

What did you learn yesterday about social change? How is women’s rights, Civil Rights, and the counter-culture examples of social change?

ACTIVATING

What do you think of when you hear the word “economy”?

ECONOMIC CHANGE

Economy: the process or system by which goods and services are

produced, sold, and bought in a country or region.

economic change: ... a transformation that occurs within an economy that either

increases, sustains, or depletes its vitality.

Let’s take a look at 3 examples of economic change in American History:

The Industrial Revolution The Great Depression Information Age

THE INDUSTRIAL REVOLUTION

https://www.youtube.com/watch?v=r6tRp-zRUJs

The Rise of Industry = Natural Resources, Large

Population = large workforce and rivers needed for Factory system.

War of 1812 forces USA to become more self sufficient

Industry booms after Civil War.

Cottage Industry replaced over time by Division of Labor

AP 1 : COTTAGE INDUSTRY VS DIVISION OF LABOR

THE GREAT DEPRESSION

https://www.youtube.com/watch?v=GCQfMWAikyU&list=PLM8nkhDwORfrhYa-DIaEv7Nm3jkv0gliE

3 things you learned from John Green:

1.2.3.

2 things you thought were interesting:

1.2

1 question about the Great Depression:

1.

Causes = Buying on Margin, speculation, stock market crash,

Bank failures, rise of credit and consumerism, gap between rich and poor, mistakes by Federal Reserve

Impact on American society= American people begin to look to the federal government for help. Shift away from “Rugged Individualism”

New Deal = It is now the responsibility of government to look after the well being of citizens. Pros and Cons?

AP: CAUSE AND EFFECT

INFORMATION AGE

The Information Age (also known as the Computer Age, Digital Age, or New Media Age) is a period in human history characterized by the shift from traditional industry that the industrial revolution brought through industrialization, to an economy based on information computerization.

IMPACT OF INFORMATION AGE

Internet Information and

Communications technologies

Job loss as a result of automation

Middle Class disappearing due to outsourcing

Globalization of workforce = wage cuts

HTTPS://WWW.YOUTUBE.COM/WATCH?V=U9HWV5I-V3W

Why are jobs being outsourced?

What can we do to stop outsourcing?

What can we do to encourage American manufacturing and create American Jobs?

AP 3

Collaborative Pairs 1’s = Summarize to your partner what

you learned about the information age. 2’s = Explain to 1’s how the

information age is an example of an economic turning point.

BRAINSTORMING ACTIVITY

Brain storm with a partner as many Economic Turning Points you can think of in our nations history.

Remember, almost any event in history is going to have some economic impact!

POSSIBLE ANSWERS

Wright brothers flight at Kitty Hawk Ford introduces Model T USA enters WW1 Lindbergh flies across Atlantic “Black Tuesday” foretells Great Depression Japan attacks Pearl Harbor Vietnam War Personal computers bring Industrial Age to end

(1983) End of Cold War 9/11 Terror Attacks

ASSIGNMENT: COMPLETE WEB DIAGRAM GRAPHIC ORGANIZER IN YOUR PAIRS.

LEARNING LOG

Today I learned……………… What did you learn today about

economic change? How does industrialization, the Great Depression, and the Information Age relate to economic change?