http://prezi.com/zr_s73lgrybo/stock-market/
~This blog talked about the stock market crash or black tuesday. The economy was booming during war time with the production of helmets, tanks and weapons. People became over confident in the value of the socks and over invested, little did they know that everyone was doing the same thing,decreasing the value to little to nothing. Also the use of instalment buying,which allows people to pay for things over a period of time instead of all up front in cash. The Agricultural Marketing Act leant money to farmers so that they could continue to farm and stabilize the economy. This Act back fired when they over produced and had no one to sell to, America was not buying things from over seas and as a result of that other countries were not buying American goods either. During the Great Depression 90 percent of the stock value was lost. This blog was great and i learned a lot. I liked that there were lots of videos and pictures to help explain the concepts that were being talked about!
~The Great Depression of 1928 can be closely related to the financial crisis of 2008. The Financial crisis resulted in the bailout of banks by national governments, stocks falling and the suffering of the housing market. This resulted in evictions, foreclosures and unemployment. The economic downturn lead to a global recession.
https://docs.google.com/viewer?a=v&pid=gmail&attid=0.1&thid=13cde8e8cbedcfb9&mt=application/vnd.openxmlformats-officedocument.presentationml.presentation&url=https://mail.google.com/mail/u/0/?ui%3D2%26ik%3D4c9b28101b%26view%3Datt%26th%3D13cde8e8cbedcfb9%26attid%3D0.1%26disp%3Dsafe%26realattid%3Df_hd7imwwy0%26zw&sig=AHIEtbTSLhSyilKUzM28si40qNPiV63Djg
~This blog was about gangs and the main reason that they came about. Many people from the lower class joined gangs because it was an easy way to get money, many had no other way of getting money to provide for their families. During the prohibition era people would smuggle illegal alcohol into speak easys and saloons. Alcohol was in huge demand on the black market, which allowed for gangs to arise successfully while making money. However as gangs began becoming more and more successful rivals arose, along with violence spread throughout the cities. This blog gave a great over view of this topic and i liked how there were so many videos explaining the topics, however i feel that they should have tried explaining the topics more in their own words rather than a video.
~When i researched gangs today to relate with this topic i found that it was approximated 27,900 gangs were impacting communities across the U.S. in the year 2008. The main use for gangs has changed over the years from alcohol to drugs. Gangs are the number one distribution of drugs throughout the U.S. Gangs use children because they cannot be sent to jail if they are under the age of 13, It is extremely alarming and sad that children are being recruited into gangs at such young ages. Today gangs mark their terriers with graffiti on building walls in their area.
-Hannah Girard, Block A
i really liked your blog it was full of information about the topics and i learned a lot from it. i also liked the way you connected the stock market crash to the one of 2008.
ReplyDeleteHey Dallas I completely agree with you. It is really interesting to understand how the depression started and how it is so similar to the recession of 2008. Great Blog Hannah
DeleteI like the way you made the connections from back then to today on how the uses of the gangs have changed from back then to today. The gangs started out as a means for distributing alcohol but now have been only for drugs.
ReplyDeleteGreat Blog! I, too, made a connection to the Great Recession in my blog. However, I was comparing the politics instead of the stock market. It is interesting how closely the two correspond because the political policies and acts led to the stock market crash in both instances. Also, your information of gangs was also very interesting. I wonder if drugs were as big in gangs back then if they were today?
ReplyDeleteReally informative! I liked your breakdown of and connections to the blogs. It is deinatey interesting to see how the stock market and instalment buying wreaked this counrty, along with a lot of political aspects. Your information about gangs was also very interesting. Not only are gangs used for drugs now a days, but also territory. It's definately very sad to think how young these children are that walk around with guns and are selling drugs. That is like my 12 year old sister being a gang member. Too crazy.
ReplyDeleteYour blog is really great. You have a lot of important information that is explained really well. It is interesting to see how just in 2008, the stock market crash was very similar to the one of this era. I also really like your information of the gangs. I agree that it is sad that people now go through kids to get their money. The question I fear is, if gangs have gone from alcohol to drugs, what will it be next?
ReplyDeleteVery great blog Hannah!!! I like the way you connected BOTH of these topics to problems we have today. Also I liked your summary typed thing about them. But, you may have needed to critique on these blogs a little more than you did, maybe tell the author what they could do better or what they did good. Good blog overall.
ReplyDeleteHannah, Hannah, Hannah, you write such great blogs! You just go above and beyond with their prezi and your background knowledge! You go Glen Coco!
ReplyDeleteThis blog is very helpful! Great job of connecting the stock market crash of 1929 to the financial crisis 5 years ago. Also good job connecting the gangs of the 1920's to the gangs of today.
ReplyDelete