Kitty Pryde-Barton (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
throughaphase) wrote in ![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png)
fandomhigh2013-09-29 08:59 pm
throughaphase) wrote in fandomhigh2013-09-29 08:59 pm
Entry tags:
Modern American History- Monday- 2nd period
Right. So. Last night had caused a lot of television feels, and then today when Kitty woke up, she pretty quickly figured out that it was one of those weeks. Which would be fine, if it wasn't for the fact that today she had to talk about the Great freaking Depression.
Which was why the students were in an actual classroom today, because the brain could only take so much and programming the Danger Shop to something probably depressing just wasn't happening.
"We're up to the 30's, which is as a decade, kind of a bridge between terrible events," Kitty said, passing out today's handout. "The twenties were this time of huge excess, and everyone really thought that everything was going great and that it would always stay that way. Then Wall Street started having issues, and the stock market started taking a tumble. On Black Tuesday, in October of 1929, it crashed outright, and everyone freaked out, started selling off their shares so they didn't lose all their money, which caused even more problems, and that's how you get the ten year-long Great Depression. Well, there are a few reasons for it, which are on your handout, but I'm trying not to be boring. Prices dropped, tax revenue dropped, wages dropped, unemployment was rampant, people weren't spending so the economy couldn't get kickstarted again... If you were here in 2008 when the banks were terrible and the economy crashed, know that it really could have been worse. Not to mention, ther were droughts and dust storms that ruined farmlands in the prairie states and Canada, and a lot of people had to leave their farms and migrated to other states. Oh, and if you didn't think America in the 30's was sad enough, we also had a hurricane in New England that killed in the ballpark of seven hundred people and the Hindenburg exploded.
"Things started bouncing back around 1933, though there was another recession that ended up halting it for a while, and if you ask why exactly it came back, you'll get a few different answers. People credit The New Deal, President Roosevelt's plan to get us back on our feet, though others think that actually set us back a bit. And it's possible that World War II is what really got us going again, because we had to spend money to be involved in the war, and it actually did help with unemployment. Because oh, yeah, we'd spent the last couple decades becoming a world power. So when our economy crashed, so did everyone else's. This allowed for changes in other countries, such as the Nazi party to get to power in Germany, starting World War II in 1939."
That's right, kids. Think sexy thoughts now that Nazis had been brought up.
"I'm gonna let you guys go early today, mostly because I feel bad that next week is just going to be a class period of me ranting," Kitty admitted. Also, she wasn't sure anyone was going to concentrate on a discussion. "Seriously, wear something comfortable, I can go on about it."
Which was why the students were in an actual classroom today, because the brain could only take so much and programming the Danger Shop to something probably depressing just wasn't happening.
"We're up to the 30's, which is as a decade, kind of a bridge between terrible events," Kitty said, passing out today's handout. "The twenties were this time of huge excess, and everyone really thought that everything was going great and that it would always stay that way. Then Wall Street started having issues, and the stock market started taking a tumble. On Black Tuesday, in October of 1929, it crashed outright, and everyone freaked out, started selling off their shares so they didn't lose all their money, which caused even more problems, and that's how you get the ten year-long Great Depression. Well, there are a few reasons for it, which are on your handout, but I'm trying not to be boring. Prices dropped, tax revenue dropped, wages dropped, unemployment was rampant, people weren't spending so the economy couldn't get kickstarted again... If you were here in 2008 when the banks were terrible and the economy crashed, know that it really could have been worse. Not to mention, ther were droughts and dust storms that ruined farmlands in the prairie states and Canada, and a lot of people had to leave their farms and migrated to other states. Oh, and if you didn't think America in the 30's was sad enough, we also had a hurricane in New England that killed in the ballpark of seven hundred people and the Hindenburg exploded.
"Things started bouncing back around 1933, though there was another recession that ended up halting it for a while, and if you ask why exactly it came back, you'll get a few different answers. People credit The New Deal, President Roosevelt's plan to get us back on our feet, though others think that actually set us back a bit. And it's possible that World War II is what really got us going again, because we had to spend money to be involved in the war, and it actually did help with unemployment. Because oh, yeah, we'd spent the last couple decades becoming a world power. So when our economy crashed, so did everyone else's. This allowed for changes in other countries, such as the Nazi party to get to power in Germany, starting World War II in 1939."
That's right, kids. Think sexy thoughts now that Nazis had been brought up.
"I'm gonna let you guys go early today, mostly because I feel bad that next week is just going to be a class period of me ranting," Kitty admitted. Also, she wasn't sure anyone was going to concentrate on a discussion. "Seriously, wear something comfortable, I can go on about it."
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