Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able...
-
Upload
roxanne-dorsey -
Category
Documents
-
view
216 -
download
1
Transcript of Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able...
![Page 1: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/1.jpg)
Do Now: What do you know about the Stock Market or Stocks?
Objectives: Students will be able to...(1) describe how the stock market works (2) analyze a video clip for key information
Agenda: 1. Stock Market2. Stock Market for
Dummies3. Pamphlet4. Crash! (No, not the Dave
Matthews Song)
Homework: Notes on Chapter 22, Section 1 DUE Tuesday (11/13)
![Page 2: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/2.jpg)
Some Key Terms Stock Market: System for buying and selling shares of a company
Stock: Share or Percentage of a Company
Bull Market: Long period of rising stock prices (Lots of buying)
Margin: Buying on margin. Putting down small cash payment ($1,000 for $10,000 worth of stocks)
Broker: Works at market making investments for people
http://money.cnn.com/data/us_markets/
![Page 3: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/3.jpg)
The Stock Market for Dummies You will watch a brief 10 minute clip on how the Stock
Market Works
With three or four other people: You will make a pamphlet someone could use to learn about the Stock Market
The cover can be a drawing or design
The middle two sections must have information answering the following questions: How does a company get on the Stock Market? (Aka, how do
they put stocks up for sale) How do people buy and sell stocks?
The back must be a ‘caution’ – Use the Crash as an example and warn people about some of the hazards of the market
![Page 4: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/4.jpg)
Do Now: Summarize the picture below (Cite specific details)
![Page 5: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/5.jpg)
Objectives Students will be able to...(1)
transfer knowledge about the Stock Market to a class activity (2) explain the basics of the stock market and how it collapsed
Homework: Notes for Chapter 22, Section 2 due THURSDAY (11/15)
![Page 6: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/6.jpg)
CRASH!@!$#$%^$%!@$#%@#$&@$%
Toward the end of 1929 market was running out of new customers
Investors sensed danger and began to sell
Margin Calls: Brokers demanding the money from customers on margin investments
Frantic Selling: Lots of selling + little buying = Drastic drop in prices!
October 24th, 1929: Black Thursday (Enormous Plummet)
![Page 7: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/7.jpg)
Groucho Marx Actor who made a small fortune and invested
in the stock market only to end up in debt described his broker the last time he went to see him: He was sitting in front of the now-stilled
ticker-tape machine, with his head buried in his hands. Ticker tape was strewn around him on the floor, and the place…looked as if it hadn’t been swept out in a week. Groucho tapped him on the shoulder and said ‘Aren’t you the fellow who said nothing could go wrong?’ ‘I guess I made a mistake,’ the broker wearily replied. ‘No I’m the one who made the mistake,’ snapped Groucho.’ ‘I Listened to you.’
Quoted in 1929 after the Great Crash
![Page 8: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/8.jpg)
Black Tuesday
October 29th, 1929
Stocks lost $10-15 BILLION in value that day
By mid-November, $30 billion lost (Almost as much as total wages earned by Americans in 1929)
Stock Market collapse not the major cause of Depression, but strongly hurt economy
![Page 9: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/9.jpg)
Banks Banks lent money to speculators
Eventually defaulted on loans
Banks invested depositors money Lost money they invested
Banks couldn’t afford to give loans Result: People/Businesses
couldn't’t borrow money, which put economy in recession
Large number of people went to withdraw money and banks ran out
![Page 10: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/10.jpg)
Cyclical Effect
![Page 11: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/11.jpg)
People bought things on Installment Plans (Pay in small increments)
Later on, people stop buying things Companies don’t make $ Companies can’t pay workers people get laid off people don’t buy things
![Page 12: Do Now: What do you know about the Stock Market or Stocks? Objectives: Students will be able to...(1) describe how the stock market works (2) analyze.](https://reader035.fdocuments.net/reader035/viewer/2022070415/5697bf771a28abf838c8143b/html5/thumbnails/12.jpg)