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(1.2.

f) SWBAT identify
and analyze causes
and effects of the
economic recession of
the 1970s.

DOL: Given an exit


card (80% accuracy)
SW 1. Answer 3
multiple choice
question. 2. Write a
SEEC paragraph on the
following topic:
Effects of the
recession of the 1970s
T-EQ: Why did we have
a recession in the
United States during
the 1970s?
O-EQ: What were the
implications of the 1970s
recession on American
society?

Title: 1970s Recession

Date: April 1, 2015

Write down the


Topics Essential
Question.

Create a Academic
Language section
Beneath the T-EQ

(1.2.f) SWBAT identify


and analyze causes
and effects of the
economic recession of
the 1970s.

DOL: Given an exit


card (80% accuracy)
SW 1. Answer 3
multiple choice
question. 2. Write a
SEEC paragraph on the
following topic:
Effects of the
recession of the 1970s

0-5: Economic Recession?

Negative GDP- when the

T-EQ: Why did we have


a recession in the
United States during
the 1970s?
O-EQ: What were the
implications of the 1970s
recession on American
society?

3 consecutive quarters (9
months) of Negative Gross
Domestic Product.

amount of money the U.S.


brings in is less than the
previous month.

The 1970s was a time of


economic recession, causing
many different impacts on
every day life.

TWS - Predict
What are ways that
an economic
recession (downturn)
can impact American
life? Justify.
CHALLENGE! How
might an economic
recession impact
single people and
families differently?
Explain!

(1.2.f) SWBAT identify


and analyze causes
and effects of the
economic recession of
the 1970s.

DOL: Given an exit


card (80% accuracy)
SW 1. Answer 3
multiple choice
question. 2. Write a
SEEC paragraph on the
following topic:
Effects of the
recession of the 1970s
T-EQ: Why did we have
a recession in the
United States during
the 1970s?
O-EQ: What were the
implications of the 1970s
recession on American
society?

The US economy began to


shrink in the late 1960s into the
1970s

The recession of the mid-1970s


was the worst economic growth
since the Great Depression

This recession was namely


caused by the following:
1.

High Inflation

2.

Increased international
competition
More globalized markets

3.

Heavy dependency upon foreign


Oil
OPEC

(1.2.f) SWBAT identify


and analyze causes
and effects of the
economic recession of
the 1970s.

DOL: Given an exit


card (80% accuracy)
SW 1. Answer 3
multiple choice
question. 2. Write a
SEEC paragraph on the
following topic:
Effects of the
recession of the 1970s
T-EQ: Why did we have
a recession in the
United States during
the 1970s?

0-5 Inflation?
A general increase in
prices and fall in the
purchasing value of
money
Often caused by scarcity
of goods/services that drives cost up

Resulted from L.B.Js funding of the Vietnam


conflict in addition to his Great Society social
programs

Drove down the value of the dollar and caused


prices to soar higher than people could afford

O-EQ: What were the


implications of the 1970s
recession on American
society?

(1.2.f) SWBAT identify


and analyze causes
and effects of the
economic recession of
the 1970s.

DOL: Given an exit


card (80% accuracy)
SW 1. Answer 3
multiple choice
question. 2. Write a
SEEC paragraph on the
following topic:
Effects of the
recession of the 1970s

As a result of these
factors, the US economy experienced a number of
harsh economic conditions

T-EQ: Why did we have


a recession in the
United States during
the 1970s?
O-EQ: What were the
implications of the 1970s
recession on American
society?

These conditions included:


Stagflation
Energy Crisis

Overall, these factors contributed to a growing


economic downturn that lasted through the 1970s
and part of the 1980s

(1.2.f) SWBAT identify


and analyze causes
and effects of the
economic recession of
the 1970s.

DOL: Given an exit


card (80% accuracy)
SW 1. Answer 3
multiple choice
question. 2. Write a
SEEC paragraph on the
following topic:
Effects of the
recession of the 1970s
T-EQ: Why did we have
a recession in the
United States during
the 1970s?
O-EQ: What were the
implications of the 1970s
recession on American
society?

0-5 stagflation
An economic condition
marked by both
inflation and high
unemployment.

Foreign competition led


to a decrease in US
business income.
Unemployment rates in

the US began to
increase

TWS Hypothesize
What policies could help
stop stagflation to get the
economy growing again?
Justify.
CHALLENGE! Why is
unemployment such an
important thing to
consider when analyzing
an economy like the
United States? Explain!

Think about the problems


unemployment causes.

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