Today we talked about the economic climate of the 1920s. We saw how people obsessed over "Keeping Up with the Joneses" in order to appear wealthy. We talked about how this was driven by the media, and resulted in a booming economy (because people were spending money). We looked at the Stock Market, and talked about how its crash created a domino effect with the banks, brokers, and average Americans.
Your homework tonight is to read the background essay you were given in class. Tomorrow we will finish our economics discussion before starting a little project.