Thursday, May 21, 2015

Thursday 21st of May

Hi everybody!

Today in the class of Social Sciences we have started a new unit:

The Interwar Period (1919-1939)
  1. The U.S.A: from the "Roaring Twenties" to the Great Depression
  2. Fascist Italy
  3. Nazi Germany

Before the class started, I have gone to the secretary's office to phone my parents because I have missed my glasses at home. Then, when I have arrived to class, everybody was discussing about the day to take the exam of this unit and finally we have decided to take it on the 9th of June.
After all this, we have started with the first point of the unit.

Today I have learnt that after WW1, the USA became the most important economic power in the world and the most important creditor of the European countries because the USA's productive system was intact after the war. They were the owners of half of the gold reserves and their currency, the dollar, became the predominant one in international trade.

The American way of life became a model. The USA attracted thousands of immigrants under the motto: "USA, land of opportunity" or "There's no way like the American way"


                                         http://allenbwest.com/2014/07/truth-american-way/

Then, Paqui has explained us that consumer society spread a lot thanks to installments and credits, while in Europe they were trying to recover the economy. But all wasn't as perfect as it seems because a lot of people were still living in poverty.

Later Paqui has explained us that between 1919 and 1933 the production sale and consumption of alcohol were forbidden because of the Prohibition. As the members of the parliament were so puritanical they approved the Prohibition, but this only caused the discontent of the citizens and the extraordinary development of the mafia and famous figures like Al Capone.



      Men againt the Prohibition                                                                         Alcapone
  http://www.realbeer.com/blog/?p=86                                                http://forum.joomla.hr/index.php?topic=4062.0



                                                      Women in favour of the Prohibition
                                            http://thecanberran.com/2013/08/16/dry-bars-the-pubs-with-no-beer/
   

After this, we have talked about racism in that period and that even if slavery was forbidden after the Civil War, many black people continued to be discriminated and they were hounded by the Ku Klux Klan, a racist organization related to white supremacism, whose members wore costumes similar to the ones used in Spain to celebrate the Holy Week. Nowadays they continue to exist in the south states of the USA.


                                                         Members of the Ku Klux Klan
                                                      http://ro.wikipedia.org/wiki/Ku_Klux_Klan

To end with the class we have talked about the symptoms of crisis. There was a huge demand for all kind of products, for example: farmers bought more land to increase production. Many people invested in the Stock Market because getting loans was very easy.

  •  Real estate bubble: a lot of houses were built and easily sold, but the prices increased due to the high demand.
  • Stock Market bubble: many people invested money without any knowledge of economics. Stock prices increased a lot due to the high demand
So, the first symptoms of crisis appeared:

  • High debts to keep high levels of production and consumption (Cash-flow problems)
  • When the European started recovering, there was a contraction of the demand for USA products and an overproduction crisis started: products couldn't be sold, stocks started accumulating, farmers couldn't give their loans bank...
  • No correspondence between the real economic situation of the companies and the value of their stocks in the Stock Exchange Market (Stock Exchange bubble)


                                                             Stock Market crash, 1929
                                   http://storiesofusa.com/great-depression-causes-new-deal-1919-1939/

When the bell has rang, Paqui has given us homework: the exercises 1, 2 and 3 of the page 72

That's all for now! See you in class!

Words copied on the glossary:

Roaring: rugiente
To roar: rugir
Roaring Twenties: felices años 20
Interwar: entreguerra
Real estate: inmobiliaria 
Stock Exchange Market: bolsa de valores
Pound: libra
In instalments: a plazos
Banking loans: créditos bancarios
Washing place/site: lavadero
Prohibition: Ley Seca
Speakeasy: bar ilegal
Temperance League: Liga de Abstinencia 
To tax: gravar con un impuesto
To hound: cazar
Hound dog: perro de caza
Foreclosure: desahucio





4 comments:

Pablo said...

Very complete journal with a lot of pictures! Great job!!

Everytime I read or listen about the Ku Klux Klan it reminds me to this Ramones' song:

https://www.youtube.com/watch?v=hT1OKo1rT84

Carla García Sánchez-Rojo said...

Hi Pablo!

I'm glad you like my journal. I've spent a lot of time doing it. I have just heard the song and I really like it! Thanks a lot for sending me the link. I have also read the lyrics and the're very curious, the writer's girlfriend being kidnapped by the KKK when she was going to the L.A...

A lot if time ago I heard the KKK's official song and I think that I have found it:
https://www.youtube.com/watch?v=Wp9eOy9OZgM

See you in class!!

Paqui Pérez Fons said...

Hello,

Good work! I didn't know any of the songs you have talked about. If you want to read something else about the KKK clothes, here you have another post written by Roxana (a student who is in 2º Bachillerato) two years ago. You will discover that a film had a lot of influence on the KKK clothes:

http://todayinsocialsciences.blogspot.com.es/2013/03/27th-march-2013.html

Bye!

Paqui Pérez Fons said...

Hello again,

These are my corrections: some spelling mistakes mainly:

Before the class started, I have gone to the secretary's office to phone my parents because I have missed my glasses at home. Then, when I have arrived to class, everybody was discussing about the day to take the exam of this unit and finally we have decided to take it on the 9th of June.
After all this, we have started with the first point of the unit.

Today I have learnt that after WW1, the USA became the most important economic power in the world and the most important creditor of the European countries because the USA's productive system was intact after the war. They were the owners of half of the gold reserves and their currency, the dollar, became the predominant one in international trade.

Later Paqui has explained us that between 1919 and 1933 the production sale and consumption of alcohol were forbidden because of the Prohibition. As the members of the parliament were so puritanical they approved the Prohibition, but this only caused the discontent of the citizens and the extraordinary development of the mafia and famous figures like Al Capone.
After this, we have talked about racism in that period and that even if slavery was forbidden after the Civil War, many black people continued to be discriminated and they were hounded by the Ku Klux Klan, a racist organization related to white supremacism, whose members wore costumes similar to the ones used in Spain to celebrate the Holy Week. Nowadays they continue(d) to exist in the south states of the USA.
To end with the class we have talked about the symptoms of crisis. There was a huge demand for all kind of products, for example: farmers bought more land to increase production. Many people invested in the Stock Market because getting loans was very easy.


• Real estate bubble: a lot of houses were built and easily sold, but the prices increased due to the high demand.
• Stock Market bubble: many people invested money without any knowledge of economics. Stock prices increased a lot due to the high demand
So, the first symptoms of crisis appeared:

When the European started recovering, there was a contraction of the demand for USA products and an overproduction crisis started: products couldn't be sold, stocks started accumulating, farmers couldn't give their loans bank...
• No correspondence between the real economic situation of the companies and the value of their stocks in the Stock Exchange Market (Stock Exchange bubble)
• When the bell has rang, Paqui has given us homework: the exercises 1,2 and 3 of the page 72

• That's all for now! See you in class!

• Words copied on the glossary:

• In instalments: a plazos
• Foreclosure: desahucio•

Bye!