B Block Social Studies 11 - Today we'll start our look at the Stock Market crash of 1929 and see the long term impacts it had on the Canadian economy. We'll see how material consumption drives the North American economic market and determine what impact losses on the stock market had on consumer confidence (We will not examine Supply-Side economics or Keynesian macroeconomic theory - you should take Mr. Rebitt's classes if you are interested here). We'll try to understand stocks and shares, supply and demand, and the costs of using credit. We'll also look at protectionism and see how it impacts international markets. We'll watch a few Brain Pop videos and take a few notes today. You have only question 1 a & b from page 79 in Counterpoints to work on.
History Channel: the 1929 Stock Market Crash
Susanna McLeod Stock Market Crash 1929 Canada
You Tube Stock Market Crash video
Why is the Stock Market Crash of 1929 relevant today? David Frum explained the link between 1928 and 2008 like this:
Americans assumed
crushing levels of debt in the 2000s to buy expensive homes, homes they assumed
would continue to rise in price forever. In 2007, household debt relative to income
peaked at the highest level since 1928. (Uh oh.) When the housing
market crashed, consumers were stranded with unsustainable debts, and until
those debts are reduced, consumers will drastically cut back their spending. As
consumers cut back, businesses lose revenue. As businesses lose revenue, they
fire employees. As employees lose their jobs, their purchasing power is reduced.
As purchasing power is lost throughout the economy, housing prices tumble
again.
Rinse and repeat.
Since 2008, the debt burden on households has
declined somewhat, partly because of increased saving, mostly because
of mortgage default. But household debts have declined nowhere near enough, and
the pace of household debt reduction is slowing.
The result: slow
recovery of the private economy, weak consumer demand, paltry job growth --
considerably offset by continuing job shrinkage in the public
sector.
A note from Ms. Tancon...I will have the zines marked and back to you by Friday and Wednesday is the last day students have to hand in their 1920's assignments (Decade on a Page and flash cards) for marking.
A note from Ms. Tancon...I will have the zines marked and back to you by Friday and Wednesday is the last day students have to hand in their 1920's assignments (Decade on a Page and flash cards) for marking.
C Block Geography 12 - Today we're going to start our new unit on gradation. We've looked at the process of building up the land through tectonics and energy from below. Now we'll focus on breaking down the surface of the Earth and today we cover "geomorphology". We'll look at some slopes on Google Earth and then you will need to work on questions 2, 5, and 6 from page 442 in your Geosystems text. The United States Geological Survey has a good web page on Landslides here and this flash animation website from the University of Kentucky Geology department will help as well. The Atlas of Canada has a good site on Landslides in Canada.
D Block Criminology 12 - Today we are off to the library for our last blog assignment and I'd like you to tell me about auto theft. I'd like you to look up information on why people steal cars, where in Canada most cars are stolen from, what types of vehicles are most commonly stolen and I'd like you to tell me how much auto theft is actually happening in Canada (rates). Then I'd like you to tell me methods of protection (how to stop your car from being stolen). The Kanetix website below lists the top vehicles stolen in Canada and check out this article on the Macleans website for the article on the top 100 cities for auto theft in Canada. CTV News Vancouver has a short video on the top 10 most wanted auto theft suspects here and the Vancouver Sun did a nice piece on Auto Theft in the Lower Mainland (including interactive maps) here.
Crime Stoppers Bait Car website
Auto Theft Canada
Kanetix.ca Auto theft in Canada
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