Good Morning!! 1.NVC 2.Inflation-o-Rama! Essential Question: How did the global economic downturn play out from 1914 to 1929 Homework: Stalin DBQ Prompt.

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Presentation transcript:

Good Morning!! 1.NVC 2.Inflation-o-Rama! Essential Question: How did the global economic downturn play out from 1914 to 1929 Homework: Stalin DBQ Prompt DUE FRIDAY!

Inflation-o-Rama!

Directions Today’s activity is meant to SIMULATE the global economic situation post-WWI. This era was characterized by INFLATION, where the price of goods went UP but the value of money went DOWN For each round, you will seek to accumulate the most points possible for your country through buying FOOD, MEDICAL SUPPLIES, WEAPONS, and INFRASTRUCTURE

1914 “It is The great empires of the world are flourishing. They are competing with each other over who is best.”

Buy things! Food (+1 Point) – France: 1 Franc – Germany: 1 Mark – America: 1 Dollar Medical Supplies (+5 Points) – France: 5 Francs – Germany: 5 Marks – America: 5 Dollars Weapons(+12 Points) – France: 10 Francs – Germany: 10 Marks – America: 10 Dollars Infrastructure (+10 points) – France: 10 Francs – Germany: 10 Marks – America: 10 Dollars

1919 “It is WWI has just ended. The major European nations are BANKRUPT! The Treaty of Versailles has been signed, forcing Germany to pay for the entire war.”

New Rules! 1.Germany CANNOT buy WEAPONS! 2.Germany MUST give money to France if France asks for it (10 Marks at a time)

Buy things! Food (+1 Point) – France: 10 Franc – Germany: 100 Mark – America: 1 Dollar Medical Supplies (+5 Points) – France: 50 Francs – Germany: 150 Marks – America: 5 Dollars Weapons(+12 Points) – France: 100 Francs – Germany: N/A – America: 10 Dollars Infrastructure (+10 points) – France: 100 Francs – Germany: 400 Marks – America: 10 Dollars

1924 “It is The Dawes Plan has just been signed. America has stepped in to stabilize the world economy, loaning Germany the money it needs to pay off its debts.”

New Rules 1.Germany STILL CANNOT buy WEAPONS 2.Germany MUST give money to France if France asks for it (10 marks at a time) 3.Germany CAN get money from the United States (10 dollars at a time)

Buy things! Food (+1 Point) – France: 3 Franc – Germany: 3 Mark – America: 1 Dollar Medical Supplies (+5 Points) – France: 15 Francs – Germany: 15 Marks – America: 5 Dollars Weapons(+12 Points) – France: 25 Francs – Germany: N/A – America: 10 Dollars Infrastructure (+10 points) – France: 25 Francs – Germany: 25 Marks – America: 10 Dollars

1929 “It is The Great Depression has just struck America. The American economy collapses All American financial support to Europe stops. ”

New Rules 1.Germany STILL CANNOT buy WEAPONS 2.Germany MUST give money to France if France asks for it (20 marks at a time) 3.Germany CANNOT get money from the United States anymore

Buy things! Food (+1 Point) – France: 30 Franc – Germany: 400 Mark – America: 20 Dollar Medical Supplies (+5 Points) – France: 120 Francs – Germany: 1000 Marks – America: 100 Dollars Weapons(+12 Points) – France: 220 Francs – Germany: N/A – America: 200 Dollars Infrastructure (+10 points) – France: 220 Francs – Germany: 2000 Marks – America: 200 Dollars

Exit Ticket What country were you? How was your country effected by the global economic downturn each round? (if you were a dealer, please write what you noticed changing each round). OR Do you think this simulation was effective in teaching what inflation was like after WWI? Why or why not?

Economic Crisis and WWII