TEKS: Chapter 113. Social Studies See All Teacher Resources

113.41.c.16

(16) Economics. The student understands significant economic developments between World War I and World War II. The student is expected to:

• (A) analyze causes of economic growth and prosperity in the 1920s, including Warren Harding's Return to Normalcy, reduced taxes, and increased production efficiencies;
• (B) identify the causes of the Great Depression, including the impact of tariffs on world trade, stock market speculation, bank failures, and the monetary policy of the Federal Reserve System;
• (C) analyze the effects of the Great Depression on the U.S. economy and society such as widespread unemployment and deportation and repatriation of people of European and Mexican heritage and others;
• (D) compare the New Deal policies and its opponents' approaches to resolving the economic effects of the Great Depression; and
• (E) describe how various New Deal agencies and programs, including the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and the Social Security Administration, continue to affect the lives of U.S. citizens.