Thursday, March 14, 2013

The Great Depression

1. 94% of Americans made how much in 1 year?

94% of Americans made under $5,000 in one year.

2. Why is Wall Street important to America business?

The New York stock exchange was located on Wall Street.

3. If the stock market crash DID NOT cause the Great Depression, what did?

* Tariffs and war debt policies that cut down the foreign market for American goods.
* A crisis in the farm sector
* The availability of easy credit
* An unequal distribution of income

4. What of what you read is similar to what is happening in the Great Recession?

A lot of unemployed people and families going on bankrupt and becoming poor.

http://goo.gl/l8ZhZ
http://goo.gl/fq8kO

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