Tuesday, March 12, 2013

The Great Depression - BAM!

Reading: http://goo.gl/OxI3k - Essential Questions:

1. 94% of Americans made how much in one year?
- 94 percent of Americans made $2,000 a year.
2. Why is Wall Street important to American Business?
- Wall Street is important to business because of stock markets, and the stock markets are the only visible symbol of prosperous American economy.
3. If the stock market crash DID NOT cause the Great Depression, what did?
  • Tarrifs/War debt policies that cut for foriegn market for American goods
  • A crisis in the farm department
  • The availability of easy credit
  • An unequal distrubution of income
4. What of what you read is similar to what is happening in the Great Recession?
-

No comments:

Post a Comment