Tuesday, March 12, 2013

The Great Depression

1. 94% of Americans made how much in one year?
- 94% of Americans made less than $5000.

2. Why is Wall Street important to American business?
- Wall Street is important to American business because the New York stock exchange is located there.

3. If the stock market crash DID NOT cause the Great Depression, what did?
- The causes of the Great Depression were, tariffs and war debt policies that cut down the foreign market of American goods, a crisis in the farm sector, the availability of easy credit, and an equal distribution of income.

4. What of what you read is similar to what is happening in the Great Recession?
- What is similar is that were in debt too and that the government has to cut down on things we need. Some of the causes that caused the great depression are what's causing the great rececssion.




http://www.schenectady.k12.ny.us/users/title3/future%20grant%20projects/Projects/greatdepression/migrantmother.jpg                     http://slimbeleggen.net/wp-content/uploads/2012/08/recessie.jpg?c=4df267d0d381a
      http://goo.gl/dsBB5                                                 http://goo.gl/P1rYh

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