Friday, March 15, 2013

The Great Depression

1.                  94% of Americans had how much income in one year?
most americans had an income of less than $5000 a year

2.                  Why is Wall Street important to American business?
wall street was important because that is where the New York stock exchange is which is where companies sold their stocks.


3.                 If the stock market crash did NOT cause the Great Depression, what did?
somethings were tariffs and war debt policies that cut down foreign marckets. also a crisis in the farm sector. the availability to get easy credit for people who couldnt pay back. lastly an unequal distribution of income


4.                  What of what you read is similar to what is happening in the Great Recession?
one major thing is that their is a lot of people out of work right now as well as back then.
http://goo.gl/OQ6iJ

http://goo.gl/XetQc






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