Tuesday, March 12, 2013

The Great Depression- BAM!

Reading: http://goo.gl/OxI3k

The Great Depression. (http://hcchistory136.wikispaces.com/file/view/great-depression2soup%20line.jpg/375488892/great-depression2soup%20line.jpg)
The Great Recession. (http://capitalogix.typepad.com/.a/6a00e5502e47b28833013487b6817c970c-800wi)

Essential Questions:
1)94 % of Americans made how much in one year? 
-94% of Americans made from $0-$4,999 per year. 
($1,999 and under per year) ($2,000-$4,999 per year)
2)Why is Wall Street important to American business?
-Wall Street id important to American business because of the stock markets.
3)If the stock market crash DID NOT cause the Great Depression, what did?
-If the stock market crash did not cause the Great Depression then tariffs and war debt policies that cut down the foreign market for American goods, a crisis in the farm sector, availability of easy credit, and unequal distribution of income.   
4)What of what you read is similar to what is happening in the Great Recession?
-From what I read we still have issues of goods, income, and other things that are unresolved. The Great Depression still has problems that relate to the Great Recession. 

No comments:

Post a Comment