Tuesday, March 12, 2013

the great depression - BAM!!

1) 94% of americans made how much in one year?
A) less than 2,000 dollars.

2) why is wall street important in american business?
A) it let people who had just a little bit more money invest in a stock which is a share in ownership in a business.

3) if the stock market crash  DID NOT cause the great depression, what did?
a) war debt cut down the forign market for america, farm sectors were in crisis, credit was easily accessable, income distribution was unequal.

4) what of what you read is similar to what is happening in the great recession?
A) well many people are going into debt because of the easy acessability to credit, war is not doing any good for us and is threatinning trades with other countries, and the working class is not getting enough money because th rich are getting richer while the working class is struggling with money.

http://goo.gl/QX6ar
http://goo.gl/VgdwT

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