Today we went over blog discusions again..Each student will be assigned one of the following topics:1. Causes of the Stock Market Crash :-busimesses loose money and fail- banks fail- savings are wiped out- businesses lay off workers- unempolyment riases- people stop spending- great depression sets in- depression started in the world everywhere2. Causes of the Great Depression- people stop buying things because they run out of money.- so companies loose money- companies lay off people.- people cant get money with out job.- less people less jobs.- more companies loose money.- Repeat.New Deal: giving money to companies to try to higher people to try and get economy back.Over production.banks that didnt fail wouldnt give out loans. so then businesses would failhigh tax on imported goods.Plus one of these topics:1. 1928 Election(466)Hoover (R) Vs. Smith (D)- Hoover - Smith*WON *against prohibition.*it was time for change. He was R. * Catholic*2. Stock Market in the 1920's(466-468)- rose alot.- Dow Jones : 30 biggest companies indicators.3. Story of the stock market crash-not the causes(467-469)-4. Banks and business' collapse(469)- banks gave loans and when they were going to collect the money from people nobody had money to give them so the banks didnt have money and failed (9 thousand)- businesses were over producing and nobody would buy them (90 thousand) so the laid people off, they didnt have money, so they couldnt buy anything. more businesses failed.5. Effect stock market crash had on other countries(469-471)- depression spread to those countries so the had the same thing happen to them.6. Depression in the cities(472-473)- it sucked. people lost jobs and didnt have money to make payment. lots of poor people.- racism. colored people were "stealing" whites jobs.- bread lines. people to go get cheap food (soup kitchens.)7. Depression in the rural areas(473)- didnt have as many effects.- could grow own food- were in debt from over production and land going bad.- had to move.8. Dust Bowl(474)9. Men in the Streets(475)10. Women struggle to survive(475-476)11. Children suffer hardships(476)12. Social and psychological effects(477)13. Hoover's background14. Hoover's philosophy/Cautious steps(479)15. Boulder Dam(480)16. Democrats win 1930 Congressional elections(480)17. Hoover takes action(481)18. Bonus Army(482-483)Then we had more work time.And then
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