Jan 15th 2010

Today we watched the viedo again.The crash of 1929 videowhat caused the crash?buying on credit, the federal reserve system raised interest rates, uneven wealth between people, companies were not making money, buying stocks on credit,overspeculation during the 1920's, banks lent too much money and everyone tried to sell out when they found out the company was going downwhat is pooling? to buy a stock so the price of that stock goes up so that you make money off of itwhat did the federal reserve board do during this situation? they raised the interest rates.
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