jan 20

1.     What is pooling?

 where a group of people buy stocks and then sell it when they bring the stocks up when it crashes

2.     What was the Federal Reserve Board’s take on the booming stock market?

 can raise and lower interestae rates and that people had all barrowed money but they didnt do anything

3.     What did the Federal Reserve Board do to prevent the crash?

 raised interest rates so people could barrow as much but people still did cuz the stock market went up again

4.     What did Charlie Mitchell and several other Wall Street tycoons try to do to stop the crash?

 by giving money to ppl for cheap intereast

5.     What were the causes of the stick market crash based on the video?

that money wasnt really there and pooling and how people bought in the soledbefore it crashed

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