January, Thursday 16th

1. What were the causes of the Great Depression?

Stock market crash, bank failures, surviving banks didn't give out loans as easy, over production under-consumption, american economic policy with Europe, 

2. What impact did the stock market crash and Great Depression have on the lives of people in the United States?

lost 14 billion dollars in one day, 30 in one week, lots of panic, steel at all time low, construction was sluggish, nothing needed to be built, high debts and easy credit, unemployment, vicious cycle was people losing money so they ended up losing everything because they had to sell it 

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