we got an assigned blog:Pick any aspect from Ch. 14/15 on the Great Depression that interests you that you didn't already research for your project.
presentations:
1.causes of the crash of the stock marekt and the great depression
stock market/exchange: a particular market where stocks and bonds are traded great depression- the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930's millionaires went bankrupt overnight, those who risked it all lost it all
causes of the stock market crash
djia- Dow Jones industrial average
uneven sharing of wealth- 1% of the population controlled the majority of the wealth
wages couldn't keep up with production-
heavy increase of gambling and buying on stocks
business cycle-
tight money policy- government raised interest rates caused less buying(by consumer)
buying on margin-buy now pay later(with interest) on stocks
less than 5% of people were involved in the stock market
making too much or not enough products
giant gap between the rich and the poor
shady banking over expansion of using credit
debt
overproduction of farm goods, more supply price drops
government laissez-faire- couldn't do anything to stop the drop of the stock market
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