Today we had discussion over the video and blogs. We also went over the video questions. We got write to learn questions. – What was the cause of the stock market crash? October 24, 1929.Everyone was in debt, people couldn’t buy anything, over speculation, too many goods on the market, and everyone was selling instead of buying. The other question was what were the causes of the Great Depression? After a while we talked about the causes of the Great depression. They stopped buying goods because they were in debt. Banks were closing. Basically stuff we have gone over already. Here are some more causes:- Wealth is unequally distributed among the populations- Many were going into debt on installment plans- Industry and agriculture overproduce- Government pursues unsuccessful economic policies: tariff/ war debts- Stock market crash leads to financial panic: speculationTariff- a tax on imported goods. This was used so that Americans would by American goods. We put high tariff on our goods to sell to other countries. They then did the same to us. This was so supposed to help us get out of the depression, but instead it back fired. This just made things even worse.Later on Mr. Bruns talked about the project that we are going to be starting. We are now going to be learning about the New Deal. It is an individual project. You will be making a power point/Google docs/zoho and presenting to the class. You want to have nice visuals and speak up. Google docs are an online power point. We were assigned our topics. Mine is The Civilian Conservation Core also known as the CCC.
Comments