Monday January 18

Today in class we reviewed the stock market crash then went on to talk about last week’s blog more and about the movie.When the Stock market went down on Thursday but the titans helped to get it back up. However on Tuesday it fell crashed and the titans put everything they had into it. One guy made millions and the rest lost it all but another regained it.One cause of the Great Depression was the high tariff rate. The Drought in Mississippi river valley caused many to go broke because they couldn’t farm. Businesses failed because people were in debt and people weren’t buying.Mr. Bruns put up his list1. Uneven distribution of wealth2. Debt because of buying on margin3. Overproduction of goods4. Old and decaying industrial base makes us less competitive5. Unsuccessful economic policies (high tariffs)6. Stock market crashThen we started talking about the New Deal project. I have culture of the 1930’s. I also have the Federal Housing Administration. For this include:-year passed-what it specifically did(give examples)-was it successful overall(explain)-is it still around today
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