Today is the blog discussion. Over last week and this weeks blog topics.What is pooling?When a group of workers buy a huge amount of stock which causes them to bump up the stock and then sell it.Federal Reserve Board?They realized that the stock was majorly inflated... Raised interset rates so that less people would borrow moneyFirst Black Thursday?12.9 millions shares but then went back up on friday Then eventually crashed on tuesdayWhat are the causes of the Great Depression?The droughtHigh tariffsbusinesses fail due to people not buying productsPeople in debtWealth is unequally distributed among the populationMany people go into debt on installment plansOld and decaying industrial base makes US industry less competitiveIndustry and agriculture overproduceGovernment purses unsuccessful enconomic policies (tariffs and war debts)Stock market crash leads to finacial debtPostponing blog discussion to tomorrow so we can assign projects.I have the CCC
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