Today we were given the topic that we would be doing a project on. The two topics i have t make a power point about are the Federal Deposit Insurance Corporation and Franklin Roosevelt's background. Bruns told us that we were going to have a WTL quiz tomorrow where we would have to answer two questions. Why did the stock market crash and causes of the great depression. We continued our group discussion today from where we left off last week.We discussed some of the causes of the great depression:people were buying on margin.wealth was unevenly distributed thru the population.industry and agriculture overproduce.government pursues unseccessful economic policies- tariffs/war debts.stock market crash leads to financial panic.Results:people suffer widespread unemployment , homelessness, hunger, and poverty.industrial and farm production fails.economic crisis spreads to rest of the world.Roosevelt establishes the New Deal.democrats win presidential election of 1932.
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