Well today is my birthday!! But in history we went over how to get to the book e edition. We also started to watch the crash. This is a movie that talks about the stock market crash.Today was the blog dissection. We started talking about the stock market crash and the great depression.Causes of the stock market crash.~ People stopped buying things.~ People would buy too much and they would go into debt.~ People lost faith in the economy.~ The wealth income didn’t help because the rich is getting richer and the middle class people were mostly wiped out.~ Stocks were over priced.~ People would use fraud and illegal activity.~ The Federal Reserve Policy was bad because it dint work. They kept giving money to people that could not pay it back.Effects~ People lost jobs~ Banks failed to stay open~ Unemployment rate went up~ Economic problems moved to Europe.I think that what people did was bad. It was bad because people were greedy.The crash of 1929 video~ What is pooling?~ What did the Federal Reserve do to help?~ What caused the crash based on the video?
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