Bonus expidtionary force, marched to Washington D.C. they set up tents and sat stayed there, wanted money for being veterans, they were trying to get a bill passed for it. When the bill didnt pass they still stayed there. The brought in military and used them to get rid of the veterans using tear gas and so on. As long as there's demand prices will raise stock prices which is good. When lots of people buy stocks from a company it makes them worth them. When stock prices fall people tend to panic and sell all their stocks and this drops the stocks a lot even more. People had massive debts in the 20's the Federal reserve raised interest rates. THis made people not wanna by stuff even more, so overall it hurt the economy more. The stock market crash was the main reason for the Great Depression, it caused banks and businesses to close down made people lose a lot of money, farms shut down and pretty soon many people lost their jobs. Laissez Faire made so the government didnt intervene in the economy so monopolies were formed. High tariffs were passed to make it so people would only buy american goods. BUt this only made it worse because it cut out world trade. ANd now were done with blog discussions and were moving on to our project this will last the rest of the period. THe project is due next week supposedly wednesday. My topic for the project is The Securities and Exchange Commsion(SEC) and defecit spending.
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