today mr. bruns went over what we talked about yesterday for reveiw, and then we started talking about...
banks and businesses collapse: approx. 9 thousand banks failed. banks closed because they used the peoples money and when the stocks failed they
stock market crash- 16.4 million stocks traded, all being sold, none bought
banks and businesses collapse- banks would close because banks were investing peoples money into stock market, when it crashed they lost a lot of money, handing out loans lost
Today we are doing blog discussions.
First we reviewed the stock market crashed that we discussed yesterday.
Banks and Businesses Collapse-
Banks-
The banks were investing people's money in the stock market without permission. When the stock market crash
Today we continued with more blog discussions starting with Banks and Businesses Collapse:
Today we did blog discussions, over 11000 banks failed during the Depression. When banks failed during the Depression everybody lost their savings. Trading of products was down a lot this made people lose their jobs. 25 % of americans didnt have job
Blog discussions today!
1928 presidential elections - Herbert Hoover and L. Smith. It was Hoovers first time running. Before he ran he was a stay at home nurse. Al Smith was a governer of California. Big issue was Coolidge was anti prohibition. Hoover
banks were investing stocks with out peoples permission
Today we are doing more blog duscussion and adding to our notes!
Notes:
~Story of the stock market crash.
The electronic ticker got behind and people didnt know the recent prices of stocks.
People were worried and began selling their stock as rapidly a
Blog Disscution.
Banks and Buisnesses-Stock market crash started it, banks were closing down, and putting peoples money into the stock market without the peoples permission, so when people would go to the bank to get money, they woudlnt have it anymor
okayy, so i missed eli finishing up his blog cause my computer wouldnt work. (its blog discussion day)
now bruns is going over banks and businesses. thousands of banks closed. over 9000 banks went bankrupt from like 1929 to 1932. the great depression
We started talking about yesterdays blog discussion and now we are doing today discussion.
Eli talked about the story of the stock market crash it was just a review.
Whitney is talking about bank failure she said over 9000 banks closed down. Mr Bruns
600 - 11000 banks closed because the government was not able to to pay the banks so if you did not get to the banks in time you lose all of there money.
people dont spen , business dont make money lay people off / close down
90,000 compineys closed
banks and business collapse
banks were investing money into business which failed so the banks lost all there money and couldn't give people the money they were storing there.
banks also were giving out lots of loans which they could not pay back.
11000
Today, in class, we talked about our blogs!! yayy.
Someone talked about how the banks collapsed after the stock market crashed. The Federal Reserve Bank was created to help prevent banks from closing down, but it failed miserably. Banks would turn to
-Blog Discussion.
Review: Stock market crashed on Tuesday. Record of 12.6 million stocks sold. During the weekend between Thursday&Monday, pepole
-Banks and buisnesses collapse.
*Stock market crashed&that caused problems.
*A lot of banks were handing o
Today, we had more blog discussions over the Great Depression...
*Banks and Businesses Collapse: the stock market crashed causing people to lose their money...(banks were investing their money into the stock market....they were also handing out loans
We are doing a blog discussion.\
Brittney started by talking about the 1928 election and Hoover and Smith were running. Smith was a catholic and the u.s. was very anti-catholic. Hoover won the election by a landslide because he wanted to keep his fori
blog disscussion
campain issuses
didnt elcetice al smith because ppl were affraid of that the pope would run are country because he was chatolic
rebublicans were the party of change and reform
some of the south states who never voted rebulican did at th
Al Smith was catholic.. and John F. Kennedy was the only Catholic President..
by 1928 the stock market was still booming.. Hoover won some of the democratic states in the south.. and that was surprising becoz they were in the south, and in South Caro
