Great Depression Part 1 Review
Directions: Under each complete the phrase, answer the question, fill in the blank, or define the definition.
How did Herbert Hoover win the election of 1828?
Because of his past accomplishments and with optimism over the economy.
What things were going on in the 20’s that lead to the Great Depression?
Debt between farmers, uneven distribution of wealth, credit, and the stock market crash.
What was Black Tuesday? How did it happen?
Americans lost billions of dollars with many who bought on margin losing everything they had. By Sept. 3, 1929 the stock market began to suffer by October people began
to lose confidence and October 29th the market crashed completely.
What effects did Black Tuesday have on the US?
Black Tuesday started chain reaction leading to collapse of US economy.
How did the Depression spread globally?
Reparation payments, war debt payments, and imbalance of trade had already created shaky economic structure. International Economy had been funded by US loans so with collapse of banks in US loans were curtailed and unemployment in Europe.
Post shows a depth of understanding of the topic. Answers to questions are complete and in depth. 5/5
ReplyDeletePost Shows shows some effort to use their class time wisely. Most assignments are complete but there is no long term progress 4/5