Monday, March 14, 2011

Blog #1-Stock Market Crash

Read the following and answer the questions below.
http://www.themoneyalert.com/stockmarketcrashof1929.html

1. What happened on Black Thursday? (Was this event a one-day issue?)
2. Why did the bankers try to save the market?
3. What was the main cause of the crash?
4. How did mass trades lower prices?
5. What was the effect on the U.S. economy- give 3 examples from the reading.

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