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? With accomplishments and optimism over the economy
What things were going on in the 20’s that lead to the Great Depression? Farmers had increased production during WWI to meet demand which meant buying new land and equipment which resulted in farmers bringing massive debt into the 20’s
What was Black Tuesday? How did it happen? Stock market begin to stutter by Oct People began to lose confidence and Oct 29 the market completely crashed
What effects did Black Tuesday have on the US? Americans lost billions of dollars with many who bought on margin losing everything they had
How did the Depression spread globally? Reparation payments, war debt payments, and imbalance of trade had already created shaky economic structure
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Post shows some undertanding of topic. Answers to questions are correct but not in depth. 4/5
ReplyDeletePost Shows shows some effort to use their class time wisely. Most assignments are complete but there is no long term progress 4/5