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4 Written Questions

4 Multiple Choice Questions

  1. 1.) U.S investors have little money to spend abroad
    2.) Europe can't pay war debts
    3.) Europe production plummets
    4.) Europe cant afford American Goods
    5.) U.S profits plummet
  2. Black Tuesday > Millions of stocks, Billions of dollars lost
  3. Very few (1%) people are extremely wealthy
    Lots of people (65%) are in poverty
  4. Raises prices on imports
    Foreign countries enact their own
    Expanded the depression globally

3 True/False Questions

  1. Hoover is electedEngineer
    Extremely Wealthy
    Retires to be a public servant
    Secretary of Commerce & Food Commission
    Easily Beats Alfred Smith


  2. Oct. 24, 1929Black Thursday > Investors sell off stock


  3. Oct. 23, 1929Boom is over


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