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4 Written Questions

4 Multiple Choice Questions

  1. People fear for their money
    "Run" on banks and withdraw
    In the next 3 years approx. 3,500 banks close
  2. Snowball Effect
    As businesses close, unemployment rises.
  3. Black Thursday > Investors sell off stock
  4. Black Tuesday > Millions of stocks, Billions of dollars lost

3 True/False Questions

  1. Global Depression Cycle1.) 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. Oct. 23, 1929Black Tuesday > Millions of stocks, Billions of dollars lost

          

  3. Easy Credit Hides ProblemsEngineer
    Extremely Wealthy
    Retires to be a public servant
    Secretary of Commerce & Food Commission
    Easily Beats Alfred Smith

          

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