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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. Engineer
    Extremely Wealthy
    Retires to be a public servant
    Secretary of Commerce & Food Commission
    Easily Beats Alfred Smith
  3. Farmers are forced to buy expensive equipment
    Crop prices fall.
    Dust Bowl looms in the future
  4. Very few (1%) people are extremely wealthy
    Lots of people (65%) are in poverty

3 True/False questions

  1. Oct. 29, 1929Black Tuesday > Millions of stocks, Billions of dollars lost

          

  2. 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

          

  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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