Reading strategy, graph skills and 1-6 sec. asses.
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Reading Strategy explain how the Great Depression affected industrial workers, farmers, and home-owners | show 🗑
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| Industrial Workers | show 🗑
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| show | When farmers bought supplies, the money went to consumers who used credit to buy cars, which investors used to buy stocks. Banks suffered when farmers failed to meet their loan payments.
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| Home-owners | show 🗑
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| show | in 1927
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| Section Assesment 1-6 | show 🗑
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| 1. Stock Exchange | show 🗑
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| show | to buy stock by paying only a fraction of the stock price and borrowing the rest
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| show | to fail to meet an obligation, especially a financial one
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| 1. Relief | show 🗑
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| show | projects such as highways, parks, and libraries built with public funds for public use
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| 2. What did the Bonus Army want? Where did it set up camp? | show 🗑
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| show | 3. When someone buys on margin, the brokers borrow their money from the bank. When the people failed to pa back their loans, the brokers could not pay back the banks, making the banks go bankrupt because of unpaid loans.
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| show | 4. No, because Hoover tried three different ideas in solving the Great Depression and they failed. He could have aproached the ideas a different way, he might have solved the Great Depression sooner.
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| show | 5.Banks going bankrupt, due to unpaid loans5. Stock Market Crash
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| 6. Graph on pg. 725. When did the average price of stocks reach its peak? | show 🗑
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| 6. During what years did the average drop below $100 per share? | show 🗑
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Created by:
ironchef