1. What caused the "Great Depression"? 2. List five reasons for the severity of this depression? 3. Why did US economic woes lead to a "Global Depression"?

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1. What caused the "Great Depression"?

2. List five reasons for the severity of this depression?

3. Why did US economic woes lead to a "Global Depression"?

4. How and why did the US stock market crash lead to a major deline in the US economy?

5. Compare Federal Reserve officials did in 2009 and again in 2020 with the actions in 1931. Which policy was more effective? WHY?

6. What role did hgh unemployment play in prolonging this economic crisis?

7. Compare and contrast rate, which is 5%, with the rate in the 1920s. WHy does the unemployment rate matter? 

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