Name________________________________ Period_____ Date___________
The Great Crash part 2
(Ch. 11 Sec. 1 pgs. 324 -327)
1. What were the 3 signs of trouble many in the financial world recognized?
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2) _____________________________________________________
3) _____________________________________________________
2. What happened on October 24, 1929? ____________________________
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3. What was Black Tuesday? _____________________________________
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4. Describe how the drop in the stock market ruined so many investors.
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5. List 5 economic factors that caused the Stock Market Crash of 1929.
1) ___________________________________________________
2) ___________________________________________________
3) ___________________________________________________
4) ___________________________________________________
5) ___________________________________________________
6. Explain why margin buyers were particularly hard hit by the crash.
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7. Describe some of the effects this crash had on the banks and their
depositors. ________________________________________________
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8. How did the crash effect already struggling businesses?
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9. What was the response of consumers to the market crash of 1929.
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10. Explain why the consumer response would affect businesses and workers.
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11. A year after the crash, how many people had lost their job? ____________
12. How did the crash of the US stock market affect countries in Europe?
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13. What effect did high tariffs have on imported goods?
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14. Did these high tariffs hurt or help the American and world economies and
world trade? Explain why,
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