The Crash of 1929 and the Great Depression.
Watch the Great Depression Documentary on Youtube and do some search to find the answers for the following questions.
Video Links on YouTube:
The Crash of 1929 and the Great Depression (PBS Documentary)
Part 1 of 6: http://www.youtube.com/watch?v=ccNilnpvbJg&list=PL2B5C48F8D1179BE7
Parts 2-6 should come up automatically. If not, please search.
Milton Friedman (the father of monetary policy) on the role of the Fed during the Great Depression:
Type your answers, leave one line space between your answer and the next question. Highlight your answers in light gray like this sentence.
1- What month and year did the Great Depression start?
2- Approximately how long did it last? (in years)
3- What was the approximate unemployment rate during the period?
4- What were the two most important causes of the Crash? Please don’t confuse it with its effects. High unemployment is the effect, not the cause.
5- Which US president is most associated with the Great Depression?
6- What did his administration do to help the nation out of the Great Depression?
7- What did the Federal Reserve System (the Fed), as the monetary authority of the United States, do during the Great Depression to help the nation out of the crisis?