Question
1. Why is Tuesday, October 29, 1949, __ 2. What happened to the value of stocks between 1929 and 1932? __ 3. What happened to banks between 1929 and 1933? __ 4. How were people's jobs affected during the Great Depression? __ 5. What economic cycle follows a depression? __ Activity Workbook
Answer
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Keira
Master · Tutor for 5 years
Answer
2. The value of stocks experienced a severe decline between 1929 and 1932, marking the stock market crash of 1929, a significant factor contributing to the Great Depression.3. During 1929-1933, many banks faced failures due to the economic downturn. The combination of the stock market crash and widespread economic hardships led to bank closures and financial instability.4. Jobs were significantly impacted during the Great Depression as unemployment soared. Many industries faced contraction, leading to layoffs and reduced work opportunities, causing widespread economic hardship.5. The economic cycle following a depression typically involves a recovery or expansion phase, marked by increased economic activity, job growth, and improvement in various economic indicators.