Please answer the following after watching The Crash of 1929
1. How did the stock market reflect the new era of modern America?
2. Why did American expect permanent prosperity during the 1920s?
3. What did it mean to 'buy on margin'? How did this impact the growth, and eventual crash, of the stock market?
4. How did the Federal Reserve Board impact the mood of the stock market in 1929?
5. What did it mean when Durant said that 'confidence' was the key to continued prosperity? Why would people believe this?
6. What happened to the fortunes of Livermore and Durant after the crash?
After watching the Dust Bowl documentary, please answer the following. Explain for each question.
1. How did mechanization turn the 'Southern plains' into a profitable region?
2. Why was dust a problem on the plains?
3. How did the interviewees in the film describe the dust?
4. How was government aid viewed by many farmers in the film?
5. What was the impact of jackrabbits? What was a rabbit drive?
6. What was Black Sunday?
7. Who was Hugh Bennet and what was his argument? What was the impact?