Problem 1: Describe the causes of the Great Depression. Which one do YOU think had the biggest impact (support your answer).
Problem 2: What were the problems with the agricultural sector in the 1920's? Why couldn't the farmers pay back their debts?
Problem 3: What is the impact of uneven wealth distribution in the US? (Write some statistics)
Problem 4: What was the response of the US Government after the stock market crash? What was the response from the Federal Reserve to the crash and run on banks?
Problem 5: Why might countries want to implement tariffs on items? How would this help in theory?
Problem 6: Describe what happened to commodity prices (agriculture)? How did this impact farmers? How many farmers lost their land as a result?
Problem 7: How did Hoover's attempts to help the economy change over time? Was Hoover's policies effective at stopping the crisis? Support your answer 8. What were the political, social, and economic impacts of the Great Depression?