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History 8 Online
OpenStudy (love.kat123):

NEED HELP ASAP FAN+MEDAL The New Deal was an economic relief program created during the 1930s. true or false

OpenStudy (ericanoel912):

T

OpenStudy (love.kat123):

can u help me with somemore

OpenStudy (ericanoel912):

sure :)

OpenStudy (love.kat123):

After the war, leading up to the Great Depression, bad economic news made people a. take out loans to buy stock. c. withdraw their money from the markets. b. put their money into savings accounts. d. scramble to repay loans with cash.

OpenStudy (ericanoel912):

2nd one- they all freaked out because the market wasn't looking good and there was no FDIC, so if the banks couldn't pay them back they lost their money that was in the bank. So EVERYONE withdrew money and the banks all failed.

OpenStudy (love.kat123):

High confidence in rising stock prices led to a. lack of individual savings. c. overcautious investors. b. market speculation. d. lack of market competition.

OpenStudy (ericanoel912):

I'm pretty sure it's b.. but it could be a

OpenStudy (ericanoel912):

wait- yep its market speculation which is when people do risky things with investing b/c the market looks good

OpenStudy (love.kat123):

yea u were right

OpenStudy (ericanoel912):

great :) love when that happens lol

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