| Sunday, November 23, 2008 |
| The Great Depression |
1. In 1928, the Soviet Union began its first five year economic plan.
2. Amelia Earhart became the first woman to fly across the Atlantic.
3. Herbert Clark Hoover was elected to be the thirty first president of the United States.
4. Investors were driving up the prices of stocks in a frenzy of buying and selling.
5. Although investors didn't have the money, they continued to borrow billions of dollars nationwide to gamble on the stock market.
• What does "buying on margin" mean?
• Why would investors gamlbe money that they did not have?
• Why didn't President Hoover stop all the madness?
• Isn't it against the law to sell what you don't have?
Unheeded (adjective) - disregarded (pg#12)
Ensue (verb) - to follow as a consequence or result (pg#13)
Industrialist (noun)- a person who owns or is involved in the management of an industrial enterprise(pg#14)
The United States economy was taking a down turn and it didn't look like it was ever going to come back up. |
Slid down the rainbow at 7:43 PM  |
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| Where To? |
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| Posts of Note |
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| Books I Want to Read |
Get me one of these books and I'll be your loyal friend for life (see below for my email address if you're actually considering the idea - not that I'm expecting you to)...
- Dante's Inferno
- Mansfield Park
- Midnight Sun
- Macbeth
- Incarceron
- Northanger Abbey
- Flowers in the Attic
- The Age of Innocence
- Emma
- Cather in the Rye
- Bombs on Aunt Dainty
- The Silver Kiss
- Pride & Prejudice
- Midnight's Choice
- Tuck Everlasting
- 1984
- Wild Blood
- Persuasion
- The Notebook
- Stone from the River
- Light in August
- Sense & Sensibility
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