[Online Document Assignment:]
EIA Activity: Banks and the Great Depression
Click on the links on the right to answer the following questions.
Use Link 1 to answer the following questions. True or False: Ben Bernanke acknowledged in 2002 that the Federal Reserve’s mistakes helped contribute to one of the worst disasters in American history when he was a member of the Federal Reserve Board of Governors.
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True or False: Because of its length, depth, and the consequences surrounding it, many economic historians view the Great Depression as a disaster.
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B. |
True or False: The Great Depression lasted longer than a decade.
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B. |
True or False: The Great Depression has been described as one of the longest and deepest downturns in U.S. economic history.
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B. |
True or False: Marriage rates increased in the United States during the Great Depression.
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B. |
Explain the difference between a recession and a depression.
Discuss the Federal Reserve’s role during the Great Depression.
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