The History of the Great Depression
The video says the Fed dates it from August 1929 to 1941 and calls it the deepest downturn in modern US history.
Video coming soon. The lesson video will appear here once it is published on YouTube.
Check yourself: sample questions
Think about each question, pick what you would answer if you like, then select “Show answer” to see the solution and why. Nothing is graded or sent to us. Example numbers are worked examples, not predictions.
1.How does the Federal Reserve date the Great Depression?
The video says the Fed dates it from August 1929 to 1941 and calls it the deepest downturn in modern US history.
2.What does buying on margin mean?
Buyers typically paid about 10 percent and borrowed the rest, with the shares as security for the loan.
3.In the worked example, 100 of your own money buys shares worth 1,000. What happens after a 10 percent fall?
With a 900 loan, a fall to 900 leaves nothing for you; a 10 percent rise to 1,100 would double the 100 (worked example).
Full course: 5 more questions for this lesson
The full course unlocks all self-check questions of all 365 lessons, the daily plan, your progress and the printable learning record. Lessons 1 to 7 are completely free.
See the full course Start the free week
Already bought? Open the course on this device
Sources (5)
Related lessons
Education only. Not financial advice.