The Great Depression Curriculum: Lesson 3 – What Really Caused the Great Depression?
Source: Federal Reserve Bank of St Louis | Type: lesson
Through participation in two simulations, students determine that bank panics and a shrinking money supply were the primary causes of the Great Depression. Through an additional activity, they see how the many other factors they have discussed, such as problems in the agricultural sector and the stock market crash, exacerbated the situation. Check http://www.stlouisfed.org/greatdepression/curriculum.html for links to resources, a glossary, exams, and evaluation forms.
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