ECON 4020 University of North Texas The Great Depression Discussion Questions


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ECON 4020 Money and Financial Institutions
The Great Depression Assignment:
Watch the Great Depression Documentary on Youtube and do some search to find the answers for the
following questions.
Video Links on YouTube:
The Crash of 1929 and the Great Depression (PBS Documentary)
Part 1 of 6:
Parts 2-6 should come up automatically. If not, please search.
Milton Friedman (the father of monetary policy) on the role of the Fed during the Great Depression:

Type your answers, leave one line space between your answer and the next question. Highlight your
answers in light gray like this sentence.
1- What month and year did the Great Depression start?
2- Approximately how long did it last? (in years)
3- What was the approximate unemployment rate during the period?
4- What were the two most important causes of the Crash? Please don’t confuse it with its
effects. High unemployment is the effect, not the cause.
5- Which US president is most associated with the Great Depression?
6- What did his administration do to help the nation out of the Great Depression?
7- What did the Federal Reserve System (the Fed), as the monetary authority of the United
States, do during the Great Depression to help the nation out of the crisis?

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