Watch: 1929 Stock Market Crash and the Great Depression – Documentary [58:35 minutes]
After watching the above video and the relevant discussion in Special Topic 6 in the textbook, discuss why might business cycle occur? Summarize the causes and consequences of the economic downturn. What lessons should the government learn from the Great Depression?
Requirements: Write a minimum 500-word response for each of the above questions, in APA format. Your analysis needs to relate the relevant economic concepts learned so far and be sure to justify your arguments.
references: Gwartney, J. D., Stroup, R. L., Sobel, R. S., & Macpherson, D. A. (2018). Economics: Private
and public choice (16th ed.). Boston, MA: Cengage Learning.
[TradingCoachUK]. (2018, July 6). 1929 Stock Market Crash and the Great Depression –
Documentary [Video File]. Retrieved from https://youtu.be/qlSxPouPCIM
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