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Wednesday, January 21, 2009

The Great Depression:Questions

On The Lines

  1. Recession
  2. Deficit
  3. Loan
  4. Interest rate

Answer The Following

  1. Banks cannot provide money, so people cannot buy the goods others sell, and so the workers cannot earn a salary.
  2. Recession, is a significant decline in overall economic activity.
  3. Customers, aren't buying any of their cars or trucks, and if the government does not help them, many workers might run out of business.
  4. They want some financial help from the government.
  5. In Washington D.C., an important meeting was held.
  6. They called this meeting to solve the global economic crisis.

True Or False

  1. False, The Great Depression, was a world wide economic crisis.
  2. True
  3. False, Canada's economy is doing better than most countries.

Between The Lines

I suppose the other industries might have to shut down, just like how the car makers had to in the article. but, the other industries would be able to get some help from the IMF, or the World Bank.

Beyond The Lines

I think my headline would be 'Financial Bust' because it tells the reader very little which leaves them wanting to know more about the subject.

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