Directions: The following statements are taken from
the text. "The Worst Depression of Modern History
Read the statements below and give logical prediction
about them. Write your answers in the Evidence-
Prediction Chart.
1. The decline in stock market caused bankruptcies and severe macroeconomic difficulties including
contraction of credit, business closures, firing of workers, bank failures, decline of the money supply, and
other economic depressing events.
Evidence-Prediction Chart
Evidence
Prediction
2. The rise of mass unemployment is seen as a result of the crash.
Prediction -Evidence Chart
Evidence
Prediction
Share
1. Evidence- Decline in stock market
Prediction- Financial crises, Unemployment, and others
2. Evidence- Unemployment
Prediction- Poverty, Stress, Unstable society, and others