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Grades: 6-8, 9-12
The Basics of Saving
Grades K-2, 3-5
Presenter: Theodore Opderbeck
On This Day in Economic History
On this day in 1929 the New York Bank raised the rediscount rate to 6 percent on loans to brokers. This raise in the rediscount rate is seen as a precursor to the stock market crash that happened in October of the same year.