What were the causes and effects of the Great Depression?
Answer:
5 Causes of The Great Depression
It was not just one factor, but instead a combination of domestic and worldwide conditions that led to the Great Depression. As such, there is no agreed upon list of all its causes.
The effects of the Great Depression were huge across the world. Not only did it lead to the New Deal in America but more significantly, it was a direct cause of the rise of extremism in Germany leading to World War II.
1. Stock Market Crash of 1929 - Many believe erroneously that the stock market crash that occurred on Black Tuesday, October 29, 1929 is one and the same with the Great Depression. In fact, it was one of the major causes that led to the Great Depression. Two months after the original crash in October, stockholders had lost more than $40 billion dollars. Even though the stock market began to regain some of its losses, by the end of 1930, it just was not enough and America truly entered what is called the Great Depression.
2. Bank Failures - Throughout the 1930s over 9,000 banks failed. Bank deposits were uninsured and thus as banks failed people simply lost their savings. Surviving banks, unsure of the economic situation and concerned for their own survival, stopped being as willing to create new loans. This exacerbated the situation leading to less and less expenditures.
3. Reduction in Purchasing Across the Board - With the stock market crash and the fears of further economic woes, individuals from all classes stopped purchasing items. This then led to a reduction in the number of items produced and thus a reduction in the workforce. As people lost their jobs, they were unable to keep up with paying for items they had bought through installment plans and their items were repossessed. More and more inventory began to accumulate. The unemployment rate rose above 25% which meant, of course, even less spending to help alleviate the economic situation.
4. American Economic Policy with Europe - As businesses began failing, the government created the Smoot-Hawley Tariff in 1930 to help protect American companies. This charged a high tax for imports thereby leading to less trade between America and foreign countries along with some economic retaliation.
5. Drought Conditions - While not a direct cause of the Great Depression, the drought that occurred in the Mississippi Valley in 1930 was of such proportions that many could not even pay their taxes or other debts and had to sell their farms for no profit to themselves. The area was nicknamed "The Dust Bowl." This was the topic of John Steinbeck's The Grapes of Wrath.
An asset is property owned by a person or a group. Please select the best answer from the choices provided T F
Answer: T/true
Explanation:a useful or valuable thing or person.
similar: an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Susan can read 72 words in One-third of a minute. Which statement is correct?
Answer:
she can read 216 words per minute
Explanation:
What was daily life like for Roman women? Describe two differences that existed between women who were wealthy and those who were poor.
Answer:
Because of their limited public role, women are named less frequently than men by Roman historians. But while Roman women held no direct political power, those from wealthy or powerful families could and did exert influence through private negotiations
Explanation:
Which statement about Earth's layers is true? A. They all consist of liquid rock. B. They each vary in size and temperature. C. They are all under an equal amount of pressure. D. They will soon combine, forming a single, thick layer.
Answer:
B
Explanation:
Answer:
B
Explanation:
The do vary in size and temperature because as the layers go down to the core it gets harder and magma is more present
I need help with these questions and are due today pls help me out and I’m struggling and I’m trying my best and still need help
What is the difference between diffusion of responsibility and the bystander effect? (psychology)
Can someone plz help me with this question
Answer:
b
Explanation:
Answer:
b. Developing
Explanation:
What does ranchero mean?
Answer:
a person who farms or works on a ranch, especially in the southwestern US and Mexico.
Explanation:
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Based on the types of projects identified on the map, explain the long-term benefits of the WPA, PWA, and other agencies beyond the creation of jobs during the Depression.
The correct answer to this open question is the following.
Although there is no map attached to this question, we can say that the long-term benefits of the WPA and other agencies beyond the creation of jobs during the Depression were the following.
As soon as new President Franklin D. Roosevelt arrived at the White House, he created the "New Deal," a series of programs aimed to help the poor American people who were living economic difficulties due to the Great Depression.
The Works Progress Administration created in 1935 and existed for 8 years to help 8 million American citizens to get jobs that helped to sort out the difficult consequences of the Great Depression. The function of this office transcended in that is helped to also create opportunities to support the American arts and its artists in what was known Federal Project Number One. The project helped many artists to create entertainment forms to inspire and entertain Americans under those difficult years.
How did the ninety-five theses affect the catholic church’s in Germany
The taklimakan deserts is located in
Explanation:]
its in china
Answer:
its in china
Explanation:
there is no where else the desert would fit besides India and India is separated by the Himalayas
Which country was responsible for the most discoveries? Hurry plz
Answer:
China was
Explanation:
China made the earliest discoveries hundreds of years before the western world
PLSSS HELP ILL GIVE BRAINLIEST AND 10 PTS PER QUESTION AND A BONUS ON CERTAIN QUESTIONS (20 points 2 questions)
Answer:
Question 3
B Natural born citizen
Explanation:
Article One of the United States Constitution requires that members of Congress must be at least 25 years old (House) or 30 years old (Senate), have been a citizen of the United States for seven (House) or nine (Senate) years, and be an inhabitant of the state which they represent.
2. Which one is not true?
a. I can follow my own religion.
b. I have the right to be treated fairly and equally.
c. I can hurt someone else.
d. I have the right to a good education. Can someone help me plz?
Answer:
C.
Explanation:
At least in the USA, everything on that list is true except for C. The second that you infringe on someone else's safety, your rights end. Of course, you can hurt someone in self-defense. If they attacked you first, you have a right to hurt them back because they are not allowed to jeopardize your safety.
which resources do many ctsos provide to their members check all that apply
Answer:
b, d, f
Explanation:
Publication, network of career professional and Career professional activities are the resources do many CTSOs provide to their members. Hence, option B, D and F are correct.
What is CTSOs?Career and Technical Student Organizations (CTSOs) help students build the teamwork, citizenship, technical, and leadership skills necessary to succeed in the workforce and in further education.
BPA (Business Professionals of America, originally Office Education Association), DECA, and other significant CTSOs (formerly Distributive Education Clubs of America) FBLA (Future Business Leaders of America) (Future Business Leaders of America)
One of the few CTSOs that has achieved formal worldwide status is HOSA. There are more than 260,000 members spread out among more than 5,200 chapters in all 50 states and a few other nations.
Thus, option B, D and F are correct.
For more information about CTSOs, click here:
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Which statement describes one effect of the construction of the Berlin Wall? A.it protected West Berlin from the invasion by the East Germans? B. It prevented Soviet troops from entering East Germany? C. It helped stabilize the East German economy? D. It pushed the Allies to withdraw from East Germany
Answer:
a so east Germans couldnt leave
Explanation:
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why so many people went to live the suburbs (what drew them to the suburbs) and what was a negative part of the rise of the Leavittowns?
Answer:
William Levitt revolutionized the way Americans live and ushered in an age of suburbia by providing inexpensive housing outside the city. Racial fears, affordable housing, and the desire to leave decaying cities were all factors that prompted many white Americans to flee to suburbia.
negative part- The main disadvantage to life in the suburbs is that it takes longer to reach most destinations. Living in the suburbs and living in the city often makes for a long commute, especially since public transport is often harder to access.
Explanation:
A______ physically combines two or more substances that maintain their own properties
Answer:
Mixture
Explanation:
What is the highest peak in the lower 48 states? A. Mt. Saint Helen B. Mt. Whitney C. Mt. Rainier D. Mt. Elbert Please select the best answer from the choices provided A B C D
Answer: Mt. Whitney
Explanation:
Mt. Whitney is the tallest mountain out of these four answer choices.
What ideas about knowledge does Locke express in this passage?
Answer:
in what passage
Explanation:
Farming is difficult in New Zealand and does not contribute to the economy. *
True
False
Answer:
False
Explanation:
Agriculture contributes 12% of New Zealand's GDP, making it the biggest industry in the country.
Answer:
false
Explanation:
Farming or agriculture is New Zealand's largest industry. Pastoral farming of sheep and cattle is the main type, but horticulture is also common.
Which of the following statements is FALSE?
a.
The first successful oil drilling in Texas was near Nacogdoches.
b.
Humble Oil became Texaco, one of the largest oil companies in Texas.
c.
Refineries are used to change oil into its usable products, such as gasoline.
d.
Almost 30% of all manufacturing jobs in Texas between 1920 and 1930 were in the oil industry.
Answer:
B
Explanation:
OMF/G THANK THE LORD TODAY MY LAST DAY OF EDGUNITY
Answer:
B
Explanation: Because humble oils isn't the largest oil well.
Cómo son los beneficios del Estado de derecho en la comunidad?
La respuesta correcta a esta pregunta abierta es la siguiente.
Los beneficios del Estado de derecho en la comunidad son los siguientes. El Estado de Derecho protege a los ciudadanos del poder absoluto del Estado. Con un Estado de Derecho vigente, los miembros de la comunidad pueden protegerse de los abusos de autoridad de las instituciones gubernamentales y ejercer su libertad de acción ante las injusticias. En un Estado de Derecho, el abuso de algún miembro que pertenece al gobierno, es castigado. En un Estado de Derecho existen leyes que protegen al ciudadano y que equilibran la facultad del gobierno con el derecho del ciudadano. La mayoría de países democráticos modernos tienen vigente su Estado de Derecho y las instituciones que le sirven.
Bone marrow can be found in the many hollow spaces in what type of bone
Answer:
Spongy
Explanation
Answer:
spongy
Explanation:
holes meaning spongy also edge 2021
Most of South Asia's energy and electricity is provided by______.
Answer:
Coal
Explanation:
This map shows the politically polarized continent of Europe
A) during World War II.
B) before the Cold War.
C) during the Cold War.
D) before World War II.
Why do we need elections in a democratic country?
Armenians (they are in the Caucasus region, not Central Asia) differ from the people in Central Asia by origin, culture, folklore, language, alphabet, religion
What role does “interest group” play in influencing government
Answer: They engage in lobbying, or the organized process of influencing legislation.
Explanation: Interest groups send representatives to state capitals and to Washington, D.C. to put pressure on members of Congress and ect.
