Ask question

Ask question

All categories

2 years ago

6

What two developments of the 1920s are considered underlying causes of the 1930s depression?

2 answers:

defon2 years ago

8 0

Too much stock speculation and overproduction in industry and agriculture.

nalin [4]2 years ago

5 0

This question is incomplete, here´s the complete question.

What two developments of the 1920s are considered underlying causes of the 1930s depression?

a) Red Scare and Bonus Army

b) recession and trade deficit

c) overproduction and excessive speculation

d) union strikes and wage-price spiral

Answer: c) overproduction and excessive speculation.

Explanation:

Throughout the 1920s, banks engaged in speculation buying, using investors' funds to buy stocks.

When consumer spending started to decline in the spring of 1929, manufacturers faced strong overproduction that led to an excess of goods and a slowdown in production.

However, stock prices kept rising until the stock market reached its peak and then it started crashed. By then, people rushing to withdraw their funds from the banks found they could not be repayed.

You might be interested in

what effect would you expect the 1964 Supreme court case, Wesberry v. sanders, to have on the likelihood of a group of small rur

Rudiy27

The likelihood would be lower because the supreme court decision effectively reduced the impact that smaller rural communities had on representation in the house of representatives in the national level. This is because the districts had to be drawn according to the population in order to make all districts equal in population size which resulted in smaller rural areas getting swept away by larger communities since they would become parts of their districts.

5 0

2 years ago

Read this statement from the ancient collection of Confucian teachings The Analects: To rule a country of a thousand chariots, t

djverab [1.8K]

The Confucian ideal that is rooted in this excerpt is morality.
<span>He said this during the sixth century B.C. in the Chou Empire. There was constant conflict within states which resulted in the decline of China’s morality. This is why he stepped in and preached the importance of morality in both personal and political life.</span>

7 0

2 years ago

Read 2 more answers

Write a rally speech that might have been delivered somewhere in Europe for Greek independence. Urge the country's leaders to he

Brums [2.3K]

Answer:

'Once we were the cradle of European civilization and the first democracy world wide. Once we governed ourselves and ruled each other by reasoning and not by force. Once we were the proud and highly sofisticated center of the world where arcitecture, the arts, science and filosophy flourished. What happened? We lost it to a barbarian empire. It is time to take back our country and give Europe, the young beautiful woman courted by Zeus, back what belongs to her.'

Explanation:

3 0

2 years ago

The general pattern of nomadic conquest followed by the assimilation of the conquerors into the cultures of the conquered societ

Alex73 [517]

Answer: a. The rulers of the Yuan dynasty adopting Chinese court culture and methods of rule

Explanation:

The Mongol conqueror Genghis Khan united the nomadic Mongol clans and established a vast Mongol empire that controlled a significant part of the world in its time with part of those dominions being China.

When he died, his son took over and then his grandson Kublai Khan took over and established the Yuan dynasty in 1271. After this, Kublai employed the methods of Chinese rule that he had found amongst the Chinese thereby assimilating the conquering Mongols into Chinese lifestyle.

4 0

2 years ago

What persona does Carter portray? (in his re election campaign ads)

babunello [35]

In the 1980 presidential election campaigns, President Jimmy carter's campaign ads portrayed him as a peacemaker. They also accentuated his military background. They contrasted him to his opponent Governor Reagan who was portrayed as a warmonger.

5 0

2 years ago

Read 2 more answers