It led to the entrance of the US into WW1
It was stock market "speculation" that contributed the most to the Depression of 1920-21, since the value of many companies became incredibly inflated--leading to a "bubble" that eventually burst in 1929.
Answer:
Voltaire established himself as one of the leading writers of the Enlightenment. His famed works include the tragic play Zaïre, the historical study The Age of Louis XIV and the satirical novella Candide.
Explanation:
Mabey that helps I don't know anyway have a nice day :D
Answer:
Mr. President, considering the fact that the welfare of the citizens is the government's primary responsibility and a huge financial breakdown such as the one the citizens have just experienced can have a devastating effect on the economy and impact negatively on your leadership, don't you think the poor affected citizens deserve some intervention from the government?
Explanation:
From the excerpt, it is clear that the financial crash in the United States Stock market was caused by the greed of investors. However, there were still some hardworking citizens who merely saved their hard-earned monies in the banks, but lost them when the banks closed up. Definitely, they deserved some help from the government.
President Hoover's belief that it was not the function of the government to regulate businesses was flawed as it would be wrong for the government to simply sit by and watch the economy crash.
