The correct answer are: "Government regulation caused high tax increases. " and "Banks slowed borrowing, so people had less money."
The causes of the Great Depression at the beginning of the 20th century are a subject of active debate among economists, and are part of a larger debate about the economic crisis, despite the popular belief that the Great Depression was caused by the Crac of 29. The specific events in economic matters that took place during the Great Depression have been studied in depth: active deflation, and commodity prices, dramatic drops in demand and credit, and disorganization of trade, resulting finally in the growth of unemployment and therefore of poverty. However, historians lack consensus to determine the causal relationship between various events and the government's economic policy as a cause of the Depression.
1. Letter C is the correct answer.
2. Letter E is the correct answer.
Mercantilism was an economic system used by European powers from the 16th to the 18th centuries. This system was responsible for generating wealth to national powers while colonies were being strongly explored. According to the British theory of mercantilism, the colonies should be carefully controlled in order to support the metropole's needs. Thus, taxing colonial goods at a higher rate than the same goods produced in Britain was a mercantilist strategy found that served the home country's needs and harmed the colonial economy at the same time.
Answer:
Development for short period called sustainable development
