Answer:
In short, the factor that caused the great recession was overproduction, which was not prepared for the lack of demand, and ended up with all the goods stopped without any consumer buying them.
Explanation:
When the First World War came to an end, some European countries were weakening their economies, while the United States grew more and more, profiting from the export of food and industrialized products.
As a result, North American production became accustomed to this growth, which increased day by day, especially between the years 1918 and 1928. It was a scenario with many jobs, low prices, high production in agriculture and the expansion of credit that encouraged unbridled consumerism.
The problem for the United States was that Europe began to reestablish itself, which led to less and less import from the United States.
Now the American industry could no longer sell the exaggerated quantity of goods, with more supply of products than demand. This has led to a fall in prices, a fall in production, and consequently an increase in unemployment. These factors led to a fall in profits and a halt in trade, leading to a stock market crash and causing the great recession.
Direct democracy is a government in which everyone individual has an input on governmental decisions. However, due to America’s large population, it is hard to gather everyone in an area to make those decisions. That is why, in the US, we have a representative democracy—Representatives from each state represent their states decision in making decisions.
Answer: The Constitution divided the Government into three branches: legislative, executive, and judicial. Just like the phrase sounds, the point of checks and balances was to make sure no one branch would be able to control too much power, and it created a separation of powers. ...
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Answer:
The Great Compromise gave the Senate Equal Representation for the Small States, and the House of Representatives Proportional Representation for the Large States. If a runaway slave is caught, he must be returned to his owner.
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Answer:
A special-interest group may work hard to get a rider attached to a bill so they can get more tasks done on one bill and limit the chance of a bill becoming a law.
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