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Over [174]
2 years ago
12

Recognize the cause-and-effect relationships of economic trends as they relate to society in the United States during the 1920s

and 1930s.
History
2 answers:
andreev551 [17]2 years ago
5 0
<span>The United States embraced a laissez-faire policy in the economy during the 1920s. The Secretary of Treasury, Mellon, tremendously reduced taxes, which moved the economy because there was more money to spend. Inventions such as cars and radios, as well as the conservative economic policies, added to a huge economic boom. Many of the economic procedures in the decade would lead to danger especially in the stock market, which would lead to the crash and the Great Depression.</span>
Ede4ka [16]2 years ago
5 0

Context: The US economy was in a boom after World War I, the domestic market was hot, and Europe was demanding manufactured goods.

Causes: In order to make more money, companies have created an overproduction of goods and services. To do this, they sought credit from the banks - which expanded their credit portfolios in a wild way. However, Europe has recovered economically and drastically reduced demand for American products.

Consequence: Domestic demand was not sufficient for the outflow of products. Inventories increased considerably, the businessmen lost the conditions to pay their loans to the banks and the financial system collapsed. Unemployment rose and the economy went into recession.

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Why were many Americans in favor of going to war with Mexico? They knew the only way to annex Texas was to declare war on Mexico
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3 years ago
Which of the following political issues significantly impacted the success of Reconstruction? Southerners, incensed by the feder
muminat

Answer:

Correct Answer:

<em>The impeachment of Johnson led to the creation of Black Codes, which made Reconstruction era laws irrelevant.</em>

Explanation:

After the war between the Unionist and the Confederates, the Abraham Lincoln regime tried to readmit the Southerners into the Union of America as well as toreconstruct and rebuild the southern states through his Reconstruction policy.

Its success was greatly impacted after his death through series of actions by the Southerners. <em><u>One of them was the passing of the Black Codes which was done inorder to restrict African Americans' freedom, and to compel them to work for low wages.</u></em>

<em>Others include the imposition of voter qualifications, and allowed the sharecropping system to thrive, ensuring that the standard of living did not improve for freed slaves</em>

6 0
3 years ago
How did the stock market crash affect american lives​
goldfiish [28.3K]

Answer:

The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people or 30 percent of the workforce.

Explanation:

I hope this helped!

7 0
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