How did the great crash contribute to the Great Depression?

1 answer:

4 0

The depression in the 1930s was caused by excess expansion of credit during the 1920s. This over-extension by banks caused an unnatural disequilibrium in the money markets that initially caused a boom then a bust. ... People withdrew money from banks, and banks went out of business

You might be interested in

Which was a major argument in favor of the Mexican War in 1846?

VMariaS [17]

"B. Americans who believed in Manifest Destiny wanted to spread the American way of life" is the best answer. President Polk was a major proponent of Manifest Destiny.

3 0

3 years ago

Read 2 more answers

How did theater change during the days of William Shakespeare and the Globe?

Sidana [21]

William Shakespeare still has a profound influence on theater. We can summarize this influence in five big changes: 1. The theater was exclusively reserved for the wealthy and the educated. With the emergence of his writings, came tales that appealed to the masses. 2. His plays were often imbued with universal truths of human existence, rather than acting as mirrors of the privileged life. 3. The way in which Shakespeare’s plots move forward has helped define modern play-writing. 4. A new type of storytelling in which characters’ choices drive plots forward and as a consequence, journeys in his plays are dynamic. 5. Shakespeare invented genres that mixed both tragedy and comedy.

4 0

3 years ago

MC)Which of these aspects was common to the First and Second Industrial Revolutions? use of the assembly line use of electricity

Sav [38]

Of these options, the only one that was truly true of both the first and second industrial revolution is the "use of the assembly line" although the length of these lines varied.

6 0

2 years ago

Read 2 more answers

Which of the following was a significant event during President Kennedy’s term?

padilas [110]

B. The civil rights legislation

7 0

2 years ago

The reader can conclude that the passage takes place in the medieval period because it portrays_________. a. a group of people w

Amanda [17]

Answer:

Incomplete question there is a passage to be read.

Passage

About the hour of ten o’clock, the whole plain was crowded with horsemen, horsewomen, and foot-passengers, hastening to the tournament; and shortly after, a grand flourish of trumpets announced Prince John and his retinue, attended by many of those knights who meant to take share in the game, as well as others who had no such intention.

The answer is option C

A powerful monarch backed by a noble fighting class.

Explanation:

It is already describe in the passage how the fighting class were loyal to their nobles, as well as the culture from before was derived of the people in the passage. Monarch is a sovereign head of state, especially a king, queen, or emperor.

Nobility is a social class normally ranked immediately under royalty and found in some societies that have a formal aristocracy. Nobility possesses more acknowledged privileges and higher social status than most other classes in society.

6 0

3 years ago