Answer:
overproduction of goods and the expansion of unbridled credit by banks.
Explanation:
The Great Depression of the 1930s was the largest recession in history and its causes were overproduction of goods and the expansion of unbridled credit by banks.
The American economy was experiencing a period of euphoria during the 1920s. The US had become the world's leading economic powerhouse and was the largest supplier of manufactures to Europe. In this scenario, banks have expanded their credit rampantly to sustain the increase in production. However, production increased in a way that there was not enough consumer market to dispose of the products. The businessmen lost the conditions to pay their loans to the banks and the financial system collapsed.
Currently, the Federal Reserve has regulatory mechanisms that aim to reduce the risk of unbridled expansion of bank credit, such as the collection of the compulsory deposit and monetary policy. However, it is not possible to say that the risk is non-existent. We live in a special moment where technology has positive impacts, but can also cause negative havoc. For example, virtual currencies, if not well regulated, can cause a new crisis.
Plants that once were only found in the America’s account for 1/3 of the worlds food supply today.
Answer: civil service reform
Explanation:
The stalwarts, or half breeds, created the Pendleton Civil Service Reform act in an effort to achieve civil service reform.
To make sure the United States was prepared to fight any type of conflict
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Explanation: The 2008 election was historically important for US women because the Alaska governor Sarah Palin attempted to become the first woman vice president in the country’s history, winning nearly 53 percent of the vote while Hillary Clinton ran for president during the 2008 elections.
