Which of the following describes the Panics of 1873 and 1893?

1 answer:

5 0

The answer is C) The economy took a downturn because of overproduction, declining stock markets, and deflation


The Panic started due to economic problems in Europe, which reached the United States and impacted the The Northern Pacific Railway company, which then had an impact on government debt and eventually the failure of several banks.

Eventually, a chain reaction was created where jobs were lost, factories shut and a surge in unemployment.

The events started from the crashing of the Vienna Stock Exchange and eventually led to economic downturn in the great British Empire and the closure of the New York Stock Exchange for 10 days.

You might be interested in

Abigail Jones is a sales executive at Orbit Bank in Brussels. She is the best performer on her team and often gets the highest n

kondaur [170]

Answer:

B) cognitive component

Explanation:

Cognitive component is a part of attitude.

Attitude consists of three components, that include a behavioral component, cognitive component, and effective or emotional component. Fundamentally, the cognitive component is constructed on the knowledge or information. The cognitive component consists of the thoughts, and beliefs one carries towards the attitude object.

It encompasses several aspects of intellectual processes and functions like the formation of knowledge, memory, problem-solving and attention.

5 0

2 years ago

Jews and Arabs are descendants of Shem. True False

pantera1 [17]

THE ANSWER TO THIS QUESTION IS TRUE

8 0

3 years ago

Read 2 more answers

Both Arnold and Will work 10 hours a day. Arnold can produce six baskets of goods per hour while Will can produce four baskets o

vekshin1

Answer:A

Explanation:

Given Both works for 10 hours

Arnold produces 6 baskets per hour and Will Produces 4 baskets per hour

so in 10 hours

Arnold produces $6\times 10=60 baskets$

Will produces $4\times 10=40 baskets$

So in same time Arnold Produces more baskets hence his Productivity is more

8 0

2 years ago

Anyone want to be friends I'll tell you a little about me and if you want to then you can put your information so I can contact

Alexxandr [17]

Answer:

$2 + 2 = 12$

3 0

2 years ago

Why might human rights be taken away during times of economic turmoil or chaos?

avanturin [10]

Answer:

Explanation: Human right would be taken away because the government wouldn't trust us with freedom. People would take freedom to their advantage and break laws. In order to maintain peace they would take away rights.

4 0

2 years ago