The answer is: E. It became a military superpower in the world but lacked a strong economy.
During the 20th century, United states more than 20% of its GDP to be allocated into millitary spending, which make us able to become a millitary superpower and contribute greatly to the victories during the world war I.
There is a downside to this. Large allocation to millitary budget means that there would be less that can be allocated to build things such as infrastructures, loans, government sponsored jobs, etc. Which is why the economy of united states at that era was a little bit lacking.
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Answer:
Mexicans began to search for gold in Texas. Thousands of people came to Texas to claim land.
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.
Answer:
Why did the election of 1828 include many first-time voters? Southern states gave voting rights to women. African Americans were voting for the first time. New states gave voting rights to all white men.
Explanation:
