The Great Depression was an economic downturn that occurred in the United States in 1929. The prelude to this was the decade of the 1920s, known as "the roaring twenties" because the nations total wealth was almost doubled during this time.
The stock market was on the rise, causing the common citizen to invest their savings and even get loans in order to spend in stocks with the expectation that the rising trend in the value of the stocks will be superior in comparison to the interest rate of the loan.
By the end of the 20s, the overall industrial output had already declinedand unemployment had risen. On the other hand, stocks were still high due to mass speculation by investors. The prices would eventually drop aggressively causing losses to millions of citizens.
I think the answer would be the second one, if it was phrased slightly different. A main problem was that people would buy everything with credit rather than cash, and ended up not having the money to pay it back.
How did Hollywood filmmakers; background influence their portrayal of American Values? answer choices Many filmmakers where rich Many filmmakers were immigrants & believed in the American Dream Explanation:
1. Louisiana Purchase by Thomas Jefferson-opened a large territory for the U.S.
2.The Missouri Compromise by Henry Clay which divided the U.S. into free and slave states
3. The Kansas Nebraska Act created by Stephen A. Douglas which allowed the states to decide if they want to be free or slave states(AKA: popular sovereignty)
<span>Approved because it brang in more jobs, civilization, and Americans could get<span>their things easier and faster. Cons were going through their land. </span></span>
President Wilson’s approach towards the defeated Central Powers after World War I was to not punish them too harshly, since he knew this would only cause dangerous resentment. He did not get his wish, however.
