1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mr_godi [17]
3 years ago
11

How did the U.S. Stock market contribute to economic instability before the Great Depression?

History
2 answers:
xenn [34]3 years ago
5 0
The stock market crashed right before the Great Depression, causing many to lose money in the process.
Nookie1986 [14]3 years ago
4 0

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.

The situation began to change in the late 1920s. Rebuilt from World War I, European nations drastically reduced imports of industrialized and agricultural products from the United States. As exports to Europe declined, domestic demand was not sufficient to dispose of all corporate output and product inventories increased. Most of these companies had shares in the New York Stock Exchange and millions of Americans had investments in these shares.

In October 1929, realizing the devaluation of the shares of many companies, there was a rush of investors intending to sell their shares. The effect was devastating as the stock depreciated sharply in a few days. Very wealthy people moved overnight to the poor class. The number of business failures was huge and unemployment reached almost 30% of workers. Thus the US plunges into the biggest economic crisis in its history, the Great Depression.

You might be interested in
The goal of Hitler’s unsuccessful “Beer Hall Putsch” was to
lara31 [8.8K]
The main goal of Hitler’s unsuccessful “Beer Hall Putsch” was to "<span>b. march to Berlin and bring the Weimer Republic down" since he wanted to seize power and bring the Nazi Party into a dominant position. </span>
7 0
3 years ago
Specifically what were the KINDS of food that the confederates ate
Bumek [7]

Food rations in the military were delivered to Union soldiers by volunteers in the United States Sanitary Commission. The purpose of the commission was to ensure that <span>Civil War soldiers </span>were fed healthy and nutritional meals to prevent malnutrition and food poisoning.

An African-American army cook in City Point, VA

Since the focus was on health and nutrition, not culinary delight, and there were around 2 million soldiers to feed, the food tended to be bland, basic and simple. Each soldier’s daily rations included:

1. Three-quarters of a pound of pork or bacon, or one and one-quarter pound of fresh or salt pork
2. Eighteen ounces of flour or bread or 12 ounces of hardtack
3. One and one-quarter pound of cornmeal

Hardtack, also known as “army bread,” was type of hard, dry biscuit that soldiers had to soak in water and fry in grease or pork fat in order to eat.

Each unit was also given a food ration in addition to each soldier’s individual ration. A 100 man company was given:

1. Eight quarts of peas or beans, or 10 pounds of rice
2. Six to 10 pounds of coffee or one and one-half pounds of tea
3. Twelve to 15 pounds of sugar
4. Two quarts of salt

Vegetables, dried fruits, pickles and pickled cabbage were sometimes issued to prevent scurvy but only in small quantities. Other foods soldiers occasionally ate included baked beans, hardtack pudding, ashcakes and milk toast.

When weather or nearby fighting interrupted food deliveries, soldiers often had to forage for food. In extreme cases, such as during the Battle of Vicksburg, the soldiers had to eat rats, cats, bullfrogs and dogs, according to the book The Civil War Book of Lists.

The Confederate army provided its soldiers with the same rations as Union soldiers but food shortages in the south, caused by blockades of southern harbors, often made many of the ingredients hard to come by which forced many of the soldiers to hunt or forage for food.

As a result, boiled peanuts, which were an abundant crop in the south, became a staple of the Confederate army’s diet.

7 0
3 years ago
Read 2 more answers
In your opinion, how do you feel about race relations? Please explain.
Mazyrski [523]
I'm really just neutral about race relations, there's some racism and that's just bad, we are all equal, and people shouldn't care if we are black skinned or white skinned. We should be united, if we are united we will be able to solve life big problems, and also problems with the Earth itself.
7 0
3 years ago
Read 2 more answers
What was the result of the movement of people across the fertile crescent?
hichkok12 [17]
Hey there,

The result of the movement of the people  across the fertile crescent was that the had a Cultural diffusion. This <span>Cultural diffusion made them have a crazy diffusion that there culture wasn't the same as how it used to be.

~Jurgen</span>
5 0
3 years ago
How does the senator compare the struggle for women’s suffrage to the fight for American independence
mars1129 [50]

In year 1910 Senator Robert Owen passionately fought for the right of women to vote. In his struggle, he famously compared it to the fight for American Independence.

In his opinion, women made up half of all humanity and were equally involved in the development of a modern society, either by being a home marker or even working on the fields.

However, she received little recognition and did not fare well financially. According to him, the American Independence doctrine was ''all governments derive their just powers from the consent of  the governed'' but how can the United States be just, when it denies powers to half of all people living in the country.

According to him, for America to be just and a true democracy, it was evident that women should have an equal vote.

5 0
3 years ago
Other questions:
  • What was one effect of the events in Haymarket Square?
    13·1 answer
  • The ____ Amendment ensures the right to not face excessive bail, excessive fines, or cruel and unusual punishment.
    5·1 answer
  • How and why did the separate British colonies (and later states) form a tighter and tighter unit in the period from 1754 to 1815
    6·1 answer
  • When does a governors term of office begin
    10·1 answer
  • Which statement correctly describes the Senate? It’s the lower chamber of Congress and has one hundred members. It’s the upper c
    7·2 answers
  • 1. What was the purpose of Washington's Neutrality Proclamation?
    14·1 answer
  • Who was the 5 president?
    12·1 answer
  • What factors affect how much money is spent on a campaign? How do campaign donations help
    15·1 answer
  • The new world offered to many europeans the opportunity to gain what 3 things?
    10·2 answers
  • Someone pls help me I will make you as brain
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!