Fermentation always releases gases and it is usually CO2. Please Mark Brainliest!!!
Answer:
What made the Great Depression "Great" was the government response. Constant changes the regulatory environment, tax increases, massive deficits, and failure to let the market correct paralyzed the economy in its depressed state for 15 years.
Both were caused primarily by an over expansion of credit rooted in loose money supply. The monetary response to the current recession has been different. Rather than tightening to force the market to bottom, the Fed has maintained low rates in an effort to re-inflate the bubble conditions. Hoover/Bush & FDR/Obama responses are similar as all tried to spend their way out of the problem.
1929 crash:
After WWI, Britain reset the pound to the pre-WWI level even though their money supply had far exceeded pre-WWI levels. In an effort to slow the flight of gold from Britain, the US federal reserve (led by Benjamin Strong) lowered interest rates. As always, artificially low interest rates caused massive distortions in asset values. Money flowed into the stock market and people who would not normally have been stockholders bought stocks in place of other investments that would have yielded better interest rates absent fed policy. Margin was used excessively because the real cost of leveraging was distorted by fed interest rate policy.
The fed continually lowered interest rates all the way into 1929. When the bubble popped, they tightened policy and raised rates. This contributed the deflationary spiral; however, the deflationary spiral could not have been as severe without the loose policy during the bubble.
2008 crash:
Beginning in the early 1990s, the federal reserve (led by Alan Greenspan) lowered rates while monitoring consumer prices as indicators of inflation. They ignored bubbles in the stock market directly caused by their inflationary monetary policy. When the stock bubble popped, they lowered rates further and pushed misdirected investment towards other assets - most commonly housing.
After the attacks of 9/11/2001, the fed pushed rates to 0 (long term rates were effectively negative and continue to be).
Explanation:
<u>Answer:</u>
<em>The largest landform of Canada is The Canadian Shield.</em>
<u>Explanation:</u>
It is an igneous rock and an ancient geological feature of North America formed by the result of the volcanic activities. <em>It is commonly known as the Laurentian Plateau. </em>
This large plateau covers the Hudson Bay by encircling it. The Canadian Shield is covered with dense forests in the northern areas with many small wildlife creatures. <em>It has been also declared that the Canadian Shield is rich in minerals and other essential elements.</em>
Answer:
I was caused by segregation between African Americans and Whites.
Explanation:
The civil rights movement is a period in america's history from around the early 50s to mid 60s. Everything had 2 areas. One for African American's and Whites. It was caused because Whites still believed they were the supreme race and that African American's were a lesser one. 1 significant event that led to the end of segregation was Dr Martin Luther King Jr's I have a dream speech.
Because it reduced inheritance of personal income taxes, cancelled many excise imposts, and eliminated the gift tax and ended public access to federal income tax returns. Hope this helps ya! ^.^
