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WARRIOR [948]
4 years ago
5

What is an economic depression and what was different about the Great Depression?

History
1 answer:
Luda [366]4 years ago
6 0

A state of the economy resulting from an extended period of negative economic activity as measured by GDP. It is often described as a more severe form of a recession that leads to extended unemployment, a spike in credit defaults, broad declines in income and production, currency devaluation and a deflationary economy.

I know that the Great Depression was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.

I think that will help you I hope it does. : )

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Yuki888 [10]

Answer:

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3 years ago
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nignag [31]
The war changed the economical balance of the world, leaving European countries deep in debt and making the U.S. the leading industrial power and creditor in the world.

The First World War destroyed empires, created numerous new nation-states, encouraged independence movements in Europe’s colonies, forced the United States to become a world power and led directly to Soviet communism and the rise of Hitler. Diplomatic alliances and promises made during the First World War, especially in the Middle East, also came back to haunt Europeans a century later. The balance of power approach to international relations was broken but not shattered. It took the Second World War to bring about sufficient political forces to embark on a revolutionary new approach to inter-state relations.

Hopefully this helps
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3 years ago
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liberstina [14]
Extra,time,paper is the correct option
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2 years ago
On the cartoon of the HUAC. What organization does the car repesent?
zavuch27 [327]

Answer:

The car represents the “chase” people were on when it came to detecting who were communists and who were not.

Explanation:

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The Missouri Compromise is an example of __________. A. imperialism B. sectionalism C. federalism D. isolationism
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C. Federalism What is funny, is I'm am learning about this in school too!
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