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Simora [160]
3 years ago
11

Closely examine the Great Depression in 1929

Social Studies
1 answer:
Maslowich3 years ago
3 0

Economic euphoria in the United States began in the early 1920s, where large companies began to invest in bonds on the stock market. The economy showed an infinite sea of ​​possibilities. Exaggerated consumption, high profits and the whole culture of the American Way of Life. A whole culture built on the pillars of market and consumption.

However, from this growth was projected that crisis that is considered as the largest that Capitalism has ever faced. A systemic crisis, where the hitherto winning capitalist model decays. The economy that largely revolved around stock market speculation, and therefore artificial, thus found its limit and breaks at the time of the "New York Stock Exchange" on October 24, 1929.

The main factors leading to the crash were the result of the economic euphoria itself. The increase in consumption caused industries to increase their production as well, however at some point there was no longer a market for such a large production which caused countless industries to fail because they could not sell their productions.

Another factor of the great crisis was agricultural overproduction. The agricultural market as well as the industries, accompanying the growth of consumption began to produce more than the market could absorb. Mainly wheat production was affected by the downturn in the market.

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As Eric watches a video for his class, he is aware that what he is taking in is passing through the brain–mind interface, whic
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3 years ago
This pioneer led thousands of Americans across the proclamation line in violation of british policy
Gre4nikov [31]
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3 years ago
What does marxism mean in your own words?​
Alborosie

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6 0
3 years ago
Dr. Pulaski decided to replicate Solomon Asch's classic experiment of conformity to group pressure. If his results are consisten
vredina [299]

Answer: (A)

Dr. Pulaski is likely to find that approximately three-quarters (76 percent) of the subjects will conform to the group's judgment on at least one critical trial.

Explanation:

Solomon Asch conducted an experiment to find out to what extent people conform to group pressure.

He set up the experiment to include a single participant and seven confederates in a group. (A confederate is an accomplice of a researcher who is placed intentionally within an experiment by the researcher, so he can manipulate the experiment in his favor).

Each confederate was to give the same wrong answer to a certain question asked, while the participant was to provide his answer last.

Asch then observed if the single participant would tailor his answer according to the wrong answers provided by the confederates, or would provide the accurate answer.

Asch found out that from 12 trials conducted, "75% (three-quarters) of participants conformed to wrong answers provided at least once", while 25% did not conform at all.

He also discovered that on average of the trials carried out, one-third of the participants went along with the incorrect answer provided by the confederates.

Asch had also set up a control experiment with only a single participant and no confederates.

From the control experiment, he realized that less than 1% provided the wrong answer to the question asked.

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