Answer:
The beginning of the Great Depression in the United States is considered to be August 1929, when the industrial production index reached its peak. At that time, money was tightly tied to gold reserves, which limited the money supply. At the same time, production grew. At the turn of the century, new types of goods such as cars, planes, radios appeared. The number of goods in mass and by assortment has increased many times. As a result of the limited money supply and the growth of the commodity supply, strong deflation arose - a fall in prices, which caused financial instability, the bankruptcy of many enterprises, and loan defaults. A powerful multiplier effect has hit even growing industries.
From the standpoint of monetarism, the US Federal Reserve monetary policy triggered the crisis. A sharp decline in money supply by one third between August 1929 and March 1933 was a huge brake on the economy, and was the result of the incompetence of the Fed leadership.
This period was characterized, on the one hand, by very powerful technical changes, and on the other, by the abundance of capital, which allowed both updating capital and expanding stock exchange operations, as a result of which the speculative “bubble” increased.
Explanation:
Answer:
Congress oversaw the war effort, raised the Continental Army, made the Declaration of Independence, and drafted the Articles of Confederation. With the ratification of the articles, the Second Continental Congress became the Congress of the Confederation
Explanation:
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Answer:
The mistake the Persians made was involving themselves in the "Ionian Revolt"
Explanation:
The location of Ionian revolt is Anatolia, and it started in 499 BC.
Answer: C.by clearly explaining the reasons for the misleading alarm and its impact
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Egypt must bring the issue to United Nations was recommended by Eisenhower.
<h3>What is
Eisenhower Doctrine?</h3>
Eisenhower doctrine was made to counter the spred of communism by Soviet Union. The doctrine promised the US military assistance to any middle East nation facing armed aggression.
The Response of Egypt should be to bring the issue to united nation was Eisenhower response. Hence, Option C is correct.
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