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
den301095 [7]
3 years ago
12

Identify one political and one economic cause of the Great Depression. How did each of these factors contribute to the worldwide

economic crisis during the 1930s?
History
1 answer:
Dmitry_Shevchenko [17]3 years ago
8 0
01
of 05
Stock Market Crash of 1929
Workers flood the streets in a panic following the Black Tuesday stock market crash on Wall Street, New York City, 1929
Hulton Archive/Archive Photos/Getty Images
Remembered today as "Black Tuesday," the stock market crash of October 29, 1929, was neither the sole cause of the Great Depression nor the first crash that month. The market, which had reached record highs that very summer, had begun to decline in September.

On Thursday, October 24, the market plunged at the opening bell, causing a panic. Though investors managed to halt the slide, just five days later on "Black Tuesday" the market crashed, losing 12 percent of its value and wiping out $14 billion of investments. Two months later, stockholders had lost more than $40 billion dollars. Even though the stock market regained some of its losses by the end of 1930, the economy was devastated. America truly entered what is called the Great Depression.
You might be interested in
New federalism was president richard nixon's attempt to give individual states greater control over how they spent federal money
garri49 [273]

True

New Federalism is a political philosophy of devolution that involves the transfer of certain powers from the United States federal government back to the states. It was announced in 1969 by Nixon to turn over the control of some federal programs to state and local governments and institute block grants, revenue sharing,

4 0
3 years ago
What cause the recession under Roosevelt admin
nika2105 [10]

Answer: Keynesian economists stated that the recession of 1937 was a result of a premature effort to curb government spending and balance the budget. Roosevelt had been cautious not to run large deficits. In 1937 he actually achieved a balanced budget. Therefore, he did not fully utilize deficit spending.

5 0
3 years ago
After the Westboro baptist church protested the funeral of Matthew Snyder the supreme court ruling in Phelps v. Snyder upheld wh
Angelina_Jolie [31]
Not sure if you still need this but the answer is D. The government cannot regulate the content of a protest. 
6 0
3 years ago
Read 2 more answers
Why did Mao Zedung get involved in the Korea War? A. He was the leader of the South Koreans. B. He wanted to support the US in t
Kisachek [45]

I believe the answer is: C. He was worried about his border with North Korea being in jeopardy.

Mao zedong feared that if he let the allied forces took control of north korea, the allied forces would be able to establish a navy base on that territory and exposed the chinese mainland from naval attack from north Korea. Because of this, he decided to help the north korean with both millitary soldiers and supplies.


6 0
3 years ago
Read 2 more answers
Which explains why African slaves were brought to the Americas?
kobusy [5.1K]
Should be c but not sure


3 0
2 years ago
Other questions:
  • You are a factory worker living in London during the Second Industrial Revolution.
    10·2 answers
  • Between spain and italy which had better maritime
    12·2 answers
  • __________ and _________ first attracted settlers to the West.
    7·2 answers
  • What is true of a secular activity? *It is compatible with all religious traditions. *It is separate from all religious traditio
    14·2 answers
  • The length of a rectangle is 12x inches and the width is 15 inches. the area is 2916 inches.
    6·1 answer
  • What was the ultimate result of the Final Solution? Large numbers of people were forced to immigrate. Jewish businesses were clo
    8·2 answers
  • Which event convinced people that James Monroe’s presidency was ushering in an “Era of Good Feelings?”
    12·1 answer
  • Is the president of the united states a salaried employee or an hourly employee?
    13·1 answer
  • Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    6·1 answer
  • Why is the Talmud still a valuable record of Jewish law?​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!