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
What events spread the Latin American revolution​
Vsevolod [243]

These revolutions followed the American and French Revolutions, which had profound effects on the Spanish, Portuguese, and French colonies in the Americas. Haiti, a French slave colony, was the first to follow the United States to independence during the Haitian Revolution, which lasted from 1791 to 1804.

7 0
3 years ago
List 4 governments which collapsed as a result of WWI.​
Otrada [13]

Answer:

Ottoman Empire, Australia-Hungary, German, and Russian

Explanation:

a

4 0
3 years ago
Which best shows tha the United States was confident in its economy in 1816?
neonofarm [45]
I think it's 'Congress chartered a second national bank in Philadelphia' but im not sure
3 0
3 years ago
Read 2 more answers
What people occupied (and still do) the southernmost part of Africa?
ohaa [14]

Explanation:

Europeans occupied(and still do) the southernmost part of Africa

8 0
3 years ago
What are 80% of all diamonds are used to make?
Mrac [35]

Answer:

Explanation:

Industrial Uses for Diamonds

Adding diamond dust to a diamond polishing wheel. The most common uses for diamonds outside of fine jewelry are for industrial applications. Because diamonds are so strong, they are extremely effective at polishing, cutting, and drilling.

5 0
3 years ago
Read 2 more answers
Other questions:
  • How did Mao Zedong and his Communist forces win the Chinese Civil War? Select all that apply.
    13·1 answer
  • PLEASE HELP ME PLEASE
    13·1 answer
  • What was the primary religion of spain in 1519
    7·1 answer
  • Arrange the events that led to the September 11 attacks in the correct sequence.
    15·2 answers
  • How did the ratification of the nineteenth amendment affect the goals of the women’s rights movement?
    10·1 answer
  • Which policy did British authorities use to control the Indian people after colonial their territory
    6·2 answers
  • What were the main ways that Americans moved west?
    15·1 answer
  • What were the key actions Alfonso heck that he took or not take​
    12·1 answer
  • 2. Why didn't the U.S. abolish its immigration quotas to let Jewish refugees to enter the country after the war?
    7·2 answers
  • How did the industrial revolution in England change british interest in india?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!