The Great Depression is described through bank failures, business failures, agricultural challenges, <em>layoffs</em>, and unemployment.
<h3>What was the causes and impact of the Great depression? </h3>
The Great Depression occurred in the US by the failure of the stock market, which lead to its crash. This generated a drastically negative impact on banks due to the creation of bank panics.
The economy suffered from a fall in <u>production and investment </u>activities. Along with this the <em>agricultural sector </em>also faced falling prices of lands and farm yield due to decreasing demand in the nation.
Therefore, common people had to face unemployment crises due to the <em>lowering </em>of industrial works.
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Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
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Jamestown, Virginia, in 1607. and the pilgrims arrived in 1620.
Answer:
The early 1800s saw the United States quickly grow in size. New immigrants and new land meant a bigger and stronger country. It also meant displacing thousands of Native Americans and the continued spread of slavery.
Explanation:
The Kansas-Nebrask Act was an 1854 bill that mandated “popular sovereignty”–allowing settlers of a territory to decide whether slavery would be allowed within a new state's borders. ... Kansas was admitted as a free state in January 1861 only weeks after eight Southern states seceded from the union.Oct 29, 2009
