In the United States from 1929 to 1933, real GDP declined by 27 percent and the unemployment rate rose to 25 percent.
<h3>What was the Great Depression?</h3>
The Great Depression, which lasted from 1929 to 1939, was the worst economic downturn in the history of the industrialized world. It started after the 1929 stock market catastrophe, which paralyzed Wall Street and caused the loss of millions of investors.
Some causes of the Great Depression are:
- The stock market crash of 1929,
- The collapse of world trade due to the Smoot-Hawley Tariff,
- Government policies,
- Bank failures and panics,
- The collapse of the money supply.
Therefore, Between 1929 and 1933, the real GDP in the United States fell by 27%, while the unemployment rate increased to 25%.
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Answer:
d. bad timing
Explanation:
Remember the principle of first entry advantage which says that the first entrant to a market has better advantage of gaining more market share over late entrants.
This was true in the Tablet market which saw Apple's iPad been the very first commercially sold tablet devices. Because of wrong/late timing when Apple introduced its next-generation iPad2 the HP tablet came in struggling to get a part of the already captured tablet market by Apple's iPad.
Answer:past success
Explanation:
Past success refers to what has succeeded before , your successful strategies or what ever that you have tried before and which has helped you get things done successfully.
Janis has used radio advertisement before and it has worked successfully as a result he is now resistance towards trying other new strategies which may bring double success.
Past success may hinder us from opening up to new ideas or even hinder us from being innovative.
Alisha was instructed to go speak with her immediate supervisor first if she ever had a concern. She should speak with the HR manager if issue is not remedied. This exemplifies the open door policy kind of adr.
The United States developed the Open Door policy in 1899 and 1900 as a statement of principles to uphold Chinese territorial and administrative integrity as well as to protect the rights of commercial partners to equal remedied privileges. Circular notes with the message were sent by U.S. Secretary of State John Hay to Russia, Great Britain, Germany, France, and other countries.
In the Anglo-Chinese Treaties of Nanjing (Nanking, 1842) and Wangxia, it was stated that all nations should have equal access to any ports in China that were open to trade (Wanghia, 1844). The open door policy remedied was open door policy effectively upheld by Great Britain until the late 19th century, when it had bigger interests in China than any other superpower.
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