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Rudik [331]
4 years ago
12

What was a cause of the economic depressions in the late 1800s apex?

History
2 answers:
Ymorist [56]4 years ago
8 0
There were more goods than wants for them 
zhenek [66]4 years ago
8 0

The correct answer <em>is many goods on the market but such a few money to buy them. </em>

An economic depression is when the economy of a nation down-turns for a prolonged period of time, instead of keep growing, The consequences of this are worst than a recession.

For instance, let’s take the case of the American depression in 1929. Historians say that the causes of this major depression were the speculation of railroads companies, drops in cotton prices, and the crash in the stock market.  


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The construction and governance of Baghdad during the Abbasid Caliphate is referred to as the "Golden Age of Islam." It was a time when academia flourished.

The Islamic Golden Age saw the flourishing of numerous artistic disciplines, including calligraphy, illuminated manuscripts, textiles, metalwork, and ceramics.

<h3>What was the impact of the golden age of Islam?</h3>

The emergence of Islam and the founding of the first Islamic state in 622 marked the beginning of the Islamic Golden Age. The invention of paper in the tenth century made it possible for Islamic scholars to quickly produce manuscripts, and Arab scholars also translated classical works of antiquity into numerous languages to preserve them.

During "the Golden Age of Islam," which lasted from the seventh to the end of the eleventh century, the Middle East had one of the most dynamic economies in the entire globe. Agriculture was extremely prolific and the benefits from long-distance trade were the main pillars of the wealth.

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