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
Doss [256]
3 years ago
6

.Which economic condition of the 1920s was amajor cause of the Great Depression?(1) Farm prices rose dramatically.(2) Industry o

verproduced consumer goods.(3) Banks were reluctant to lend money.(4) Demand increased faster than supply
Business
2 answers:
inna [77]3 years ago
7 0

Answer:

(2) Industry overproduced consumer goods.

tankabanditka [31]3 years ago
5 0

Answer: All of the above and more caused the Great Depression

Explanation:

The stock market crash of 1929 occurred as a chain of events that plunged the United States into its longest, deepest economic crisis of its history. the stock market crash wasn’t the only cause of the Great Depression.

Overproduction and the excessive use of credit also accounted for it so also, widening income gap between the rich and the poor.

7 major cause were:

1. Irrational optimism and overconfidence in the 1920s.

2. 1929 Stock Market Crash.

3. Bank Closures and weaknesses in the banking system.

4. Overproduction of consumer goods.

5. Fall in demand and the purchase of consumer goods.

6. Bankruptcies and High levels of debt.

7. Lack of credit.

You might be interested in
Alfred is saving up money for a down payment on a townhouse. He currently has $5016$ 5016, but knows he can get a loan at a lowe
VikaD [51]

Answer:

It will take Alfred to accumulate the $5994 annually 4.1367 and monthly 4.0557

Explanation:

In order to calculate how long will it take Alfred to accumulate the $5994 we would have to use the following formula:

A=P(1+r/n)∧n*t

P=$5,016

A=$5994

r=4.4%

n=1 annually

n=12 monthly

Therefore, t annually would be as follows:

5,994=$5,016(1+(4.4%/100)/1)∧1*t

t=4.1367

Therefore, t monthly would be as follows:

5,994=$5,016(1+(4.4%/100)/12)∧12*t

t=4.0557

It will take Alfred to accumulate the $5994 annually 4.1367 and monthly 4.0557

7 0
3 years ago
A gardener has three herb beds she wishes to plant in a design that consists of three equilateral triangles laid out in such a w
densk [106]
The design is shown in the attached picture. An equilateral triangle has sides that have equal measurements. On the other hand, a vertex is the terminal point of at least two line segments. Therefore, when you join three equilateral triangles sharing a common vertex, that simply means that they have a common point.

8 0
3 years ago
Unavoidable fixed costs are __________.
allsm [11]

Answer:

Irrelevant to the decision of whether to discontinue a product line because they will not differ between alternatives.

Explanation:

Unavoidable fixed costs can be defined as the costs that is sustained by an organization irrespective of if an activity is carried out or not.

Unavoidable costs are the costs that are encountered by a lot of businesses, this cost cannot be prevented even though production activities in the company are suspended in the short-run. These fixed costs are unavoidable and uncontrollable.

Unavoidable fixed costs is as a result of the various risks incurred by an organization inorder to stay relevant in the market. Example of unavoidable costs include tax payment, rental payments.

4 0
3 years ago
Situation 1: A company offers a one-year warranty for the product that it manufactures. A history of warranty claims has been co
mr_godi [17]

Answer:

Please find the detailed explanation below.

Situation 1 and 2 have disclosure while situation 3 does not require any disclosure.

Explanation:

Situation 1. Accrual. The one-year warranty has created what is known as contingent liability. Contingent liability is a type of liability that is dependent on the outcome of some specific actions which has happened in the past. The eventual liability may or may not happen. But since the probable claim from the one-year warranty has been determined, it should be disclosed. But if the claim cannot be determined, it shouldn't be disclosed.

Situation 2. Since this contract happened before the issuance of financial statement and the amount of loss from this contract can be reasonably estimated or determined, then it must be disclosed and the likely amount must also be disclosed. This disclosure will be under 'note to the financial statement'.

Situation 3. This is a self insurance and self insurance is not an insurance. There is no contingent liability in this situation. Also, there is no accident, no injury. Hence, this is no disclosure here.

4 0
3 years ago
Assume an economy is currently engaged in free trade but considering implementing a tariff on its main import, athletic shoes. W
UNO [17]

Answer:

Price - increase

Domestic production- increase

Import- reduces

Producer surplus- increase

Explanation:

A tariff is a form of tax on import or export.

When a tariff is imposed on a good , the price of the good increases.

As a result of the tariff , the amount of the goods imported falls as the imported good is now more expensive. The quantity produced by domestic producers increases as consumers would now start demanding for the domestic good. Tariffs are sometimes enacted to discourage importation and encourage domestic production.

As a result of the price increase, producer surplus increases. The increase in price also increases output. The producer surplus is the difference between the price of a product and the least amount the producer is willing to sell his product.

I hope my answer helps you.

7 0
3 years ago
Other questions:
  • When a bankrupt company's only listed address and phone number is a post office box and an answering service, we may see this as
    8·1 answer
  • Advantages of ________ include reduced start-up fees and no territory restrictions.
    10·1 answer
  • A country has been in existence for only two years. In the first​ year, receipts were​ $1.0 million and outlays were​ $1.5 milli
    13·1 answer
  • Indicate with the appropriate letter the nature of each adjustment described below: Type of Adjustment A. Change in accounting p
    7·1 answer
  • Suppose that you open your own business and earn an accounting profit of​ $35,000 per year. When you started your​ business, you
    11·1 answer
  • Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) owner’s equity:_______.
    11·1 answer
  • Violet Industries held an annual meeting and reported a new annual budget of $50,000 in total fixed expenses. The new selling pr
    9·1 answer
  • The Peoria Supply Company sells for $30 one product that it purchases for $20. Budgeted sales in total dollars for next year are
    13·1 answer
  • Briefly evaluate the effectiveness of artificial trade barriers, such as tariffs and import quotas, as a way to achieve and main
    11·1 answer
  • When deciding on an office layout, a business or organization has to consider all of the following except:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!