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
Two types of deposit accounts are
andre [41]

Answer:

checking and saving

Explanation:

when you opening a new bank account. the bank will ask you want to open a checking and saving account or both

4 0
3 years ago
Behaving in an acceptable manner within a workplace environment is refered to as workplace etiquette.
alexandr402 [8]
True because workplace etiquette is behaving with manners and kindness
8 0
3 years ago
Read 2 more answers
North america is about 80% urbanized. this mean that about 75% of north american
777dan777 [17]
<span>North america is about 80% urbanized. this mean that about 75% of north american people live in cities. also the population is very less compared to the land area. May be people would prefer to live in urban areas rather living in rural or forest areas. this condition is helpful in preserving forest and natural resources. the only problem is the quality of living in urban areas will be poor compared to rural areas.</span>
8 0
2 years ago
Carrot Corporation, a C corporation, has a net short-term capital gain of $65,000 and a net long-term capital loss of $250,000 d
Molodets [167]

Answer:

The answer is  $45,000

Explanation:

$45,000

- Net Short Term Capital gain +Net Long Term Capital loss= 65,000+ (250,000)= -185,000

-Net Long Term Capital loss(2015)+Net Short Term Capital gain (2016)+Net Long Term Capital Gain(2017) = 60,000+45,000+35,000=140,000

-185,000+140,000= <u>(45,000)</u>

5 0
3 years ago
Read 2 more answers
Income statement information for Einsworth Corporation follows: Sales $1,500,000 Cost of goods sold 900,000 Gross profit 600,000
Semenov [28]

Answer:

A vertical analysis income statement uses Sales as a base and makes everything else a percentage of sales.

                                            Vertical Analysis Statement

                                                     Amount                     Percentage

Sales                                       $1,500,000                         100%

Cost of Goods sold                ($900,000)                          60%

Gross Profit                               $600,000                          40%

Cost of Goods sold percentage = 900,000 / 1,500,000

= 60%

Gross Profit percentage = 600,000 / 1,500,000

= 40%

6 0
2 years ago
Other questions:
  • Total quality management differs from traditional performance measurement in that it:
    7·1 answer
  • Who focuses on project interdependencies and helps to determine the optimal approach for managing and realizing the desired bene
    12·1 answer
  • Specialty Auto Parts Company uses the indirect method to prepare its statement of cash flows. Refer to the following information
    10·1 answer
  • Percentage of sales budgeting can also be called _____.
    14·1 answer
  • LO 1.3The Certified Management Accountant (CMA) certification:
    14·1 answer
  • State whether each of the following statements is true or false.
    14·1 answer
  • According to the video, what do many Accountants and Auditors decide to do?
    14·1 answer
  • Aldo has just been audited by the IRS. He does not agree with the agent's findings but believes that he has only two choices: pa
    7·1 answer
  • John wants to purchase a new motorcycle that costs $10,000 in five years. If John wants to have $10,000 in five years, how much
    8·1 answer
  • What tends to happen to a nation that increases its participation in an open economy with an international sector?.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!