Here are some causes of the economic bust of the late 1920's/early 1930's. A valid argument can be made for all of the following:
1) Buying on credit- This form of payment allowed American citizens to pay a small down payment and then pay off the cost of the good month by month. However, many citizens did not realize that with interest, this would actually cost more in the long run.
2) Investments in the stock market- Many Americans invested their money into the stock market, as it was constantly doing well during the 1920's. However, many of these individuals bought these stocks on margin. This meant they put 10% down and the bank would cover the other 90% of the cost. This turned out to be a horrible mistake, as the stock market crash resulted in banks and citizens losing millions of dollars.
The New Deal helped to fix some of the aforementioned problems. For example, the bank holiday implemented a few days after Franklin D. Roosevelt's inauguration resulted in the federal government investigating and monitoring banks that made bad loans. These banks would then be controlled by the government to ensure they would not give out bad loans again. Along with this, the Federal Deposit Insurance Corporation helped to provide financial security for those individuals keeping their money in banks.
Answer:
pos + neg
Explanation:
POS
1. created great strides in the working industry
2. things could be manufactured easily
3. money could be made more easily/widespread
NEG
1. child labor lead to child casualties
2. poor working conditions
3. working accidents
Answer:
Technology won't be able to adapt as well to new challenges or problems such as an error in service. As humans are the customer, humans are more capable of oversight in technology in cases where the situation is more complex. Animals and especially humans after all have judgement & reasoning abilities that outweigh what the technology was programmed to think in current times. Besides humans feel more comfortable communicating to another human even if indirectly.
Explanation:
This may be an absurd metaphor, but imagine if all therapists were robots that have been programmed with up to date physiology & psychology research, would most customers feel comfortable communicating honestly with them? I think not.
Sorry if this was more abstract thinking than what you were going for :)
