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
Akimi4 [234]
3 years ago
12

Compare and contrast the causes and responses of the great depression in the usa and germany

History
1 answer:
Tomtit [17]3 years ago
5 0
The 1929 stock market crash and the subsequent „great depression‟ was the biggest economiccrisis that the world has experienced. The depth and length of the crisis and the suffering thatit caused is legendary. Therefore when the global financial crisis struck in 2007, many rushedto proclaim that we were about to experience another depression on a similar scale, or at leastwhat some havetermed a „great recession‟.This essay will compare and contrast the twoeconomic crises to analyse the key similarities and differences between the two. To do this,the essay will firstly provide an outline of the conditions that led to the 1929 crash in theeconomy. Moving on from here the essay will then look at the policy responses that wereimplemented to tackle the crisis before analysing the conditions that precipitated the 2007financial crisis and the policy responses, to draw out the similarities and differences of eachof the crises, and to ascertain were any lessons learned during the current global crisis fromthe policies of the great depression era. Finally the essay will conclude with a discussion of the main points raised by the analysis of both crises and a look at the future prospects for recovery.Capitalism is a system of economic development that has crises as an inherent feature. Manycrises have occurred both before and after the 1929 stock market crash, however the lengthand depth of the great depression has made it the point of reference for judging the severity of a financial crisis. Much debate has occurred over the causes of the great depression. Whilemany see the late October 1929 New York stock market crash as the defining feature of thecrisis, the reality was much more complex and multifaceted. As (Teichova 1990, p.8)suggests, the great depression was “the deepest, all embracing (agricultural, industrial,financial, social and political) and longest crisis with catastrophic consequences”. As well asthis, although the United States led the way, this crisis was global and the rest of the worldalso experienced depression. So, any analysis of the great depression must look at the variousfactors that caused and perpetuated it.The 1920s in America have been described as the roaring twenties. After the devastation of the first-world-war, during the 1920 to 1925 period US and international economies wereexperiencing a boom. During that period, world mining and manufacturing output grew bynearly twenty percent (McNally 2010, p.63). However,
You might be interested in
The Pantheon was one of the most influential designs in the history of architecture. It brought new meaning to the phrase shapin
lutik1710 [3]

Answer:

The design is based on the intersection of two circles.

Explanation:

The pattern of intersection circles, and the repetition of them, create a sense of space. This architectural style was first used in the 7th century BC because of the aesthetics and symmetrical style and was incorporated by the Romans in the subsequent years in their main buildings.

4 0
3 years ago
After World War II, what did Congress do to help the nation transition from a wartime economy to a peacetime economy?
9966 [12]

C) Reestablished controls on prices, wages, and rents.


In 1946, a joint resolution of Congress extended the price controls enacted during World War II for an extra year past their initially planned end date, in order to help as the country transitioned to a peacetime economy. The government wanted to get away from price controls, but didn't want to do so too abruptly. The joint resolution (passed in July, 1946), included this statement: "It is hereby declared to be the policy of the Congress that the Office of Price Administration, and other agencies of the Government, shall use their price, subsidy, and other powers to promote the earliest practicable balance between production and the demand therefor of commodities under their control, and that the general control of prices and the use of subsidy powers shall, subject to other specific provisions of this Act, be terminated as rapidly as possible consistent with the policies and purposes set forth in this section and in no event later than June 30, 1947, and on that date the Office of Price Administration shall be abolished. "


So there was a temporary extension of the price control measures, reestablished or extended by the joint resolution of Congress.

7 0
3 years ago
Read 2 more answers
Who was allowed to vote win the US Constitution was written
Ludmilka [50]

African American men the right to vote by declaring that the "right of citizens of the United States to vote shall not be denied or abridged by the United States

5 0
3 years ago
How did the Black Power movement impact the fight for civil rights?
defon

The Black Power movement was able to change the civil rights movement because It frightened some whites.

<h3>What is the Black Power Movement?</h3>

The Black Power Movement was a social movement that advocated for the self-advocacy of the black people and changed the shift of the movement by emphasizing on Black power.

Furthermore, the social movement was as a result of people feeling like the African American Civil Rights Movement was not achieving much

Therefore, the Option B is correct.

Read more about Black Power Movement

<em>brainly.com/question/10678339</em>

4 0
2 years ago
What is a coalition?
stepan [7]
The answer is the temporary alliance of political parties.. They take actions
5 0
3 years ago
Read 2 more answers
Other questions:
  • Which Muslim empire's government encouraged religious and cultural toleration?
    10·2 answers
  • What were 2 areas of society that changed as a result of reformation
    12·1 answer
  • The Maryland state law involved in the Supreme Court case of McCulloch v. Maryland
    15·2 answers
  • Which would be most likely to be a “consumer good”? A) lumber B) iron ore C) chainsaw D) a bale of cotton
    7·2 answers
  • If you could go back in time, during which era would you choose to live in? Why?
    13·2 answers
  • Do school newspapers have the right to criticize the principal and School Board
    7·2 answers
  • Why did lincoln block the Wade-Davie Bill with pocket veto
    10·1 answer
  • I need help look at the picture plz help me
    8·2 answers
  • NO LINKS PLEASE IM BEGGING
    12·1 answer
  • Could someone pls answer question 8?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!