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
Ahat [919]
3 years ago
10

Describe and analyze the causes and consequences of the Great Depression: how did it happen and how did Americans react? In your

response, be sure to mention...
[1] How overproduction, underconsumption, and the stock market crash of 1929 contributed to the Depression;

[2] How Dust Bowl conditions on the southern Plains made the Depression worse;

[3] How widespread unemployment left its mark on the American psyche for decades after the Depression was over.
History
1 answer:
murzikaleks [220]3 years ago
7 0
Causes of the Great Depression
- Installment purchasing- Many American families bought luxury goods during the 1920's. Since these families could not pay the upfront costs of the goods, they would use installment plans to buy them. This included putting a little money down and paying off the item over several months or years. However, this system failed because many citizens did not realize that this system actually results in the customer paying more over time in comparison to paying the upfront price.

- Stock Market Crash of 1929- When the prices of stocks crashed in October 1929, millions of Americans lost huge amounts of money. This is because many people invested in stocks, believing that they were a great way to make money.

- Dust Bowl- This drought in the Plains region ruined farmers abilities to make crops. Since the farmers struggled to make crops, they struggled to make money and provide a living for their families.

Effects (Consequences) of Great Depression
- Increased unemployment rate.
-Decreased value of stocks.
- Beginning of relying on government to help citizens during tough economic times.

You might be interested in
An economic theory that calls for workers to take control of factories is
Alex73 [517]

Answer:

communism

Explanation:

a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.See also Marxism.

4 0
2 years ago
Which was not a response to he September 11 terrorist attacks on the United States?
denpristay [2]

<span>The correct option is a. Iraq denounced the events and disassociated itself from al-Qaeda</span>

Iraq did not come out to condemn the events of September 9/11, However, world leaders condemned the action and promised to stand with the United States. The President also responded decisively through the use of military force to avenge the attack

3 0
3 years ago
When was the old kingdom in Egypt 1000 bce
Eva8 [605]

Answer:

After two centuries (off and on) as a province of the Persian empire, Egypt was conquered by Alexander the Great. After his death in 323 BCE, Egypt passed into the hands of his general, Ptolemy, and his descendants. Under them, Egypt has become the wealthiest and most highly organized of the “Hellenistic” kingdoms.

4 0
3 years ago
HELP ME!! What impact did the Treaty of Paris 1783 have on Native Americans?
serious [3.7K]

Answer: 4. The Native Americans were not included in any of the Treaty proceedings and were forced to give up their lands over time

Explanation:

Though the treaty ended hostilities between Great Britain and the newly formed U.S. , recognizing it as a soveirgn nation, Britain did nothing to protect Native Americans on the proceedings. The U.K. continued to supply natives with manufactured goods and guns in exchange of furs with the hope that they would stop or hinder westward expansion into the Ohio territory from american settlers, but no legal protection was granted, and over time, american settlers came to dominate and eventually displace Native Americans from their territory.

3 0
3 years ago
What happened after the Communist party dissolved itself in Hungary?
Shalnov [3]
C.) the citizens began to revolt in Hungary
8 0
3 years ago
Other questions:
  • To what extent was the temperance movement a success?
    14·1 answer
  • In his speech “On the Cult of Personality,” Khrushchev spoke against Stalin’s policy of
    12·1 answer
  • As you know, Laertes and Fortinbras are two characters in Shakespeare’s play that serve as foils for Hamlet. How does each figur
    13·1 answer
  • The excerpt is from an African American poem called “The Black Man’s Burden.” Pile on the Black Man’s Burden. 'Tis nearest at yo
    5·2 answers
  • The San Francisco school board voted to segregate Asian children in school during the early 1900s.
    12·1 answer
  • If the setting of a story is in a family's living room, which character most closely connects with this setting?
    15·1 answer
  • In which of these periods did humans first develop metal tools?
    8·2 answers
  • What was George Patton’s innovation in the battle against Pancho Villa in Mexico? Why was this invention such a big turning poin
    14·1 answer
  • Should the US have intervened in the Russian Civil War?
    10·1 answer
  • Compare the role of WOMEN is Sparta and Athens
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!