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
What were some reasons people chose to move to the west
EleoNora [17]
Because they were looking for a new start and they needed new land and resources.
4 0
3 years ago
Read 2 more answers
In which statement is the transition used correctly?
nikklg [1K]
I think the answer would be number 2
7 0
3 years ago
___________ spread Christianity through the early church movement.
Rufina [12.5K]

Answer:

meditarrrian

Explanat

7 0
2 years ago
Read 2 more answers
What was the Three-Fifths Compromise?
nekit [7.7K]

Answer:

b is the correct answer

Explanation:

3 0
3 years ago
A student is writing an informative essay about the Federal Emergency Management Association (FEMA). How would FEMA’s website di
Taya2010 [7]

The FEMA website would be more likely to have accurate information than an outside source.

The FEMA website, being a government source, would report their data and information and accurately as possible.

Outside sources regarding FEMA would contain bias, personal experience, and potentially slanted data. FEMA could have misrepresented data but they answer to the government and the people of the country, whereas outside sources answer to an organization or business. Outside sources would need to be corroborated to verify the information. Though all sources should be verified and corroborated, typically government sources are most accurate.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which executive department would most likely need to approve an oil company’s new pipeline?
    6·2 answers
  • Why where the americans fighting against the british?
    14·2 answers
  • The founders gave veto power to the office of the president to allow the
    8·1 answer
  • 2. Who did George Bush lose to in the 1992 election?
    15·2 answers
  • Which of these is an example of nativism?
    15·2 answers
  • Which group helped to spread the news of England's new policies in the colonies
    9·1 answer
  • Where did China's first civilization
    7·1 answer
  • PLEASE HELP!
    12·1 answer
  • School band members need to raise money for new uniforms. Some members want to sell energy drinks at a
    7·2 answers
  • Answer all parts of the question that follows.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!