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
Cual fue el rol que tuvo el poder judicial y los tribunales de justicia en el plano de la violacion de los dd.hh. en chile 1973
deff fn [24]
Nose espero haberte ayudado
6 0
3 years ago
Help please!!!!!!!!!!!!!!
Art [367]

Answer:

4

Explanation:

6 0
3 years ago
Which of the following funded state and private relief agencies, such as the red cross
Troyanec [42]

What is one way the Farm Holiday Association protested the federal government?-B by refusing to sell produce or purchase other goods

Which of the following funded state and private relief agencies, such as the Red Cross?-C President's Organization of Unemployment Relief

How did the Great Depression impact African Americans?-A Declining Agricultural prices, C Business owners conspired

Select three sentences from the highlighted text- 3.With the addition of sound movies became increasingly popular, 4.Radio was also wildly popular,offering many kinds of programs from sermons to soap operas, 5.In the 1930s big bands and swing music were popular with Duke Ellington Benny Goodman and Glen Miller popular bandleaders.

7 0
3 years ago
Read 2 more answers
Historians believe that Martin Luther announced the Ninety-Five Theses by
Rudik [331]
Nailing a list to the door of a church in germany
6 0
3 years ago
In 1922, under the leadership of lenin, russia was divided into how many republics and became known as the soviet union?
ZanzabumX [31]
<span>Russia was divided into four socialist republics which established the USSR on December 30th, 1922. The republics were the Russian and Transcaucasian Soviet Federated Socialist Republics and the Ukrainian and Belorussian Soviet Socialist Republics.</span>
6 0
3 years ago
Other questions:
  • How many people died in the 1987 england hurricane?
    5·1 answer
  • How is thr history of blue jeans an example of culture change
    8·1 answer
  • How does the American flag motivate and inspire you?
    14·2 answers
  • If a headless worm can grow a worm why cant people think of old memeries
    14·1 answer
  • 4a) How are leaders chosen in the colony of Connecticut? Cite evidence from the text to support your answer.
    5·1 answer
  • My brainly ban of 48 hours is finally over!
    12·1 answer
  • Was Stanley tookie Williams a good model inmate inside San Quentin prison ?
    10·1 answer
  • What is the answer to number 3?
    5·2 answers
  • Explain impeachment and the process that Congress must follow during impeachment.
    10·1 answer
  • Which of the following best describes the events that took place at wounded knee in 1890
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!