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
denis-greek [22]
3 years ago
14

How did the role of agriculture worsen the bank failures of the Great Depression?

History
2 answers:
lord [1]3 years ago
7 0
D is the answer please comment telling me if it was right
JulijaS [17]3 years ago
6 0

Answer:

D. Farmers were unable to pay back loans they had taken out to produce crops that were easily sold during the war.

Explanation:

The Great Depression of the 1930s was the largest recession in history and its causes were overproduction of goods and the expansion of unbridled credit by banks. The American economy was experiencing a period of euphoria during the 1920s. The US had become the world's leading economic powerhouse and was the largest supplier of manufactures to Europe. In this scenario, banks have expanded their credit rampantly to sustain the increase in production. Similarly, the agriculture sector expanded very rapidly, with farmers demanding credit from banks to invest in food production.

However, production increased so that there was not enough consumer market to demand products and food. This situation worsened at the end of the war, when Europe cut back on US imports. Entrepreneurs and farmers have been unable to repay their loans to banks and the financial system has collapsed.

You might be interested in
Rusted
makkiz [27]
Is this even a question
8 0
3 years ago
The difference between a personal right and a political right considers __________.
iren2701 [21]
The political intent and impact is <span>a real right is something that is given to a human being at birth whilst a personal right is difined as right that one has as a humanbeing e.g a right to talk, right to eat.


hope that helped</span>
5 0
3 years ago
What happened when people began to question the value of the paper money?
adelina 88 [10]

Answer:

I think it's because people thought that it was strange carying paper as money

3 0
3 years ago
During the Cold War era, the USA and the USSR were hesitant to go to war with each other because of
nikklg [1K]
Nuclear war duh. That's why it was called the Cold War in the first place there was no fighting to begin with. It was just a series of threats and who could have the best things like the Space Race.
5 0
3 years ago
Read 2 more answers
Who is umbrella man?
erma4kov [3.2K]
United States House Select Committee on Associations and Louise Steven Witt was associated with it.
6 0
3 years ago
Other questions:
  • What caused the persian navy to be destroyed at salamis
    8·1 answer
  • What are the problems and fears faced by europeans after the first world war?
    10·2 answers
  • which congressman proposed that neither congress or any other territorial government can ban or regulate slavery
    8·1 answer
  • Make a list of reasons that Deseret was able to flourish (minimum 3 things)
    5·1 answer
  • A molecule is: A. two or more substances that are mixed together. B. two or more atoms that are chemically bonded. C. a particle
    14·1 answer
  • How did Saladin change the course of the crusades
    5·2 answers
  • Were can you find your rights listed
    10·1 answer
  • Why has the textile industry in South Carolina seen a decline in recent years?
    6·1 answer
  • Can someone do this for me plsss
    15·2 answers
  • The feelings associated with the answer to the previous question have to do with an old Piute tradition that was passed down fro
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!