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frosja888 [35]
3 years ago
5

Which fact is the BEST piece of supporting evidence that overproduction and falling prices was a cause of the Great Depression?

History
2 answers:
sweet-ann [11.9K]3 years ago
8 0

Answer:

In 1920 a bushel of wheat sold for $2.94, in 1929 it sold for $1.00 and by 1932 a bushel sold for .30 cents.

Explanation:

The fact that is the BEST piece of supporting evidence that overproduction and falling prices was a cause of the Great Depression is that in 1920 a bushel of wheat sold for $2.94, in 1929 it sold for $1.00 and by 1932 a bushel sold for .30 cents. Farmers produced more as a result of WWI but as demand went down, they continued to overproduce which led to falling prices.

Pani-rosa [81]3 years ago
7 0

A) In 1930 over 1,350 banks closed and customers lost all their savings.

B) The unemployment rate in 1929 was 3.2% and by 1933 there was a 25% unemployment rate.

C) In 1920 a bushel of wheat sold for $2.94, in 1929 it sold for $1.00 and by 1932 a bushel sold for .30 cents.

D) The stock market's low average dropped over 23% over a two day period in October of 1929 and lost 90% of it's value by 1932.

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During the Nullification Crisis of 1832, South Carolina threatened to secede from the Union because it disagreed with a federal
nlexa [21]

Simple Answer: Tariffs

A tariff is a tax (in this case) on imports. The South, particularly South Carolina, objected strongly to the high rate of taxation on goods she desparately needed. The rates did seem a little high -- 62% on 92% of the goods coming into South Carolina (and other southern states). For example if South Carolina want to import 1000 dollars worth of shovels, she would have to pay an additional 620 dollars to do it.

The acts of 1828 and 1832 were thought by the South to be ruinous because not only would she be forced to pay much more for basic needs, she would not be able to sell her cotton to Great Britain because of the way the tax was imposed.

Thus a very strong case was built for disobedience to the 1828 and 1832 acts.   What made those two acts a pain was that North was determined to force unity on a South that had other economic problems during the 1830s (like drought). So the nullification process meant that something had to be done or South Carolina was threatening to go to war to protect her economy.

Thus the Tariff act of 1833 was introduced, and though you have not asked anything about that, I think you should note that Act was intended to unruffle South Carolina's feathers.  It was a grand compromise devised by Andrew Jackson's administration. It succeeded until 1842 when it's tenure was up. You can read all of this by reading more about the Nullification Crisis. Be sure and read about Jackson's comments on it.  

So this rather complex turn of events all really hinged on money and standard's of living. The vocabulary used was States Rights Vs Federal Rights. Put in very simple language: who has more rights, the one or the many? It took a civil war some 30 years later to resolve that question.

6 0
3 years ago
What free African American fought at both Bunker Hill and Saratoga?
Ilya [14]
I know that Salem Poor fought at Bunker Hill and I think he fought at Saratoga as well.
8 0
3 years ago
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Which event helped transfer power from the West to the East? A. the development of a unique code of law for the Byzantine Empire
Daniel [21]

Answer:

B. the shift of the Roman Empire's capital from Rome to Constantinople

Explanation:

The Western Roman Empire had been on the decline, while the Eastern Roman Empire has been on the rise. Being more powerful and more influential, the capital of the Roman Empire shifted in the Eastern part of it. Constantinople became the capital of the Roman Empire in 330 AD. This led to significant transfer of power toward the East, and big loss of power in the West. The East prospered more and more and became the strongest power in every sense in the region. The West on the other side was crumbling, little by little losing its political, economic, and military power, eventually resulting in its fall.

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2. Name one way the Inca Empire consolidated and maintained their power.
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Answer:

Inca roads help the government consolidate and maintain power because it would allow messages to be sent from one person in power (government officials) to another communicate with each other

6 0
2 years ago
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Compare the industrial revolution in England and Russia. 2 exampless
KIM [24]

Answer:

RUSSIA

Industrialization in the Russian Empire enabled the development of the industrial sector of the economy, which allowed to increase labor productivity and partially provided the economy with industrial products. Industrialization in the Russian Empire was a reaction to the industrialization process in Western Europe countries.

England

The first steps related to accelerating the development of industry were taken during the reign of Peter I. However, the beginning of the introduction of machine production in leading industries and vehicles was in the second quarter of the 19th century. This period is considered to be the beginning of the industrial revolution in Russian Empire. The industrialization process continued until 1917. Later in the years of Soviet industrialization. Russia was in the role of catching up, trying to catch up with the advanced countries of the West in terms of industrial development.The revolution began during the mid eighteenth century when the need for cotton in England rose. Workers tried to resist the change, but failed when they could not produce as much cotton as that required to sustain the economy in England. The inventions at this time were at first limited to cotton weaving but later the industry opened to other forms of inventions. At this time when machines were invented for producing cotton, capitalism also took on the rise. The wealthy bought machines that were used for cotton production and employed the poor people into their factories for processing. This change in production made the factory system to replace the cottage industry in England. (stearns 120)

The invention of factory systems later was followed by a change in the social set up, where government and social policies were changed. Culture was as well changed and its transformation took into different and unique styles that were new to the English. This means the English life with machinery had played a big role in the transformation of the English social life.

Explanation:

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