<span>A subsidy is money that is given to industries to help keep the service or product available at a reasonable price.
Subsidies are important to cultural development because they allow for vital resources to remain available despite the financial burden placed on the provider.</span>
Answer: -Too much money was loaned out to people for risky investments
Explanation: During the 1920's, the positive outlook of the american economy led banks to relax requirements for loans, resulting in a large portion of the populitaion taking debt. The availability of the money given out by loans, led people to take debt in order to invest in the stock market, which resulted in the value rise of stocks in the stock exchange. When the stock market collapsed, the debt invested in the stock market could not be paid by the debtors, as such, many banks were forced to declare bankrupcy.
I think you forgot to give the options along with the question. I am answering the question based on my knowledge and research. <span>An estimated 17 million Americans refused to buy grapes </span><span>during a nationwide boycott that began in 1966. This step was taken to create economic pressure. I hope that the answer has come to your help.</span>
