Which statement best describes the state of the economy when President Obama took office?

History

2 answers:

9966 [12]3 years ago

5 0

Answer:

Inflation was out of control, and Americans could not afford basic necessities. Financial institutions were failing, housing prices had fallen, and unemployment was rising. Employment was increasing, and businesses were making record profits. Inflation was rising, interest rates were rising, and housing prices were rising.

Rama09 [41]3 years ago

4 0

Answer:

Financial institutions were failing, housing prices had fallen, and unemployment was rising.

Explanation:

You might be interested in

After 1965, black civil rights leaders found it difficult to

hammer [34]

The correct answer is D. enforce new laws in the South. The problem was that there were still a lot of racially discriminatory laws in the south and a lot of social discrimination which made it difficult to enforce new laws,such as the prohibiton of racial discrimination of voting.

3 0

3 years ago

What was the primary reason for the economic recession in Europe following World War I?

Alex73 [517]

Answer:

The primary reason for the economic recession in Europe following World War I was due to the decline in the economic activities in the United States.

This was because the activities and plans achieved during the war had to undergo some modifications after the war which resulted in a certain degree of economic deterioration. Although it occurred for a short while after which economic boom occurred.

3 0

3 years ago

Why did Washington consider it important to put down the Whiskey Rebellion?

wlad13 [49]

Washington considered it important to put down the Whiskey Rebellion, because if he didn't, it might undermine the new government and weaken its authority.

6 0

3 years ago

Which statement is true regarding the twenty sixth amendment

dalvyx [7]

The twenty-sixth amendment supports that U.S. citizens who are over 18 can vote. During World War II, President Franklin Roosevelt lowered the minimum drafting age from 21 to 18, this led to a lot of protests and oppositions, and so the popular rally saying was "Old Enough to Fight, Old Enough to Vote" was established. Passed and Ratified by Congress in 1971, 26th Amendment granted the right to vote at age 18.

5 0

2 years ago

Read 2 more answers

Farmers and laborers made up the Sumerian

Sergio [31]

Answer:

Working Class

••••••••••••••••••

7 0

3 years ago