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
a_sh-v [17]
4 years ago
8

When did the international economy collapse and why- durning the great depression

History
1 answer:
tatyana61 [14]4 years ago
6 0
Many people during the roaring 20s had lots of money and decided to start buying stocks. More and more people bought the stocks until they were valued more than their actual worth. Americans poured their money, sometimes their life savings, into stocks. In October of 1929, the booming American economy came to an abrupt end as the US stock market crashed. Panicky investors tried to sell their stocks. Banks had made loans that people could not repay. Depositors grew nervous about their money and tried to withdraw it all from the banks, leading to bank failures. Businesses went broke, once-busy factories closed, and millions of workers lost their jobs. 

This affected other nations because once America lost it's prosperity and money, they no longer traded. Due to bank failures and factories closures, America did less business overseas, spreading the Great Depression all over.

Hope this helped ^.^ 
ps, this is from my notes. :)
You might be interested in
How did President Nixon respond to the US Senate’s demands during the Watergate hearings?
matrenka [14]

Because he sent his dogs to he sails man across the ocean from point A to point B

6 0
3 years ago
Read 2 more answers
The ability to tap into signals fron the brain to produce hand and arm movement holds promise for patient's with what?
Alika [10]
Spinal chord injuries
8 0
3 years ago
Read 2 more answers
Who leads the House of Representatives, and how is this role different from that of the leader of the Senate?
sergeinik [125]
Which country are we talking about ?do you mean in general ?
7 0
3 years ago
Summarize lincoln becoming president
11111nata11111 [884]

Answer:

Abraham Lincoln is elected the 16th president of the United States over a deeply divided Democratic Party, becoming the first Republican to win the presidency. Lincoln received only 40 percent of the popular vote but handily defeated the three other candidates: Southern Democrat John C. Breckinridge, Constitutional Union candidate John Bell, and Northern Democrat Stephen Douglas, a U.S. senator for Illinois

Explanation:

8 0
3 years ago
Read 2 more answers
I ADDED 50 POINTS WHOEVER ANSWERS GETS 50 POINTS
sertanlavr [38]

Answer:

Federalist

Explanation:

3 0
3 years ago
Other questions:
  • Many state constitutions go on for pages describing, for example, the rules for issuing bonds or defining the jurisdiction of va
    11·1 answer
  • What civilization relied heavily on hunting and fishing to gather food?
    8·2 answers
  • Which of the following did Japan, Italy, and Germany share in the 1930s? Widespread arrest and execution of political opponents
    5·1 answer
  • What are the 3 VERY Earlier Important historical Documents that helped create the Declaration of Independence?
    14·1 answer
  • Social Studies 6B
    6·2 answers
  • Lexington and concord of the sights of the beginning of the
    13·2 answers
  • Why did Andrew Hamilton defend John Peter Zenger and free speech
    11·1 answer
  • Did islams invent the printing press
    9·2 answers
  • In a mixed-market economy, the government regulates business
    7·1 answer
  • 3. In what ways is Vladimir Putin behaving like a dictator? Propaganda
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!