They are a form of "budgeted capital" since the money is used for this has been set aside for this purpose
Answer:
overproduction of goods and the expansion of unbridled credit by banks.
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. However, production increased in a way that there was not enough consumer market to dispose of the products. The businessmen lost the conditions to pay their loans to the banks and the financial system collapsed.
Currently, the Federal Reserve has regulatory mechanisms that aim to reduce the risk of unbridled expansion of bank credit, such as the collection of the compulsory deposit and monetary policy. However, it is not possible to say that the risk is non-existent. We live in a special moment where technology has positive impacts, but can also cause negative havoc. For example, virtual currencies, if not well regulated, can cause a new crisis.
Answer:
- Many Farmers sold their Land and Farming equipment ( B )
- Many Farmers borrowed money against the profits of future crops ( D )
Explanation:
These farming practices were very bad practices that lead to economic downturns because it resulted mostly to drastic reduction of agricultural produce and availability of food in the open market which might lead to importation of food that would have been produced locally and add to the country's GDP.
Farmers selling off their Land and Farming equipment is not a good farming practice because it means that the farmer is no longer into farming leading to decrease in potential agricultural produce in the market.
Farmers borrowing money against the profits of his future crops is a very bad farming practice because the profits were supposed to be used to invest into the farm and not to service loans.
1. What was the cause of World War 2?
C. The British and French policy of appeasement.
2. The events that led to the outbreak of World War 2 in Europe began with German troops occupying the Rhineland and ended with the German invasion of Poland. Which event occurred in between?
D. Hitler annexed Austria to the German Reich.
Answer:
the state of something with regard to its appearance, quality, or working order
Explanation: