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
Reptile [31]
3 years ago
15

Which economic development contributed to the Great Depression?

History
2 answers:
mixer [17]3 years ago
8 0
<span>Many things caused the Great Depression, not just one single event.
</span><span>Stock Market Crash of 1929.
</span><span>Bank Failures
</span><span>Reduction in Purchasing Across the Board
</span><span>American Economic Policy With Europe

credits to: https://www.thoughtco.com/causes-of-the-great-depression-104686
</span>
gregori [183]3 years ago
8 0

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 during the american devolopment. 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. The situation worsened with the recovery of the European economy, which again developed and drastically reduced demand for American products. 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.

You might be interested in
Why does Hakim call the late 1800's an age of extremes?
cluponka [151]
Only extreme few people possessed significant wealth and power i might be wrong

5 0
3 years ago
James oglethorpe's hiring of mary musgrove had a positive impact on english and native relations because
Papessa [141]
<span>she helped to make fair trades and negotiations between the groups and served as an interpreter</span>
4 0
3 years ago
Read 2 more answers
Plz hurry Who lost the 1824 presidential election despite receiving the most Electoral College votes?
marta [7]

Answer:

In the election, Andrew Jackson won a plurality of both the popular and electoral vote.

Explanation:

Even though Jackson had the most votes, he still lost the election.

3 0
2 years ago
Read 2 more answers
What is the difference between Greek sculptors from Roman sculptors?
AnnyKZ [126]
Greek were very skilled sculptors but since Romans copied the greek style they improved the methods and made their sculptures much more better and unique.
3 0
3 years ago
Why did a Cold War exist?
Orlov [11]
An ideological war existed? Sorry, its just your format is kind of awkward is all.
6 0
3 years ago
Other questions:
  • To reinforce the power of the Catholic Church, Ferdinand and Isabella established the Spanish
    5·2 answers
  • How did the english create their first overseas colonies in ireland and america?
    14·1 answer
  • A man named Alexander Graham bell received a patent for his telephone invention in 1876. Today many Americanism carry cell phone
    14·1 answer
  • An official count of the people in a country?
    8·1 answer
  • Who wants to help me pass this semester ahah
    5·2 answers
  • What effect did trade embargoes and the War of 1812 have on American Industry?
    10·1 answer
  • On which continent were the later Muslim empires mostly located?
    7·2 answers
  • Which branch of the government rules on the meaning and constitutionality of laws. A. Legislative. B. Executive. C. Judicial 
    14·1 answer
  • Oklahoma is the nation's third-largest producer of __________. A. natural gas B. oil C. citrus fruits D. computer software
    15·1 answer
  • I would like to know what the 13, 14, and 15th amendments mean?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!