The correct option is "b. They speculated in the stock market."
The North American economy of the twenties was based on fragile pillars because, to a large extent, it was oriented to speculation. A substantial part of the business profits was not destined to improve productivity but to easy and fast businesses. The monetary surpluses went to the stock exchanges where low-priced stocks were acquired and sold as soon as their price was high.
From 1926 that economic model went into decline. The saturation of the market and the decrease in demand caused a decrease in industrial investment. The countryside was affected by an overproduction crisis and farmers suffered a substantial reduction in their profits. Speculation not only affected the stock market, it also extended to areas such as the second home: there were areas, such as Florida, that were the prey of an unprecedented real estate boom. The houses were bought and sold with the sole purpose of obtaining quick profits and their prices doubled or tripled in just a few months.
Answer:
wow tevis needs this too
Explanation:
ppopopopopopopopopopopop docurrkfpk
Answer:
Let me see what I can do and I will get back to you.
Explanation:
Answer:
The Mayflower Compact was important because it was the first document to establish self-government in the New World. It remained active until 1691 when Plymouth Colony became part of Massachusetts Bay Colony.
Explanation:
hope this helps you if it does please mark brainliest
The three main schools of philosophy in ancient China of thought that Upshur describes are Taoism, Buddhism, and Confucianism.
Taoism is based on the though of the yin and yang. It stresses on the fact that balance is found in all aspects of life around us.
Buddhism originated in India and also stresses on the fact of the balance around us. However, it is more concerned with the spiritual aspect of life as well as the afterlife.
Confucianism is concerned with the fundamentals and morals of building a strong society. It emphasizes on the morals of respecting the elderly, being just and fair and obeying those in charge.
