Because they reflect historians points of view most important events. Hope this helped <3
True because the homework will be on the things you are learning and school and this enables parents to see what their children are doing homework and learning about.
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.
People revolted
People wanted to leave the country but couldn't.
on an issue of public policy, such as a proposed amendment to a state constitution or a proposed law. Referendums, which allow the general population to participate in policymaking, are not used at the national level, but are common at the state and local levels.
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