The principal reasons for the Great Depression are :
- the decade of the 1920s' speculative boom.
- 1929 stock market collapse
- Problems with overproduction and oversupply.
- Lack of demand and rising unemployment
- mistakes made by the Federal Reserve.
- A limited presidential response.
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What was the great depression?</h3>
Between 1929 to 1939, there was a severe global economic crisis known as the Great Depression. It started as a result of a sharp decline in American stock values.
The Great Depression Facts:
- Between 1929 and 1933, the stock market experienced an almost 90 percent loss in value.
- During the Great Depression, 11,000 banks failed, leaving many people without any savings.
- Around 3% of the population was unemployed in 1929.
The Great Depression saw a 40% decline in the average family income.
Learn more about the great depression cause:
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Answer:
The New York Draft Riots occurred in July 1863, when the anger of working-class New Yorkers over a new federal draft law during the Civil War sparked five days of some of the bloodiest and most destructive rioting in U.S. history. Hundreds of people were killed, many more seriously injured, and African Americans were often the target of the rioters’ violence.
Explanation:
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Egypt became the first colony in the Arab state
Answer:
Instead of paying the entire premium annually, the premium is divided by 12, and that amount is due each month. Even with monthly fee, paying a monthly installment is a better option for some people. It allows you to spread the cost of premium out over time as most people budget their money on monthly basis.
