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
Daniel [21]
3 years ago
15

What factors led to the Great Recession?

History
1 answer:
maksim [4K]3 years ago
4 0

Answer:

In short, the factor that caused the great recession was overproduction, which was not prepared for the lack of demand, and ended up with all the goods stopped without any consumer buying them.

Explanation:

When the First World War came to an end, some European countries were weakening their economies, while the United States grew more and more, profiting from the export of food and industrialized products.

As a result, North American production became accustomed to this growth, which increased day by day, especially between the years 1918 and 1928. It was a scenario with many jobs, low prices, high production in agriculture and the expansion of credit that encouraged unbridled consumerism.

The problem for the United States was that Europe began to reestablish itself, which led to less and less import from the United States.

Now the American industry could no longer sell the exaggerated quantity of goods, with more supply of products than demand. This has led to a fall in prices, a fall in production, and consequently an increase in unemployment. These factors led to a fall in profits and a halt in trade, leading to a stock market crash and causing the great recession.

You might be interested in
What impact did the Treaty of Brest-Litovsk have on Germany?
pantera1 [17]

Answer:

It is B.)  It allowed Germany to focus all their efforts on the Western Front.

Explanation:

because you help me i help you :)

7 0
3 years ago
Take a look at these major themes of world history. Which best categorizes “racial and ethnic constructions”?
Doss [256]
I believe it is 2. Or 4.
5 0
3 years ago
Who is generally credited for first circumnavigating the world?
elena-14-01-66 [18.8K]
The proper answer would be c
7 0
3 years ago
Describe the efforts of an American who worked for civil rights or equal rights during the 1960s or 1970s. Explain the effects t
Aneli [31]
They went on many protests throughout that time frame, and it caused a movement where so many people fought got the same thing so it was widely recognized throughout America and even widely recognized today.
8 0
3 years ago
Karen is a judge hearing the case of local dispatch co. v. national transport corp. applying the relevant rule of law to the fac
stiks02 [169]
The correct answer to this question is "as different as possible." Karen is a judge hearing the case of local dispatch co. v. national transport corp. applying the relevant rule of law to the facts of the case requireskaren to find previously decided cases that, in relation to the case under consideration, are <span>as different as possible</span>
4 0
3 years ago
Other questions:
  • Which of these events influenced the formulation of the Truman Doctrine?
    12·1 answer
  • Please help, will give brainlist.
    7·2 answers
  • How does the Tenth Amendment differ from the rest of the amendments in the Bill of Rights?
    14·2 answers
  • ___ refers to the division of time into distinct units
    11·1 answer
  • ITS NOT B please explain​
    15·1 answer
  • HELP ASAP <br> CHINESE DYNASTIES
    8·1 answer
  • World War II resulted in increased attention to which of these by the Roosevelt administration?
    10·1 answer
  • Put these dates into chronological order in a timeline
    12·1 answer
  • PLEASE I NEED THIS 10 POINTS <br><br> Explain ANOTHER effect of the partition of India and Pakistan.
    15·1 answer
  • Help asap!!!
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!