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.
Answer:
A. Minorities and the poor
Explanation:
The domestic programs launches by president Lyndon B. Johnson in 1964-65 were called The Great Society. The term was coined by president during a speech at University of Michigan in 1964. The programs represented his domestic agenda and its goal was to completely eradicate <u>racial injustice and poverty.</u> New programs were designed to address <u>medical care, urban planners, transportation and rural poverty</u>. The programs were similar to the New Deal of Franklin D Roosevelt.
Answer:
A, E
Explanation:
The Phoenicians invented an alphabet of 22 characters denoting consonants. This alphabet then became the basis of the Greek, Latin, and Slavic alphabets. They radically improved shipbuilding, laid routes to the very ‘limits’ of the world known in their era, and even significantly extended these limits. In a sense, they became the first “globalizers" – they connected Europe, Asia and Africa with an all-pervasive web of trade routes.
Their method of building the fleet implied the introduction of certain standards, and, therefore, some system of measures and weights. These standards became common in the Mediterranean region. For example, the king of the Greek city of Argos - Fidon - introduced a unified system of measures of length and weight ("Fidon measures"), based on the Phoenician standards.
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