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:
1.There were important developments in the field of science, politics, technology and warfare.
2.A new phase of discovery and globalisation ushered.
3.Colonisation by European powers throughout the world began.It brought rapid social, political and economic changes in the colonies.
4.Migration and urbanisation developed.
5.The ideas of individualism and capitalism became popular.
<span>Said X misunderstood the sources of Soviet behavior. Much more skeptical that a policy of containment will work. Said we should prepare for the worst (i.e. they are strong) rather than the best (i.e. they are weak)</span>
Answer:
the correct answer is in London in England
Answer: Literacy.
Explanation:
Throughout history, many civilizations have had their forms of literacy. These primitive letters represent a turning point in humanity's history; that is, the transition from prehistoric to historical times. Various primitive forms of literacy have developed throughout histories, such as pictorial or cuneiform, Egyptian hieroglyphs, and the like. The modern form of literacy was revived by the Phoenicians in North Africa (today's Tunisia).
