<span>The correct answer should be A. Investing in stocks. That's basically why the great depression happened in the first place. People were investing into stocks more and more but the companies were not doing so well so they couldn't return the money to investors. This lead to the whole stock market crashing and this in turn destroyed the banks and banks had to pull themselves out so they pulled the regular people in and the whole economic system collapsed.</span>
The reasons and evidence that Governor Reagan uses to support his argument are:
- 4) the increase in inflation rates.
- (5) the number of jobs lost.
<h3>What causes inflation rate?</h3>
Inflation is known to be a term that connote the measure that is often used to know the rate of rise in the prices of goods and services in a given economy.
Note that Inflation can take place if the prices rise is as a result of an increases in manufacturing costs, such as raw materials as well as wages.
Hence, The reasons and evidence that Governor Reagan uses to support his argument are:
- 4) the increase in inflation rates.
- (5) the number of jobs lost.
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been spawned here in our country, that inflation somehow came upon us like a plague and therefore it's uncontrollable and no one can do anything about it, is entirely spurious, and it's dangerous to say this to the people. When Mr. Carter became President, inflation was 4.8 percent, as you said. It had been cut in two by President Gerald Ford. It is now running at 12.7 percent. President Carter also has spoken of the new jobs created . . . But that can't hide the fact that there are 8 million men and women out of work in America today, and 2 million of those lost their jobs in just the last few months. Mr. Carter had also promised that he would not use unemployment as a tool to fight against inflation. And yet, his 1980 economic message stated that we would reduce productivity and gross national product and increase unemployment in order to get a handle on inflation, because in January, at the beginning of the year, it was more than 18 percent.
Which reasons and evidence does Reagan use to support his argument? Check all that apply. (1) the gross national product in 1979 (2) the gross national product in 1980 (3) the decrease in inflation rates (4) the increase in inflation rates (5) the number of jobs lost (6) the number of jobs created
