Answer:
<h3>Stock market is a very significant determiner of American economy.</h3>
Explanation:
- The fall of stock market on 29 October, 1929 played a massive role in emergence of the Great Depression. On this particular day, also known as Black Tuesday, investors traded 16 million shares as share prices completely collapsed in the New York Stock Exchange.
- This sudden trade in a single day led to the loss of huge sums of money and removed thousands of investors from the Wall Street.
- As a result, the economy started to collapse as businessmen and companies could no longer generate income and employment due to lack of investments.
- Prices of goods plummeted, unemployment increased and fall of banks eventually followed one after the other.
- It shows that stock market is a very significant determiner of American economy. With the fall of the stock market to almost 20% of its original value, the American economy started to collapse too. Thus, gradually attributing to the Great Depression of 1930s.
Answer:
Market economies utilize private ownership of the means of production and voluntary exchanges/contracts while In a command economy, governments own the factors of production
Explanation:
mixed economy consists of both private and government/state-owned entities that share control of owning, making, selling, and exchanging good in the country.
A command economy has a small number of typical elements: A central economic plan, government ownership of the means of production, and (supposed) social equality are essential features of a command economy.
In mixed economies, the government has some control, while the rest is up to supply and demand. Command economies are characterized by large surpluses and shortages, monopolies, and prices set by the government.
The correct answer that would best complete the given statement above would be option B. CONFEDERACY. A league or compact that works together for a common action is called confederacy. It is also known as a political union for a common goal or purpose. Hope this answer helps.
Answer: A series of foreign invasions affected Mughal Empire very badly.
Explanation: Attacks by Nadir Shah and Ahmad Shah Abdali, which were themselves the consequences of the weakness of the Empire, drained the Empire of its wealth, ruined its trade and industry in the North, and almost destroyed its military power.
