Cyrus McCormick built the mechanical reaper
The major cause of the Great Depression was the collapse of the stock market.
<h3>What is Great Depression?</h3>
Great Depression refers to the economic breakdown of the united states in 1929 and 1939 which led to the serious recession in the economy. This incident took first time in the history of the industrialization.
The economic breakdown began with the crash in the Stock markets where millions of the people had their investment and it led to the panic situation in the Wall streets.
The depression led to the fall in the production of the output and which raised the prices of the commodity. There was the tremendous increase in the level of unemployment.
Learn more about the Great depression here:
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Answer:
Explanation:
thing to keep in mind that during the early 20th century the economy was global at that point. Therefore, even in the closed off economy of the Soviet Union there were repercussions when the Great Depression hit America on the other side of the globe. Keep in mind that not all of these were negative, either.
For example the Soviet Union benefited from the Great Depression by using surplus labor in western countries for specialists in the growing Soviet Union. The Soviet Union brought in engineers, contractors, and farmers, most from Western countries and a lot from the United States. In Kotkin’s book, Magnet Mountain, he describes that a great number of Americans were brought in to build the Soviet Union’s “Gary, Indiana,” at the time the largest producer of steel in the world. Also, in my own specialization there was a great many of farmers from the United States that were brought in to help develop the plan for “mega-farms” in the Soviet Union. These farms would be larger than even farms in the United States, and they used the specialization of the American farmers to plan and organize these farms using their experience. The ability to hire and move these men to the Soviet Union was likely easier because of the depression, the lack of work these people may have had, and in result made it so the Soviet Union could industrialize at a faster rate, and use American experience to do so.
Answer:
Down below
Explanation:
little confused on what the response was supposed to be about. The statement that is factually correct though, looks to be B. They believed in Manifest Destiny--that they were meant to settle the West.
Answer: Prices
Explanation:
There are several ways to raise revenue from sales and one of them is to increase prices. With a higher price, more money will be paid per goods and if the cost is still the same, the increase in price becomes extra profit.
Increased prices however reduce the amount of money that consumers have after purchases so they do not like it when prices are increased. It reduces the amount of goods they can buy especially if their wages do not go up as well because they will have to spend more per good.