To outline the goals of the document
10 years war?started in 1868
The right answer is Congress did not pass laws that would control the growth of monopolies.
The Gilded Age is known as the age that follows the Civil war from about 1870 to 1900 and comprehends a period of rapid growth and industrialization. In this period the government was dominated by unrestricted capitalism, an environment free of income taxes, fair regulators, and other restraints on the behavior of freewheeling entrepreneurs. Leading to rampant corruption, where the monopolists were working together with the state to make sure that Congress did not pass laws that would control the growth of their own monopolies.
Answer:
a) buying stock on margin
b) overproduction in agriculture and industry
c) prohibition of alcohol
Explanation:
- Brokers and businesspeople, fearing the worsening of jammed eateries and speakeasies (a place where alcoholic beverages were illegally sold),
- Farm and factory overproduction contributed to the Great Depression. During World War I, U.S. farmers produced extra food to feed friends in Europe. The 1920s saw persistent overproduction.
- On Black Tuesday, October 29, stockholders exchanged 16 million shares and lost $14 billion. A stock market day with 3 million shares was deemed active. People dumped their investments fast, ignoring the loss. Banks, facing debt and wanting to safeguard their assets, sought repayment for investor loans. Those who couldn't pay lost their stocks and money in minutes, but their bank debt remained.
In my research it concludes all the above.
