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dangina [55]
2 years ago
5

PLZ HELP FAST 25? POINTS AND BRAINLIEST

History
2 answers:
Rudik [331]2 years ago
5 0

Answer:      3 2 5 7 6 1 4

Explanation:

trust me i had the same test

ipn [44]2 years ago
5 0

3 2 5 7 6 1 4 I think this is the best answer

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Answer:

The stock market crash on October 24, 1929, marked the beginning of the Great Depression in the United States. The day became known as "Black Thursday," Many factors had led to that moment. World War I, changing American ideas of debt and consumption, and an unregulated stock market all played pivotal roles in the economic collapse.

Explanation:

World War I transformed the United States from a relatively small player on the international stage into a center of global finance. American industry had supported the Allied war effort, resulting in a massive influx of cash into the US economy. As the war interrupted existing global trade relationships, the United States stepped in as the main supplier of goods, including weapons and ammunition. These purchases left European countries deeply in debt to the United States.

After the war, the United States began a period of diplomatic isolation. It enacted and raised tariffs in 1921 and 1922 to bolster American industry and keep foreign products out.

In the 1920s (the “Roaring Twenties”) many American consumers, assuming economic prosperity would continue indefinitely, took on large amounts of personal debt, sometimes at extremely high interest rates. Factories depended on these consumers continuing to purchase their goods.

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