Answer:
overproduction of goods and the expansion of unbridled credit by banks.
Explanation:
The Great Depression of the 1930s was the largest recession in history and its causes were overproduction of goods and the expansion of unbridled credit by banks.
The American economy was experiencing a period of euphoria during the 1920s. The US had become the world's leading economic powerhouse and was the largest supplier of manufactures to Europe. In this scenario, banks have expanded their credit rampantly to sustain the increase in production. However, production increased in a way that there was not enough consumer market to dispose of the products. The businessmen lost the conditions to pay their loans to the banks and the financial system collapsed.
Currently, the Federal Reserve has regulatory mechanisms that aim to reduce the risk of unbridled expansion of bank credit, such as the collection of the compulsory deposit and monetary policy. However, it is not possible to say that the risk is non-existent. We live in a special moment where technology has positive impacts, but can also cause negative havoc. For example, virtual currencies, if not well regulated, can cause a new crisis.
Honestly,I feel that this question has 2 different perspectives.
For the government,in order to garner the citizens' support,they might use different ways to get support,for example,using financial aid schemes or propaganda like during H*tler's Minister of Propaganda, Joseph Goebbels by using mass censorship, or using programs such as the H*tler Youth to brainwash children. However, in modern society these methods used by H*tler would not be tolerated as there is social media around to 'cancel' these and make sure these form of acts are eradicated.
For social media, celebrities and prominent figures have support through their fan base. These fans may feel whatever their idols say may be right, however, this might lead to dangerous acts or arguments taking place different celebrities' fan bases and if the celebrities don't step in,it might lead to their downfall or the situation getting our of hand.
Some extra info ^^ :
Joseph Goebbels was a loyal follower of H*tler, after H*tler k*lled himself, Joseph Goebbels could not imagine a world without H*tler so he poisoned his 6 children and k*lled himself and his wife.
This is my own personal opinion btw :))
Hope this helps :]
P.s. Can you mark me as the Branliest? <3
They came on a agreement by voting, in some cases each state would get one vote and it would go from there.
Hoped this helped =)
Answer:
<h3>Any labour who are below 14years and out of school are considered as child labour</h3>
