♡ The Question ♡
-How did stock market activity on October 29, 1929, contribute to the Great Depression?
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♡ The Answer ♡
-Stock prices dropped quickly and dramatically, leaving investors with less money to repay loans.
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♡ The Explanation/Step-By-Step ♡
-The stock market crash of October 1929 resulted in many loan defaults, contributing to the start of the Great Depression.
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♡ Tips ♡
-No tips provided!
The General Agreement on Tariffs and Trade (GATT), signed on October 30, 1947, by 23 countries, was a legal agreement minimizing barriers to international trade by eliminating or reducing quotas, tariffs, and subsidies while preserving significant regulations.
<h3><u>What Exactly Is the GATT (General Agreement on Tariffs and Trade)?</u></h3>
The GATT became active on January 1st, 1948. It has since been improved, finally leading to the World Trade Organization (WTO) being established on January 1, 1995, which absorbed and enlarged it. Its agreements, which at this point encompassed nearly 90% of world trade, had 125 signatories.
The GATT is overseen by the Council for Trade in Goods (Goods Council), which is made up of members from every WTO member state. Swedish Ambassador Mikael Anzén will serve as the Goods Council's head as of September 2020. There are ten committees on the council that deals with issues like anti-dumping laws, market access, and agriculture.
Learn more about the General Agreement on Tariffs and Trade (GATT) with the help of the given link:
brainly.com/question/1446090
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Answer:
the answer is B. if you got it wrong just let me know and i can help you :3
World War 2
About 750,000 members of the British armed forces died. German submarines sank almost 8 million short tons (7 million metric tons) of British shipping. The war also created severe economic problems for the United Kingdom and shook its position as a world power.
The First World War had a profound impact upon British society. ... The central agent of change was the British state. In the early stages of the war, its role was largely confined to security issues such as the Defence of the Realm Act, censorship and aliens. But from 1915 onwards, state power was extended into new areas.
I believe it was because the republicans did not want a large government and having a National Bank (I'm not sure if this is the bank you are talking about) would make the government even larger and they felt that it would take the power from the people.
Mark me brainliest if this is the correct answer and helps you! Good Luck! :)
