Answer: Consumerism is what lead to the Great Depression. People bought too many goods they didn’t need and people ran up debts with buying on margin. Also, with a demand of goods they increased production, which lead to a surplus of unnecessary goods being produced.
Explanation:
What I said above
Answer:
It’s important to know the history of our world to know things for the future and to know the roots of our world and how things started.
Explanation:
The law abolished the National Origins Formula. Since they raised tax most criminals and the insane immigrated to America and that was the largest single decade increase of population for the U.S since 1860.
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The correct answer is - corporations.
The growth and constant development of the industry enabled suitable conditions for the formation of the first corporations. The corporations are basically businesses that are owned by multiple investors. All of the investors buy stocks of the company, or are given certain amount of stocks for holding a certain high position in the office of the company. The amount of stocks an investor has is reflected on the profit the investor gets, the more stocks the more profit and vice versa, but also more stocks mean more investment as well in the company.
This type of businesses saw a rapid growth and quickly they became the dominant business type in the Western countries, in fact they are still the by far most dominant business type in the present day.
