Great depression was the severest downturn of the economy .It lasted for more than 10 years .There was fall in the economy as a whole.There was fall in industrial production,prices,unemployment ,rise in poverty and fall in the performance of banks.

Explanation:

Causes of Great Depression:

Stock market crash of 1929:it was one of the major causes that lead to great depression
Bank failures:9000 banks failed and people lost their savings
Reduction in purchasing:With the crash in the stock market people got scared and their purchasing power reduced a lot.
Reduction in production :Less purchasing power of people had a great impact on production.
American economic policies with Europe:In order to protect American companies ,new policies were introduced a high tax was charged on imports which reduces trade with other countries.
Drought:In 1930 drought occurred in Mississippi.Due to which people were not able to pay the taxes and they had to sell their farms.

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3 years ago

Enforcement of the Fugitive Act led to a. compromise. c. recognition of Southerners' rights. b. more anger in the North. d. an e

torisob [31]

Your answer is B. More anger in the North. This is because the Fugitive Slave Act helped the southerners and not the northerners!

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4 years ago

Read 2 more answers

The decline in economic production in Europe during the 1300s was caused by

Maslowich

I need more info Noemipineda

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