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.
A sit down strike is a strike which has a somewhat nontraditional nature as it is when employees take "illegal" possession of their workplace by committing to a strike at their work stations. Furthermore, employees 'sit-down' at their station but do not work. It is considered a form of civil disobedience. This differs from a traditional strike as in traditional strikes workers walk off their jobs and therefore can be replaced whereas a sit-down strike causes work stations to be occupied and therefore does not allow employees to be replaced easily.
Answer:
B(Anson Jones is elected President of Texas.)
Explanation:
Because Anson Jones was the fourth which made him be last because Houston was the third president which would not make him president anymore because of Anson so then Houston didn't the power to do something higher than Anson. I hope this helps and I hope it is right and I hope you make a good grade on whatever it is you did.
Answer:do u speak English mate
Explanation:
