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earnstyle [38]
3 years ago
7

Why did the Great Depression of 1928 affect people from almost all parts of the world?

Business
2 answers:
Zigmanuir [339]3 years ago
8 0

Answer:

C. Sharp rise in price of goods in the United States led to an increase in imports.

Explanation:

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

In conclusion, the Great Depression of 1928 affect people from almost all parts of the world because sharp rise in price of goods in the United States led to an increase in imports.

Salsk061 [2.6K]3 years ago
8 0

Answer:

C. Sharp rise in price of goods in the United States led to an increase in imports.

Explanation:

Hope this help

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The correct answer is (e)

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How can a person become a dentist​
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6 0
2 years ago
Juanita owns 60% of the stock in a C corporation that had a profit of $200,000 in the current year. Carlos owns a 60% interest i
Ivan

Answer:

The statement which is incorrect or not true is Option A.

Explanation:

Juanita owns 60% of stock in the corporation, so from the profit of $200,000 in the current year, she should report

= $200,000 × 60%

= $120,000

But the Corporation distributed $45,000 to Juanita. Therefore, she should report only $45,000 for this year not $120,000.

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3 years ago
Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,500. Budgeted cash rec
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Answer:

$12,500

Explanation:

Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.

Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.

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According to this, the company should borrow $12,500.

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3 years ago
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