<span>There has been so many explanations for the great depression which began in the United States and swept across other industrialised countries; but a major fall in stock price seems to be the one single explanation that has stood the test of time. In the 1920s the U.S. stock market experienced a rapid expansion, reaching its zenith in August 1929. Stock prices began to decline in September and early October, but the fall began Oct. 18. Panic set in, and on October 24, a record 12,894,650 shares were traded. Investment companies and leading bankers attempted to stabilize the market by purchasing great blocks of stock; they were trying to mitigate the steep decline. However, on Monday, the storm broke loose, and the market went into a free fall. The great depression was the longest, deepest, and most widespread depression of the 20th century.</span>
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Answer:
As of 2021, the Republican Party controls all nine state executive offices, both U.S. Senate offices, six of seven representatives to the U.S. House of Representatives, and a majority in the South Carolina General Assembly.
Answer:
The action that you must take would be to turn your vessel around to avoid the risk of collision.
Explanation:
Inflation has been moderate in some industrialized countries since the 1970s because economists have started using more sophisticated monetary policy.
When prices increase gradually over a certain period of time, this is referred to as moderate inflation, gentle inflation, or creeping inflation. It increases customer expectations that product and service prices will climb more, which ultimately increases demand. In order to avoid the future price increases, consumers will make immediate purchases. In this sense, moderate inflation promotes economic growth.
In this instance, a nation's inflation rate climbs gradually but steadily over time, with the consequence of inflation not being obvious for a long time. Inflation never exceeds 3% during the course of a year.
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