1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
statuscvo [17]
2 years ago
8

Beginning in 1921, the U.S. economy entered a period of strong growth. Seeing this, President Warren G. Harding cut both taxes a

nd government spending. He then left the economy alone. The economy continued growing as Calvin Coolidge took office. Like Harding, Coolidge was not interested in guiding the economy or business. He felt that such activities were the jobs of individual states.
Economic growth began to slow in 1924. This led the Federal Reserve to create $500 million in new money that banks could lend to struggling businesses and families. Instead of getting out of debt, businesses and people sunk deeper into the debts that they could not pay.
Many businesses and people cut their spending in order to pay their debts. This led to less of a demand for new products. The lower demand for new products led to fewer new jobs. As the unemployment rate grew to 25%, incomes fell by 20-50%. This led to the cycle of debt, bank failures, and inflation that pushed the United States into The Great Depression.
5
This piece outlines some of the causes of the Great Depression of the 1930s. What is one effect the author mentions?
A.
less government spending
B.
a high unemployment rate
C.
a decrease in bank failures
D.
strong economic growth
English
1 answer:
Salsk061 [2.6K]2 years ago
4 0

Answer:

B. a high unemployment rate

Explanation:

If you hear, the author says the unemployment rates were 25-50%. That means that the answer to the question is B.

You might be interested in
What is your favorite Dr.Seuss book and why?<br><br> 3-5 sentences
ch4aika [34]
My favorite Dr. Seuss book is Oh The Places You Will Go. I love this book because it was one of the first Dr. Seuss books I read. It also brings back memories.
4 0
3 years ago
Read 2 more answers
Please help!! 10 points!
Marat540 [252]
Exposition and climax
3 0
3 years ago
Read 2 more answers
NEED THE ANSWER ASAP!!!!!<br>what laws does the author of utopia say a king should not enforce​
mafiozo [28]

Based on the knowledge of the book, the correct answer goes thus:

  • The author of Utopia say a king should not enforce himself on his sibjects

<h3>Utopia</h3>

A utopia typically describes an imaginary community or society that possesses highly desirable or nearly perfect qualities for its members. It was coined by Sir Thomas More for his 1516 book Utopia, describing a fictional island society in the New World.

In conclusion, we can conclude that the correct answer is as given above.

learn more on Utopia from here: brainly.com/question/2072816

6 0
2 years ago
What is the first letter of the alphabet
Arada [10]

Answer:

A..

Explanation:

THE FIRST LETTER OF THE ALPHABET IS A.

6 0
2 years ago
Read 2 more answers
William Lloyd Garrison’s The Liberator was known for appealing to its readers’ sense of
Lilit [14]
William Lloyd Garrison's The Liberator was known for appealing to its readers' sense of moral correctness. The correct answer is A.
6 0
3 years ago
Read 2 more answers
Other questions:
  • In Romeo and Juliet act 3 scene 1 why does Benvolio suggest he and Mercutio return home
    13·1 answer
  • This ELA gonna drive me crazy XDDD​
    10·1 answer
  • What is the conversation in chapter nine between scout and Atticus and what does it tell us about these two characters and what
    12·1 answer
  • Why does the author include the details about Dorothy's ruby slippers and the Wicked Witch? A. to show how the movie and the boo
    6·2 answers
  • How does “Men of Honor” reflect what Lincoln called “the unfinished work?” What responsibility do we have to follow through on a
    13·1 answer
  • He looked at me sideways—and I knew why Jordan Baker had believed he was lying. He hurried the phrase "educated at Oxford," or s
    8·1 answer
  • Non verbal to verbal information transfer of importance event imlifr of jawarlalhal nehru​
    6·1 answer
  • All of the following are common elements of an effective biography EXCEPT: a. The author organizes the stories and events of the
    8·2 answers
  • List some ways in which your life depends on weather
    12·2 answers
  • Read the excerpt from paragraph 13.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!