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 the meaning of the word "internalize" as it is used in the following sentence? (4 points)
kifflom [539]

The correct answer would be Learn. Hope this helps!

3 0
3 years ago
Read 2 more answers
Which is true of a literary argument
ehidna [41]

Answer:

A literary argument can be made on any poem or novel or story. The literary argument creates an opinion about the text and causes the readers to think and ponder about the text in that direction or in that train of thoughts. It creates a new angle of interpretation in a text.

Explanation:

6 0
3 years ago
The salutation of a business letter should include _____. the recipient's full name the recipient's title (Mr., Mrs., etc.) and
docker41 [41]
I literally just answered this exact same question on this exact site... you do realize that before you ask the question yourself, you can check to see if someone else has already asked that question... This way you don't have to waste your points... Anyway the answer is

 b) the recipient's title (Mr., Mrs., etc.) and last name<span>
I hope this helped! :)

</span>BTW... I found this answer by highlighting your answer clicking with two fingers and selecting the icon that says "search google for...(you would insert your question here)..." and BAM! I found the answer... So what I am trying to say is that you don't have to waste your points on questions like this! That's what google is for! :) <span>


</span>
8 0
3 years ago
Read 2 more answers
Will give brainliest. How does the author create surprise in "Damon and Pythias"? The author sets up the expectation that Pythia
nadya68 [22]
<span>The author sets up the expectation that Pythias will take Damon's place when he returns, but both men are willing to die for each other.</span>
3 0
3 years ago
Read 2 more answers
The most likely reason(s) Dante put sub-humans and beasts, such as Charon and Minos, in control of sinners in the afterlife is b
slamgirl [31]
B i think..... i hope this helped
3 0
2 years ago
Other questions:
  • Read the following passage and answer the question.
    11·2 answers
  • Which sentence is written in the passive voice?
    6·2 answers
  • Select all the correct answers.
    8·1 answer
  • What are the major themes in Beowulf
    9·1 answer
  • What form of figurative language does the phase "as if she was a desert islander" demonstrate?
    15·1 answer
  • What is most ideal for a story to have, besides an interesting plot
    14·2 answers
  • Pleas help, I attached a image
    6·1 answer
  • The children excitedly talked about the fun of fishing
    5·2 answers
  • Write a paper of no less than 500 words doing the following:
    15·1 answer
  • What is the main idea of the bolded paragraph? King and Gandhi both practiced non-violence. Many people have heard of King and G
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!