Answer:
People sold off bank stocks, making them worthless.
Explanation:
The Stock Market Crash of 1929 caused a series of bank runs which destroyed the people's trust in the banking system. It began as a rumor that the banks were unable to pay cash which then transcended to panic among customers causing them to withdraw their funds en masse. They also spent little thus causing a stagnant economy. People withdrew their cash from the banks thus causing the solvency of many banks.
Banks in turn liquidated their loans and sold their assets at very low costs.
Answer:
Ouch it's difficult to read! But the answer is the 3rd one, Government should not try to control the economy and the business.
Explanation:
Smith argued that the freedom of production is important as when everyone is given the freedom to produce and exchange goods as they pleased and when the markets are opened up to domestic and foreign competition, people's natural self-interest would promote greater prosperity than with strict government regulations.
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C. The type of products the factory produced
Germany had to pay reparations.
The bubonic plague caused one third (1/3) of Europe's population to meet their painful demise.
