<span>The Depression spread rapidly around the world because the responses made by governments were flawed. When faced with falling export earnings they overreacted and severely increased tariffs on imports, thus further reducing trade. Moreover, since deflation was the only policy supported by economic theory at the time, the initial response of every government was to cut their spending. As a result consumer demand fell even further. Deflationary policies were critically linked to exchange rates. Under the Gold Standard, which linked currencies to the value of gold, governments were committed to maintaining fixed exchange rates.</span>
Answer:
Pretty sure it's D
Explanation:
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The 1980 winter Olympics were held at Lake Placid
Answer:
The Pacific Ocean was the main source of food for the people, and, therefore, the men spent a lot of time fishing along the coast. Pacific Salmon was abundant in the waters, and became the most important food resource of the people.
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
Farmers and workers who appealed to the federal government for help during the 1890s depression did not receive the aid they needed to sort out the economic struggles during the depression of 1893 that hit hard in the United States.
The speculation of American railroads had been one of the major causes for the beginning of the depression in 1893.
American farmers asked for support and economic relief from the federal government but the government could not help, showing its inefficacy to answers citizens' demands in times of so much need. Many members of the government were just interested in their own personal agendas and political interests.
That is why people such as Jacob Coxy started a protest forming the Coxwy's Army in 1894. A group of workers organized a demonstration and marched from Cincinnati to Washington D.C.
