Answer:
In short, the factor that caused the great recession was overproduction, which was not prepared for the lack of demand, and ended up with all the goods stopped without any consumer buying them.
Explanation:
When the First World War came to an end, some European countries were weakening their economies, while the United States grew more and more, profiting from the export of food and industrialized products.
As a result, North American production became accustomed to this growth, which increased day by day, especially between the years 1918 and 1928. It was a scenario with many jobs, low prices, high production in agriculture and the expansion of credit that encouraged unbridled consumerism.
The problem for the United States was that Europe began to reestablish itself, which led to less and less import from the United States.
Now the American industry could no longer sell the exaggerated quantity of goods, with more supply of products than demand. This has led to a fall in prices, a fall in production, and consequently an increase in unemployment. These factors led to a fall in profits and a halt in trade, leading to a stock market crash and causing the great recession.
Answer:
Your successful payments on paid off loans are still part of your credit history, but they won't have the same impact on your score. When you added a personal loan to your credit history, you increased your number of active accounts and improved your credit mix with an installment loan.
Explanation:
Answer:
Abraham Lincoln
Explanation:
the freedman's bureau's purpose was to provide food, shelter, clothing, medical services, and land to displaced southerners as well as newly freed African Americans
this is straight from senate.gov
hope this helped
This policy created by John Hay was known as the Open Door Policy.
The goal of this policy would be to allow European countries and America to trade with China on an equal basis. John Hay wanted to ensure that no one country had a monopoly on the trade with China during the early 20th century. Along with this, he felt that the Open Door policy would result in less fights/confrontation between the countries involved in this trade.
