Great Depression was mostly experienced by most of the countries in the period of 1930. It had demoralizing effects on the economy by dropping levels of the Gross Domestic Product. The personal income, tax revenue had hit the lowest level in the nation.
Giving Over extension of loans by the banks in order to cope the depression was the erroneous federal policy at the time of depression. It also resulted in various other impacts such as people were unable to pay off the loans. This financial disruption made the banks to close.
This led to stocking of money by the people that resulted in the stagnation of the money flow and the loss of confidence to lend and borrow money. This also reduced the value of money causing disequilibrium in the economy.
Answer:
true
Explanation:
Buffalo soldiers were African American soldiers who mainly served on the Western frontier following the American Civil War. In 1866, six all-Black cavalry and infantry regiments were created after Congress passed the Army Organization Act.
Adam Smith was the B) author of "The Wealth of Nations" and could be considered the father of modern economics, but more accurately should be considered the father of "modern capitalism."
Why did romans treat Christian's so badly?
Although it is often claimed that Christians<span> were persecuted for their refusal to worship the emperor, general </span>dislike<span> for </span>Christians<span> likely arose from their refusal to worship the gods or take part in sacrifice, which was expected of those living in the </span>Roman Empire.
Hope This Help! :3
(Me personally I'm a Christian)
Probably so they could settle the land for themseleves
