Answer:
See the explanation below.
Explanation:
Great depression was started in 1929 and it's negative effect lasted till the beginning of 2nd World War. During this period global GDP fell by around 15 percent. It's intensity can be estimated from the fact that during Great recession of 2008-2009 the global GDP fell by around 1 percent only. Great depression was marked by steep in the industrial production and price deflation.
Major causes for the Great depression of 1929:
- Fall of stock market led to loss of confidence in economy which hence reduced the investment and spending.
- Banking panic caused many banks to fail which in result reduced money supply.
- Imposition of steep tariffs on industrial and agricultural caused global trade to shrink.
Result of Great depression was that around 20 percent banks failed by 1933, unemployment rate reached more than 25 percent, Industrial production declined to around 50 percent and GDP fell near to 30 percent.
Recovery of United States economy was majorly led by government spending on social welfare program along with currency devaluation and spending during the 2nd World War.
I hope this will help.
Puritans were strict Protestants who wanted to 'purify' the Church and get rid of all traces of the Catholic faith. Many had fled abroad when Mary I, a Catholic, was queen, but had started to return when Elizabeth, a Protestant, came to the throne.
Answer:
Since they are not legally allowed to have alchol they are not willing to call a cab, friend, sibling, or parent to pick them up because the do not want to get in trouble. In addition, at this age they are more reckless.
Explanation:
Answer:
sorry i need some pointsss sorry
Answer:
C He let them set the terms on their land
Explanation:
