The Great Depression is an effect of the stock market crash
Answer:
A or C
Explanation:
Not to sure. You can tell me if I'm incorrect or not
Answer:
overproduction of goods and the expansion of unbridled credit by banks.
Explanation:
The Great Depression of the 1930s was the largest recession in history and its causes were overproduction of goods and the expansion of unbridled credit by banks.
The American economy was experiencing a period of euphoria during the 1920s. The US had become the world's leading economic powerhouse and was the largest supplier of manufactures to Europe. In this scenario, banks have expanded their credit rampantly to sustain the increase in production. However, production increased in a way that there was not enough consumer market to dispose of the products. The businessmen lost the conditions to pay their loans to the banks and the financial system collapsed.
Currently, the Federal Reserve has regulatory mechanisms that aim to reduce the risk of unbridled expansion of bank credit, such as the collection of the compulsory deposit and monetary policy. However, it is not possible to say that the risk is non-existent. We live in a special moment where technology has positive impacts, but can also cause negative havoc. For example, virtual currencies, if not well regulated, can cause a new crisis.
Answer: C. Spurred a period of economic growth and prosperity
Explanation:
The businesses were happy in the 1920s and this made them produce more and drive the economy forward thereby leading to prosperity unlike anything ever seen before.
They were happy because the government was pro-business which meant that they interfered little in the affairs of businesses such that businesses were free to chase profits how they liked. Higher tariffs on foreign goods meant that domestic producers could sell at higher prices and make a profit.
Answer:
Power divided between the state and federal government.
Explanation:
The national government would have control over the broader area of concern. The state government would have control over deciding how to handle smaller, more local, and more specific concerns within that broad area.
