Here are some causes of the economic bust of the late 1920's/early 1930's. A valid argument can be made for all of the following:
1) Buying on credit- This form of payment allowed American citizens to pay a small down payment and then pay off the cost of the good month by month. However, many citizens did not realize that with interest, this would actually cost more in the long run.
2) Investments in the stock market- Many Americans invested their money into the stock market, as it was constantly doing well during the 1920's. However, many of these individuals bought these stocks on margin. This meant they put 10% down and the bank would cover the other 90% of the cost. This turned out to be a horrible mistake, as the stock market crash resulted in banks and citizens losing millions of dollars.
The New Deal helped to fix some of the aforementioned problems. For example, the bank holiday implemented a few days after Franklin D. Roosevelt's inauguration resulted in the federal government investigating and monitoring banks that made bad loans. These banks would then be controlled by the government to ensure they would not give out bad loans again. Along with this, the Federal Deposit Insurance Corporation helped to provide financial security for those individuals keeping their money in banks.
The correct answer is that the ghettos were ethnic neighborhood that provided familiarity. This means that the people were surrounded by other people of their culture and they could practice their culture or their religion how they saw fit without having others mess with it or meddle with it.
Frank Philip Stella’s rigorous hard-edge paintings of the 1960's emphasize the <u>flatness of the picture</u> and its boundaries.
Frank Philip Stella was a United States minimalist painter and he was born in 1936. He was also a printmaker and a sculptor.
I believe the answer is false.
According to Britannica, Max Weber was a German sociologist and political economist who was best known for his thesis on the “Protestant ethic."
<em>If this incorrect, please, don't refrain to tell me. Thank you. </em>
