History, 16.11.2019 23:31 erikabermudez55

What was a basic cause of the great depression of the 1930s

Answers: 3

Show answers

Answers

Answer from: cia196785920

The cause of the Great Depression was economic failure after the stock market crashed on October 29, 1929. This was so devastating to many Americans because most of them had bought products on an installment plan and had invested in the stock market, so they weren't able to pay off the rest of the money on say a new car. When they went to take money out of the bank, they would have found that the banks had invested their patron's money in the stock market and hundreds of banks failed for that reason. People were evicted from there homes and had to sell their belongings to keep themselves alive.

Answer from: Quest

in november 1781, john hanson became the first president of the united states in congress assembled, under the articles of confederation. many people have argued that john hanson, and not george washington, was the first president of the united states, but this is not quite true.

explanation:

Answer from: Quest

since most of current immigration into the u.s., both legal and illegal, is coming from latin america. it would be very difficult to imagine or rationalize a country my fellow citizens are trying desperately to flee into, would pose a threat to my prosperity or freedom. since the u.s. has a long history of intervention, but no record of permanent occupation, i would not feel oppression is the main objective.

the largest free trade nation, along with the largest gdp in the world wanting to expand it's economic policy on us, and including us, could only be positive. the u.s. government has no interest in, or way of simply forcing american culture on us. and has no track record of it. other nations that adopted american social culture, or "americanization" did so voluntarily, mainly through the choice of allowing american businesses and u.s. citizens to come into their nations, as free operatives.

Another question on History

History, 21.06.2019 18:30

Which of these was a result of the labor day hurricane that took place during the great depression? a) farmers lost many orange trees in orlando. b) cattle ranches were damaged near fort mccoy. c) a railroad connecting key west to miami was destroyed. d) a lake overflowed and flooded towns near fort lauderdale.

Answers: 2

Answer

History, 21.06.2019 23:00

Which statement best describes the economy of india in the late 1700s? in the late 1700s, british farmers produced cotton that was shipped to indian factories to produce textiles. in the late 1700s, indian farmers produced cotton that was shipped to british factories to produce textiles. in the late 1700s, taxes were lowered to promote struggling manufacturing and trade industries in india. in the late 1700s, taxes were raised to gain revenue from the growing manufacturing industries in india.

Answers: 1

Answer

History, 22.06.2019 02:00

Reformers worked to change schools by making them more:

Answers: 1

Answer

History, 22.06.2019 02:30

Which statement in the passage best reflects sumer's opinion of the dred scott decision? a."i speak what cannot be denied." b."[the] judgment was sustained by a falsification of history." b."the opinion was more thoroughly abominable than anything history." i speak what cannot be denied when i declare that the opinion of the chief justice in the case of dred scott was more thoroughly abominable than anything of the kind in the history of courts. judicial baseness reached its lowest point on that occasion. you have not forgotten that terrible decision where a most unrighteous judgment was sustained by a falsification of history. -charles sumner, 1865

Answers: 3

Answer

You know the right answer?

What was a basic cause of the great depression of the 1930s...

Questions