History, 10.02.2021 14:00 sbelgirl2000
1. During the 1920s, the Federal Reserve increased the money supply and kept interest rates very low, encouraging consumer spending and the brisk borrowing of money. Business investment and the expansion of businesses grew rapidly during the 1920 to meet the needs of this huge consumer spending. However, during the Crash of 1929, the Federal Reserve reversed its expansionary monetary policy and cut off the money supply by almost 30%, causing banks to not have enough currency on hand when depositors wanted their hard-earned money.
After reading the prompt, what can you surmise happened next that contributed to the Great Depression?
Black Tuesday
high unemployment
collapse of banks
2. During the Great Depression, expressions such as Hoovervilles showed President Hoover
was blamed for the suffering of the poor
used the military to aid the unemployed
was seen as a role model
supported relief and public housing for the needy
Answers: 2
History, 21.06.2019 13:30
Which of the following was not one of el grecos work? a.) saint dominic in prayer b.) the deposition c.) the holy family d.) the burial of the count of orgaz
Answers: 2
History, 21.06.2019 20:00
Choosing to engage in military action to assist another country is an example of sanctions. internationalism. o isolationism. o diplomacy.
Answers: 1
History, 21.06.2019 21:20
How was the government that was created at the constitutional convention similar to the one proposed in the virginia plan?
Answers: 1
History, 21.06.2019 22:00
European expansion into africa left native regimes intact but had a strong impact on local societies what does this mean
Answers: 3
1. During the 1920s, the Federal Reserve increased the money supply and kept interest rates very low...
Mathematics, 13.01.2022 19:10
Social Studies, 13.01.2022 19:10
History, 13.01.2022 19:10
Spanish, 13.01.2022 19:10
Mathematics, 13.01.2022 19:10
Engineering, 13.01.2022 19:10
Mathematics, 13.01.2022 19:20
Computers and Technology, 13.01.2022 19:20
Mathematics, 13.01.2022 19:20