History, 30.07.2019 12:00 tonio638

Explain at least three causes of the great depression and describe the economic, social, and political changes that occurred because of the great depression. 40 !

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In the late 1920's the United States was the richest country in the world. After World War I, the rest of the world was largely in debt to U.S. banks. The Brits, French, and even the Germans owed us. I'm talking about billions of dollars. So, basically what we have here is pretty much everyone in America was profiting from it. One brand new thing that people were starting to use was credit! With credit you could buy something now and pay it off later. People began to buy things they couldn't before, such as cars and radios. Henry Ford made it easier when he began production on a cheap vehicle called the Model T. Paying with credit became a large part of our culture. So, when the stock market finally crashed people were largely already in debt.

During this time, the stock market was becoming a large gambling game that supposedly made everyone rich. Even the president bought stocks. When people did, a popular method called buying on margin was used. It's when someone would buy a stock and 90% of it would be bought with a bank loan. Since it seemed like the market was only on the up-and-up they would be selling for double the price they bought it from. When the crash it, people lost thousands.

That's all I can remember for right now, I'll add if anything pops to mind. Cheers!

Answer from: Quest

answer: sorry but maybe take a pic of the map so nobody's confused

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Answer from: Quest

answer: a parliamentary system is a system of democratic governance of a state where the executive derives its democratic legitimacy from its ability to command the confidence of the legislature, typically a parliament, and is also held accountable to that parliament. in a parliamentary system, the head of state is usually a person distinct from the head of government. this is in contrast to a presidential system, where the head of state often is also the head of government and, most importantly, the executive does not derive its democratic legitimacy from the legislature.

countries with parliamentary democracies may be constitutional monarchies, where a monarch is the head of state while the head of government is almost always a member of parliament (such as the united kingdom, denmark, sweden, and japan), or parliamentary republics, where a mostly ceremonial president is the head of state while the head of government is regularly from the legislature (such as ireland, germany, india, and italy). in a few parliamentary republics, such as botswana, south africa, and suriname, among some others, the head of government is also head of state, but is elected by and is answerable to parliament. in bicameral parliaments, the head of government is generally, though not always, a member of the lower house.

parliamentarianism is the dominant form of government in europe, with 32 of its 50 sovereign states being parliamentarian. it is also common in the caribbean, being the form of government of 10 of its 13 island states, and in oceania. elsewhere in the world, parliamentary countries are less common, but they are distributed through all continents, most often in former colonies of the british empire that subscribe to a particular brand of parliamentarianism known as the westminster system.

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Explain at least three causes of the great depression and describe the economic, social, and politic...

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