Which of the following best summarizes american economic issues at the end of the 1920s?

Asked by maham237 @ 19/12/2020 in History viewed by 481 People

overproduction, too many credit purchases, stock speculation, and bank failures
a decrease in credit to consumers, overproduction, stock speculation, and bank failures
underproduction, too many credit purchases, stock speculation, and bank failures
overproduction, too many credit purchases, stock speculation, and powerful banks

Answered by maham237 @ 19/12/2020

overproduction, too many credit purchases, stock speculation, and bank failures

Following World War I, the US was the only economy able to produce and the consumer boom together created a large production boom. However, the production did not slow even when demand decreased.

Many of the consumer purchases was done so on credit. When people were laid off of their jobs and the market began to sink, individuals were not able to pay their credit payments which contributed to bank failures.

Stock speculation also contributed to bank failure. Stock speculation is buying stocks on credit and is a risk but many believed would pay off in an economic boom.

Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.

Asked by evette57 @ 13/09/2022 in History viewed by 1721 persons

Which of the following best summarizes american economic issues at the end of the 1920s?

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