The Great Depression Test Review Questions and Answers 100% Correct
The Great Depression Test Review Questions and Answers 100% CorrectThe Great Depression Test Review Questions and Answers 100% CorrectThe Great Depression Test Review Questions and Answers 100% CorrectThe Great Depression Test Review Questions and Answers 100% CorrectWhy was 1929 so important? - ANSWER-Stock market crashed Overproduction : Cause - ANSWER-Identify : made more goods than sold How did this lead to the depression? : people didn't buy the goods Stock Market Speculation : Cause - ANSWER-Identify : Low interest rates encourage borrowing money to speculate endangering banks How did this lead to the depression? : invested in real estate Shaky Banking and Bank Failures : Cause - ANSWER-Identify : Bankers who invested their deposits in unsound investments How does this lead to the depression? : made economy extremely vulnerable Tariffs on World Trade : Cause - ANSWER-Identify : Protected American markets but they made it hard for producers to sell How does this lead to the depression? : shrinking of world trade
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- The Great Depression
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- October 11, 2023
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the great depression test review questions and ans
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why was 1929 so important answer stock market
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