subject
History, 22.06.2019 08:00 dukkchild666

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? a) black tuesday b) collapse of banks c) high unemployment d) election of franklin d. roosevelt

ansver
Answers: 2

Another question on History

question
History, 22.06.2019 04:00
Explain when conformity is beneficial and when it is harmful. give examples of both?
Answers: 1
question
History, 22.06.2019 05:00
What were some of the ideas that the democratic party emphasized that allowed them to appeal to most white voters?
Answers: 1
question
History, 22.06.2019 06:00
Ilive in michigan i went to iowa and killed someone i then went to florida for vacation i got caught for the iowa murder wile kicking back on the beach in miami where will i be tried
Answers: 1
question
History, 22.06.2019 06:20
Which of the following could be seen as a weakness of a two-party system? a. the two-party system limits voters' options in electing officials.b. the two-party system limits debate on issues.c. the two-party system limits the range of solutions that will be considered.d. all of these are weaknesses​
Answers: 2
You know the right answer?
During the 1920s, the federal reserve increased the money supply and kept interest rates very low, e...
Questions
question
Mathematics, 25.01.2021 08:00
question
English, 25.01.2021 08:10
Questions on the website: 13984060