which statement
explains why excessive use of credit was a cause of the great depression this is

Answers

Answer 1

Answer:

In the 1920s, the Central Bank of America decided to implement an "Easy credit policy". This policy enable people to obtain credit even without solid predictors that they can  ever pay that credit back.

Originally, this was intended to promote economic development by increasing consumption.

Because of this leniency, many people in the country started to accumulated debts that they could never pay back. As a ripple effect, many companies are formed to close their operation because of the failure to obtain payments from their consumers. This caused major stocks started to experience a sharp decline in prices and caused the great depression.


Related Questions

why gandi start charkha movement​

Answers

Answer:

to build a new economic and social order based on self-sufficient non-exploitative village communities of the past

Explanation:

Place a checkmark next to each situation that might cause an economic slowdown.

Answers

2,3,5,6 i believe is the answer

What did the United States do in 1863 that caused violent conflict with the Nez Perce?

They began to auction off Nez Perce lands to the highest bidders.
They asked some Nez Perces to give up lands occupied by other Nez Perces.
They attacked Nez Perce tribes to allow settlers access to gold on tribal lands.
They entered Nez Perce land to educate tribal children in American ways.

Answers

Answer:

b i think

Explanation:

sorry if im wrong

What is one way to try to solve an Internet access problem?

clearing items from the cache
running an anti-virus program
inspecting the power cord
uninstalling the software

Answers

Answer:

A

Explanation:

took the test

Answer:

Thee answer is A

Explanation:

Which of rhe following best describes the government of the United States?

Answers

Weird, weird, weird,  

The three steps governments follow to create public policy are
O identifying a problem, publicizing a plan, and implementing policy.
O identifying a problem, developing a plan, and referring it to Congres.
O idenitifying a problem, feferring it to Congress, and developing a plan.
O identifying a problem, developing a plan, and implementing policy

Answers

Answer:

The answer would be D identifying a problem, developing a plan, and implementing policy

Explanation:

Identify the problem such as a law that needs to be put in place, then they develop a plan in how that law might work, once that's all said in done the majority rules and the law may or may not be passed.

Have a great day

Write the use of multimedia in the fields of education and medicine​

Answers

Answer:

* The world wherein we live is changing quickly and the field of education is encountering these adjustments specifically as it applies to Media Administrations. The old days of educational institutions having a disengaged general media division are a distant memory! The development being used of mixed media inside the class rooms has quickened as of late, and looks set for proceeded with extension later on.

Educators fundamentally expect admittance to learning assets, which can uphold idea improvement by students in an assortment of approaches to meet individual adapting needs. The improvement of visual and sound advances for learning offers new manners by which learning can happen in schools and the home. Empowering instructors to approach visual and sound learning assets.

* In medicine, specialists can get prepared by taking a virtual surgery or they can simulate how the human body is influenced by virus spread by infections and microorganisms and afterward create strategies to forestall it. Mixed media applications, for example, virtual medical procedures additionally assist Doctors with getting functional preparation.

Multimedia models permit an assortment of decisions for the medical students present their portfolio cases by means of internet learning.

Explanation:

Multimedia is a type of communication that consolidates diverse substance structures, for example, text, sound, pictures, liveliness, or video into a solitary presentation, rather than traditional mass media, for example, printed material or sound accounts. Well known instances of multimedia media incorporate video digital broadcasts, sound slideshows, animated shows, and motion pictures.

Which Supreme Court ruling said that blacks could not become citizens of
the United States?
A. The Fourteenth Amendment
B. White supremacy
C. Indentured servitude
D. The Dred Scott decision

Answers

Answer:

Answer:-The Dread Scoot Decision

Why is an ecosystem considered "delicate"?

Answers

Answer:

High rate of species turn over or population characterize fragile ecosystem and vice versa. An essential of this work is the identification of species communities or ecosystem are mostly likely to be damaged or become extinct because of human activities.

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One of the main characteristics of the U.S. economic system is:
O A. promoting competition in important industries.
OB. forcing businesses to prioritize workers over profits.
OC. expanding the role of the government in the economy.
OD. restricting economic freedom for large businesses.

Answers

Answer: Promoting competition in important industries

Explanation: A

Answer:

A

Explanation:

Just took quiz

what is the functions of lysosomes ?​

Answers

Answer:

Lysosomes are spherical, membrane bound organelles that are generated by the golgi apparatus. They contain hydrolytic enzymes, and so function as part of the recycling system of the cell.

Which enlightment ideal encouraged colonists to exercise a new type of political system decided by citizen through a vote?

Answers

Answer:

The idea of social equality

Explanation:

Assume that there are two goods, A and B. In 2001Americans produced 10 units of A at a price $10 and 20 units of B at a price of $20. In 2007Americans produced 30 units of A at a price of $20 and 30 units of B at a price of $40. The Nominal GDP for 2007 is

Answers

Answer: $1,800

Explanation:

Nominal GDP in 2007 is the market value of the final goods and services produced in the country in that year.

= (30 * 20) + (30 * 40)

= 600 + 1,200

= $1,800

What is an economic system based on private property and free enterprise called

Answers

Answer:

Capitalism is generally considered to be an economic system that is based on private ownership of the means of production and the creation of goods or services for profit by privately-owned business enterprises.

Which two countries contribute the most to acid rain in the Great Lakes region? *
United States and Canada
United States and China
Canada and Mexico
Canada and China

Answers

Answer:

United States and Canada

Explanation:

those 2 countries are the only ones touching great Lakes

Answer:

United states and Canada

Explanation:

What are the purposes of canals? Choose three correct answers. to improve transportation to supply water for farming to add land to use for farming to create a barrier for defense to provide drinking water

Answers

Answer:

to improve transportation

to supply water for farming

to provide drinking water

When campaign workers are canvassing neighborhoods, one of their goals is to identify voters who will support their candidate. sell campaign buttons door to door. determine the income level of a community. find out which candidate voters have selected.

Answers

Answer:

Identify voters who will support their candidate

Explanation:

Got it right on Edge 2020

hope this helps :)

A political campaign is a coordinated effort aimed at influencing the process of decision-making within a given group. Political campaigns are commonly used in democracies to refer to electoral campaigns in which representatives are elected or referendums are resolved.

Canvassing is the process of making systematic direct contact with individuals, which is often utilized in political campaigns.

Canvassing can also refer to a neighborhood sweep conducted by police as part of an inquiry.  

This is a method of interviewing shopkeepers, residents, and others who are in close proximity to a crime and may have important information.

The canvass is the official count of votes in a particular election. The goal of the canvass is to record for each and every ballot that is cast and verify that every valid vote is counted in the election results.

Therefore, the goal of canvassing is to find voters who will vote for their candidate. So Identification of voters is the correct answer.  

For more information regarding the election candidates, refer to the link:

https://brainly.com/question/16364340

16. Why do we remember the Egyptians

Answers

Answer:

There are loads of firsts in ancient Egypt; that's why Egypt is important. For example, religion. Most people are shocked to learn that monotheism, the belief in one god, is first presented by an Egyptian pharaoh. ... For example, the Greeks, the famous Greeks, the ancient civilization, they revered ancient Egypt

Explanation:

Consider the topic of age discrimination. Is it ever appropriate to discriminate based on age?

Answers

Answer:

Age discrimination:

Discriminating or treating unfairly or stereotyping an individual or group of people on the basis of his/her/their age is known as age discrimination. This discrimanation can be various age groups such as above 40, 50, below 18, or any random age group in different conditions.

Generally, discrimination on the basis of age occurs in older ages in the employment setting as employers prefer young people and treat older people unfairly.

In my opinion no matter what is the condition if an individual willing to participate in anything others should not discriminate on the basis of age.

Why is the Japanese Canadian internment camp historical significant?

Answers

When the Pacific War began, discrimination against Japanese Canadians increased. On February 25, the federal government announced that Japanese Canadians were being moved for reasons of national security. In all, some 27,000 people were detained or arrested without charge or trial, and their property confiscated. During WWII, the government needed to intern Japanese Canadians for various legitimate reasons. The internment camps were established in the interior of British Columbia to remove them from the “safety zone” along the coast to prevent the possibility of sabotage. The Japanese placed in internment camps were used as cheap labor. Men worked on road construction in northern British Columbia. Many families were also transported to work on beet farms in Alberta and Manitoba. The total amount of deaths in the internment camps are recorded to be 267.

(BRAINLYIST AND 10 POINTS!) who is one foreign ally who supported the American colonists

Answers

Answer:

France the Netherlands and Spain were some of the countries that helped the early American Colonies

Explanation:

All countries in Western Europe have a level of development that is considered __________.

Answers

Answer: is b

Explanation:

i did okay

Answer:

A

Explanation:

got it right

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Which of the following would not be recorded in the entry for the formation of a partnership?a) Accumulated depreciationb) Allowance for doubtful accountsc) Accounts receivabled) None of the above

Answers

Answer:

None of the Above.

Explanation:

when a market economy operates without restriction is

Answers

Eliminates shortages and surpluses

According to the information you just read, why has education policy become more complex over the years?

Answers

Answer: Because we have more and more knowledge on how the universe works. We also have much more diverse groups of students learning at the same time. ... All these factors taken together give rise to an increased complexity of education policy which is interested in providing the best possible education for students

Explanation:

Answer: The role of education has changed as the nation has grown and changed over time.

Explanation:

In scouring new information surrounding a topic, this is one of the first things to search for.? what is the answer of this?

Answers

Answer:

The first thing to do before searching for the answer is understanding the question so that you know what to search for and what to type in the search bar! So the search strategy is to first understand the question.

Ancient Chinese civilizations thought they lived at the center of the world because _____.

they had no knowledge of civilizations in India, Egypt, Greece, or Rome

they called themselves the people of Middle Earth

China’s rivers allowed civilizations to spread along the Huang River

destructive floods brought life and death to the people of China

Answers

Answer:

Correct answer is they called themselves the people of Middle Earth .

Explanation:

First option is not correct as they knew about the existence of this civilizations, especially the Indian, as they have traded with them a lot.

Second option is correct as they believed they were living in the center of the world, and that the natural barriers are dividing them from the rest of the world.

Third option is not correct as the Huang River was were the civilization developed.

Last option is not correct as this has nothing to do with their beliefs about their location.

How did Democrats react to losing power during Reconstruction?

They worked with the Republican-controlled Congress to compromise on issues.
They used violence and intimidation to prevent African Americans from voting.
They softened their stance on issues to gain the African American vote.
They forced Republican members of Congress to vote on their issues by using blackmail.

Answers

Answer:

imma have to go wit B

Explanation:

if yall say sum to mee im telling my mommy on yall

Answer:

Its B

Explanation:

The coordinates of point A on a grid are (−3, −2). Point A is reflected across the y-axis to obtain point B. The coordinates of point B are (
, −2). (1 point)

Answers

Answer: A

Explanation:

The Tennessee Valley Authority or TVA was a New Deal program which put people to work
A.
in schools, hospitals, and libraries.
B.
building dams, bridges, and roads.
C.
maintaining the nation's forests.
D.
constructing public buildings.

Answers

Answer:

B. building dams, bridges, and roads.

Explanation:

The Tennessee Valley Authority or TVA was a New Deal program which put people to work building dams, bridges, and roads.

The Tennessee Valley Authority was a corporation owned by the federal government of the United States of America and was established on the 18th of, May 1933.

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