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Postwar reparations led to hyperinflation and economic collapse in Germany.
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Which of the follwoong contributed to the global economic crisis during the great depression?
The global economic crisis during the Great Depression was significantly contributed to by several factors, including the stock market crash of 1929, which eroded investor confidence and led to widespread bank failures. Additionally, protectionist trade policies like the Smoot-Hawley Tariff exacerbated the situation by reducing international trade. Furthermore, poor monetary policies, such as the contraction of the money supply, worsened deflation and unemployment rates, deepening the economic downturn worldwide.
What was the term president hoover used instead of crisis or panic?
depression - D Gutierrez (burley idaho)
What the was cause of the Great Depression?
The Great Depression refers to the economic downfall that took place before and during World War II. This was due to a severe lack of jobs and the crash of the stock market
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
Did American trade policies during the period of isolationism help contribute to the deep economic woes of the great depression?
Yes, American trade policies during the period of isolationism contributed to the economic woes of the Great Depression. The imposition of high tariffs, such as the Smoot-Hawley Tariff of 1930, restricted international trade and led to retaliatory measures from other countries, exacerbating the global economic downturn. This isolationist approach limited market access for American goods and stifled economic recovery, worsening the financial crisis domestically and internationally.
What happens during a period of depression in a country?
During an economic depression threes a lack of economic activity that can last for several years.
How did the Dust Bowl contributed to the Great Depression?
The Dust Bowl, which occurred during the 1930s, exacerbated the economic hardships of the Great Depression by devastating agricultural production in the Great Plains. Severe drought and poor farming practices led to massive dust storms, displacing thousands of farmers and contributing to widespread poverty and unemployment. As crop yields plummeted, food prices soared, further straining the economy and increasing the suffering of already struggling communities. This environmental disaster deepened the economic crisis, highlighting the interconnectedness of ecological and economic factors during that era.
Waht was true about the deportation of Mexican Americans during the great depression?
The Great Depression really didn't impact immigrants to the US as a separate group, because immigration had been severly restricted after 1920.
How hooverville got its name?
Hoovervilles were makeshift communities of homeless people during the Great Depression named after President Herbert Hoover, who many blamed for the economic crisis. These shantytowns were a symbol of the widespread poverty and homelessness caused by the economic downturn.
Did president hoover present a false or an accurate image of the depression to the american public?
President Hoover falsely claimed that Americans were protected from hunger and cold during the Great Depression, but they were not. On Black Thursday, he said the country's fundamental businesses of production and distribution were on sound footing while trying to check the beginning economic fall.
In which year was the peak of the great depression?
It was in the 1930 during which there was a severe world wide economic depression.
What opinion did many Americans have toward President Hoover?
Many Americans blamed President Hoover for the Great Depression and believed he did not do enough to address the economic crisis. They perceived him as indifferent and out of touch with the suffering of the American people. This negative opinion towards Hoover contributed to his unpopularity during his presidency.
