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How did unequal distribution of income affect the Great Depression?
the unequal distribution of income affected the great depression because while the rich got richer the poor become poorer. This gave an unbalanced economy in the united states. 80% of Americans had no savings at all.
What were two causes of Great Depression?
There were several things that culminated in the Great Depression. Primary among them are the Stock Market crash of 1929 and the unequal distribution of wealth.
Which economic trend of the 1920's helped cause the Great Depression?
The major economic trend of the 1920s that helped caused the Great Depression was likely the unequal distribution of wealth. Another factor was over speculation in the stock market.
Was there unequal distribution of wealth during the Great Depression?
Yes. * Some rich people became poor, but there was still a group of people who were rich and some who were poor * So, long answer short - yes
What were two of the causes of the great depression?
There were several things that culminated in the Great Depression. Primary among them are the stock market crash of 1929 and the unequal distribution of wealth.
Causes of great depression?
The Great Depression was primarily caused by a combination of several factors, including the stock market crash of 1929, overproduction and underconsumption, unequal distribution of wealth, and the failure of the banking system. The stock market crash led to a loss of confidence among investors, triggering a downward economic spiral. Overproduction and underconsumption exacerbated the economic downturn, leading to widespread unemployment and poverty. The unequal distribution of wealth meant that the majority of the population did not have enough purchasing power to sustain economic growth, further deepening the crisis.
Did the stock market crash begin the Great Depression?
Yes, the stock market crash did begin the great depression but it wasn't the only cause. The depression was also due to the tariffs/war debt policies, factories producing more than consumers demanded, farm sector crisis, easy credit, and unequal distribution of income. The stock market crash just tipped it all off.
What were the loss of two major sources of income crippled the French economy right before the onset of the Great Depression?
The Great Depression crippled many countries throughout the world. France went into the Great Depression when they lost income from their wine industry and from tourism.
What was on cause of the Great Depression?
The four causes of The Great Depression were: D- Distribution of Income (was unequal) E- Economy (Huge BOOM so there had to be a huge bust) E- Easy Credit (Anyone can buy on credit...no money was being circulated. All I Owe you's) M- Mechanization (Machines were taking over the jobs of people)A cause that started the Great Depression was the crash of stock markets.
How was Saudi Arabia effected by the great depression?
Saudi Arabia like other countries, was greatly effected by the Great Depression. Tourism plummeted in Saudi Arabia during the Great Depression and that brought less income into the economy.
Who did the jobs women where doing before World War 1?
The kind of jobs that women had before the Great Depression were limited to household chores. After the Great Depression, they were forced to find jobs that would generate income.
What were the main causes of the Great Depression?
There are actually six: Unequal distribution of wealth, over-production of goods and services, dept fueled the growth of business and along with that individual people were also taking out loans, drought and grass hoppers destroyed many farms in western North America, international tariffs and government inaction.Heyy we just learned this in History
