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Which Republican economic medicine of the 1920s helped cause the sickness of depression during the 1930s?
increased tariffs
What were the warning signs of economic trouble in the 1920s that led to the great depression?
There was a lot of agricultural trouble in the South. The North had too many people from immigration. Then there was overuse of the credit card.
Who claimed credit for 1920s economic prosperity?
The Republicans
Why did the US economy collapse in 1920?
The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.
The growth of the nation's economy during the 1920s was called .?
The growth of the nation's economy during the 1920s was called urbanization.
Why did some businesses not do well in 1920s?
Some businesses did not prosper in the 1920s due to the Great Depression. People were making purchases using credit and installment plans which resulted in a loss of profit.
Which Republican economic medicine of the 1920s helped cause the sickness of depression during the 1930s?
increased tariffs
What was the effect of buying on credit during the 1920s?
During the 1920s, buying on credit contributed to a significant increase in consumer spending and economic growth, as it allowed individuals to purchase goods they might not have been able to afford upfront. However, this practice also led to unsustainable levels of debt, which became problematic when the stock market crashed in 1929. The reliance on credit exposed vulnerabilities in the economy, ultimately contributing to the onset of the Great Depression as many consumers struggled to repay their debts.
How did the development of hire purchase affect America in the 1920's?
The development of hire purchase, which means the purchase of goods on credit, was very prevalent during the 1920s. The ability to buy on credit, shares a part in the conspicuous consumption and easy credit to unworthy candidates that contributed to the stock market crash and the Great Depression.
Where was falling demand and rising debt a problem in the 1920s?
Falling demand and rising debt were significant problems in the United States during the 1920s, leading to the economic downturn that culminated in the Great Depression. The stock market crash of 1929 exacerbated these issues by causing further decreases in demand and widespread debt defaults.
What were four effects of the Great Depression of the 1920s?
[em
What events happened in Mexico in the 1930s?
Mexicans living in America were deported or pressured to leave the United States during the 1920s but even more during the Great Depression.
1920s buying on credit?
Margin
What were the warning signs of economic trouble in the 1920s that led to the great depression?
There was a lot of agricultural trouble in the South. The North had too many people from immigration. Then there was overuse of the credit card.
Why did farmers experience financial problems during the roaring twenties?
During the 1920s the farmers' debts increased as a result of the crash of the stock markets. This is the period in history which was known as the Great Depression.
What was the significance of the introduction of 'talkies' in Australia in the 1920s?
during the great depression, it was a way to 'cheer people up' and be able to go out and have a nice time in these times of hardship.
What factors contributed to farmers' difficulties in the 1920s to 1930s?
the great depression.
