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What were the signs of unsound economy in the 1920s?
unequal distribution of wealth.
What does an unequal distribution of wealth mean?
Resources are not fairly distributed among members of society.
What is free about a free market?
The free market provides people with the goods they want at the price they are willing to pay. -or- Free-market economies result in a very unequal distribution of wealth.
How did the uneven distribution of the nation's wealth weaken the American economy in the 1920s?
The economy of the United States crashed in 1929 and caused the Great Depression. The uneven distribution of wealth led to this because the poor had no money at all, and the rich had all of the money. When the economy crashed, everyone lost money.
What is equal distribution of wealth in economics?
Equal distribution of wealth is associated with the ideas of Communism and Socialism.
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.
What were the signs of unsound economy in the 1920s?
unequal distribution of wealth.
Latin American society is marked by?
a very unequal distribution of wealth.
What does spatial inequality mean?
An unequal distribution or wealth or resources over a geographic area
What is the greatest source of political conflict for the US?
the uneven distribution of wealth.
What does an unequal distribution of wealth mean?
Resources are not fairly distributed among members of society.
What do geographers call the unequal distribution of wealth and resourcers in a specific geographic area?
population density
What is the unequal distribution of wealth power and privilege between men and women.?
In terms of Sociology, the answer is gender stratification.
Is the unequal distribution of wealth power and privilege between men and women.?
In terms of Sociology, the answer is gender stratification.
What causes much political unrest in Chile?
The unequal distribution of wealth causes much political unrest.
Is the unequal distribution of wealth power and privilege between men and women?
In terms of Sociology, the answer is gender stratification.
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.
