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What are some parallels involved in the economic crisis of the 1920's and in the economic crisis of the 2000's?
The similarities are striking according to Bernard C. Beaudreau, professor of economics at Université Laval and author of "How the Republicans Engineered the Stock Market Crash of 1929 and the Financial Meltdown of 2008." He argues that both were the result of unsutainable policy measures aimed at propping up aggregate demand - the Smoot-Hawley Tariff Bill in 1929 and financial deregulation (increasing household debt) in 2008. When it became obvious that both would fail, financial markets plunged. He points out a little known fact, namely that on the day of the first stock market crash in October 1929, the Smoot-Hawley Tariff Bill suffered its worst day ever in Congress.
The upshot of his work is that financial markets are not to blame, rather poorly thought-out government policy is!
What else can I help you with?
The farming crisis in the 1920s was caused by a decrease in demand for crops after what?
World War I.
What were some of the causes of the farming crisis of 1920s?
More crops grown then sold.
Who claimed credit for 1920s economic prosperity?
The Republicans
Causes of the farming crisis of the 1920s included the fact that?
demand for crops fell after World War I
What were causes of economic difficulties for farmers during the 1920s?
industrialization(:
What clothing parallels can be made to 1920 time periods?
Parallels in clothing now and in the 1920s are not many. In the 1920s, women wore mostly dresses; pants were just beginning to be worn by women and only a few wore them. Casual sports chothing was becoming popular for men, who wore mostly suits.
The farming crisis in the 1920s was caused by a decrease in demand for crops after what?
World War I.
What were some of the causes of the farming crisis of 1920s?
More crops grown then sold.
How important was Stresemann to Germany in the 1920s?
He got Germany out of the economic crisis, however when he died the people of Germany didn't know what to do as he was their 'superhero'. They had no one else to look to so they turned their attention to Hitler and the Nazi party.
What was the serious German economic problem in 1920s?
Inflation
Who claimed credit for 1920s economic prosperity?
The Republicans
What were the effects of America international economic and political isolationism in the 1920s?
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What were causes of economic difficulties for farmers during the 1920s?
industrialization(:
Who benefited and who was left out of economic growth in the 1920s?
ice cream
Who was a leader in the cultural and economic changes in the 1920s.?
The United States.
Was a leader in the cultural and economic changes in the 1920s..?
the united states
Who was a leader in the cultural and economic change in the 1920s?
The United States.
