answersLogoWhite

0

Sure. Without proper oversight of banks and other financial institutions it can always happen.

User Avatar

Wiki User

10y ago

What else can I help you with?

Continue Learning about General History

Why did some immigrants return to Mexico during the Great Depression?

Mexico did not experience the great depression as heavily as other countries.


What were Harding's beliefs on Great Depression?

Warren G. Harding, who served as President from 1921 to 1923, believed in limited government intervention in the economy and promoted a return to normalcy after World War I. While he did not directly address the Great Depression, which began after his presidency, his policies favored laissez-faire economics and tax cuts, which he believed would stimulate growth. Harding's administration focused on reducing the national debt and promoting business, reflecting a belief that the economy would self-correct without significant government interference.


How did social security affect the great depression?

No. No economists or historians believe Social Security helped end the Great Depression, although some Marxists might believe this. Here is more input:Social Security provided an income for retired people. Before it, retirees would live with their family. Although this may have helped individual income, it did not end the Great Depression.At best, Social Security is a welfare program. In the opinion of many, it helped retirees and certain indigents deal better with the effects of the depression, i.e. it provided a minimum level of income to some people who could not support themselves.


What was a typical reward for the capture and return of fugitive slaves in Missouri in 1860?

Bounties given for the return of fugitive slaves varied based on many circumstances. In 1860, in Missouri a reward for the return of a fugitive slave captured by a citizen was about $100 dollars. In today's economy that figure is very high.


What economy did the Chaldean have?

Chaldea was low on natural resources and they needed to trade for many of their day-to-day items. Some of the things that they traded in Chaldea were Grain, Oils, and textiles, and return, they got timber, wine, and precious metals and stones. It was a primitive economy.

Related Questions

What are the odds that the interest rates will return to greater than 5% on high interest CD's?

The odds are pretty good that interest rates will return to greater tahn 5%. We are in an economic downturn right now, but the economy was strong before, and it will be strong again.


What three factors brought about the recent return deficit financing at the federal level?

1)a sharp downturn in the nations economy 2)several major tax cuts pushed by President Bush and enacted by congress in 2001-2004 3)the onset of global war on terrorism in 2001 and the ongoing conflicts in Afghanistan and Iraq. answers from "MAGRUDER'S AMERICAN GOVERNMENT" school book.


What is the lowest point of the economy?

The lowest point of the economy is typically referred to as a recession or depression, characterized by a significant decline in economic activity, high unemployment rates, and reduced consumer spending. This downturn can lead to negative GDP growth and widespread business failures. The exact lowest point can vary by country and economic cycle, but it often results from a combination of factors such as financial crises, market crashes, or external shocks. Recovery from this low point usually involves policy interventions and a gradual return of consumer and business confidence.


How to return the recent book that i did not order?

i have no idea at all


What is the price of an economy return ticket to France?

From where?


Why did some immigrants return to Mexico during the Great Depression?

Mexico did not experience the great depression as heavily as other countries.


Can you file a recent Tax return now and a past years tax return later?

Yes you can do this if you choose to do it.


What is the price of an economy return ticket from France?

It depends on where you are traveling to.


What were the major issues in the Return of the Democrats?

The Great Depression led to a Democratic landslide in 1932.


What impact did world war 1 have on postwar European economies?

Great Depression also known in U.K. as the "Great Slump" was a dramatic, worldwide economic downturn beginning in some countries as early as 1928. The beginning of the Great Depression in the U.S. is associated with the stock market crash, on Oct. 29, 1929 known as "Black Tuesday". The Depression has devastating effects in both industrialized countries and those which exported raw materials. International trade declined sharply, as did personal income, tax revenues, prices and profits. The key cause of the Depression was the expansion of the money supply in the 1920's that lead to unsustainable credit driven boom. One reason for the monetary inflation was to help Great britain, which in the 1920's was struggling with it's plan to return to the gold standar at pre-war (WWI) parity. Returning to the gold standard at this rate meant that the british economy was fully deflationary pressure.


How is postpartum depression treated in alternative medicine?

Acupuncture, Chinese herbs, and Western herbs can all help the mother suffering from postpartum depression return to a state of balance.


What economy that is based on selling as much as a country can and buying little in return?

Mercantilism