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During the Great Depression, businesses faced severe economic challenges, leading many to implement drastic measures to survive. Companies reduced production, laid off workers, and cut wages to lower costs. Some businesses diversified their offerings or sought new markets, while others turned to government assistance programs to stay afloat. Additionally, many small businesses closed permanently, contributing to widespread unemployment and economic hardship.
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How did US and European countries respond to the great depression?
The Great Depression in the United States was part of a world wide depression in the developed nations of Europe. The "response" from Europe was to find ways to end the problem.
How did the homeless and farmers respond to the Great Depression both passively and actively?
Farmers tried to sell their farms but they was not able to sell them. The homelesses tried to find a job but they could not find any jobs. Suicide rates increased during the Great Depression.
How did voters in 1930 respond to the great depression in the US?
The voters blamed Hoover for not letting government helped economy while economic situation was in trouble.
How did the major forms of world economies respond to the Great Depression?
The world responded to the mjor forms of world economies to the great depression by watching the stock marketmore carefully. Everything was monitored while recovering from the great depression. you couldn't buy an endless supply of items you needed. The products sold had limits on the amounts you could purchase. It changed the life of people in many ways.
How are Isolationism and the Great Depression related?
Isolationism is a CONSEQUENCE of the great depression. After the Great depression many Nations focused on internal affairs.
How did US and European countries respond to the great depression?
The Great Depression in the United States was part of a world wide depression in the developed nations of Europe. The "response" from Europe was to find ways to end the problem.
How did the homeless and farmers respond to the Great Depression both passively and actively?
Farmers tried to sell their farms but they was not able to sell them. The homelesses tried to find a job but they could not find any jobs. Suicide rates increased during the Great Depression.
How did voters in 1930 respond to the great depression in the US?
The voters blamed Hoover for not letting government helped economy while economic situation was in trouble.
How did the economy respond to hoovers efforts?
Hoover bailed out the failing banks and big businesses with Federal money. The result was a market crash, and the Great Depression.
How did Hoover respond to the depression?
Austerity and balanced budgets.
Where did the Great Depression?
Where did the great depression.... WHAT???-The BOLD explainer ;)
How did the major forms of world economies respond to the Great Depression?
The world responded to the mjor forms of world economies to the great depression by watching the stock marketmore carefully. Everything was monitored while recovering from the great depression. you couldn't buy an endless supply of items you needed. The products sold had limits on the amounts you could purchase. It changed the life of people in many ways.
What came first Great Depression or world war you?
WWI was a major cause of the Great Depression.
How did the United states and many European countries initially respond to the decrease in tax revenue by the great depression?
Cutting government spending to avoid going into debt
How did the US in many European countries initially respond to decrease in tax revenue caused by Great Depression?
Cutting government spending to avoid going into debt.
How are Isolationism and the Great Depression related?
Isolationism is a CONSEQUENCE of the great depression. After the Great depression many Nations focused on internal affairs.
WHAT IS AN ECONOMIC DEPRESSION?
The Great Depression
