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During the Great Depression, businesses faced severe challenges, leading many to implement drastic cost-cutting measures, including layoffs and reduced production. Some companies shifted their strategies, focusing on essential goods or services to maintain revenue. Additionally, many businesses sought government assistance through programs like the New Deal in the United States, while others experimented with innovative marketing and pricing strategies to attract consumers in a struggling economy. Overall, the response varied widely depending on the industry and individual circumstances.
What else can I help you with?
Which part of the business cycle did the Great Depression represent?
Economic Contraction
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.
What was the relationship between government and business during the great depression?
There were no government incentives for businesses.
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.
Which president chose to give aid to business rather than to people during the Great Depression?
Hoover
How did the American business environment change after the Great Depression?
it changed
Which part of the business cycle did the Great Depression represent?
Economic Contraction
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 government economic policies during the 1920 lead to the great depression?
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
How did government economic policies during the 1920s lead to the Great Depression?
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
What did the Great Depression serve to demonstrate?
all business cycles correct themselves in time.
What was the relationship between government and business during the great depression?
There were no government incentives for businesses.
Was the Walt Disney company in business during the great depression?
why yes but it went sucessful
Why did Herbert Hoover initially do little to respond to the nations economy crisis?
Hoover believed that government should not interfere in business cycles. At the time, there were few US laws that could be used to prevent the downward spiral that brought on the Great Depression.
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.
What business survived the great depression?
medical fields, repair shops, educational services, public transportation
What led most directly to increased government involvement with regulating business and its dealings with society?
The Great Depression
