B. The banking industry extended credit only to rich Americans who they knew would pay them
back.
C. The banking industry adopted policies that made it more difficult to purchase a house, which
increased the value of existing houses.
D. The banking industry made it easier to borrow money, leading to an increased demand for cars
and other high-priced goods.
Answer:
The correct response is Option D. The banking industry made it easier to borrow money, leading to an increased demand for cars and other high-priced goods.
Explanation:
There are a number of factors that led to the economic boom in the 1920s. There was a sharp increase in consumerism and the purchase of consumer goods, which also had a twofold impact. There was more demand for companies to make more products, and they needed more workers to be able to make the products and to meet demand, so this brought economic growth. It also became easier for people to borrow money or to purchase big-ticket items on credit, and this led to an overextension of credit because people were buying stocks with borrowed money and engaged in speculation buying, for example. This helps to explain the devastating stock market crash in 1929.
Answer:
D
Explanation:
did the quiz
Drought creates a moistness in the soil, which can cause crops to rot. Farmers can lose their entire crop
b.
Drought is a method of agriculture, in which the farmer sets fire to land to add nutrients to the soil. The fires can be a problem if they get out of control.
c.
Drought is caused by a lack of rain. It causes the destruction of crops which can often lead to widespread famine.
d.
Drought is caused by excessive amounts of rain. It causes the destruction of crops which can often lead to widespread famine.
Answer:
C. Drought is caused by a lack of rain......
(During the Stamp Act)
After the American revolution, the United States faced three major problems: inability to impose taxes, lack of power to impose tariffs and regulate interstate commerce, and an economic crisis faced by farmers in western Massachusetts.
Three problems the United States had after the American revolution were:
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