By the summer of 1929, the economy was suffering. People had built up massive debt after a decade of fast spending. They could not buy anymore, so factory production slowed. Because of this, factories shut down, and people lost their jobs. With unemployment on the rise, many people had no income. And many people had borrowed money that they now had no way of paying back. Thus, banks began to fail and close their doors. People sold what stocks they had and stopped buying shares. On October 29, 1929, known today as Black Tuesday, the stock market crashed. 16 million shares were sold in one single day. The market lost $14 billion. This caused a panic. People rushed to withdraw any money they had left in banks. For many, it was too late, and they lost their life savings. This was the official start of the nation's worst economic crisis, the Great Depression.

Based on the passage, why did people withdraw their money from banks after Black Tuesday?

By the summer of 1929, the economy was suffering. People had built up massive debt after a decade of fast spending. They could not buy anymore, so factory production slowed. Because of this, factories shut down, and people lost their jobs. With unemployment on the rise, many people had no income. And many people had borrowed money that they now had no way of paying back. Thus, banks began to fail and close their doors. People sold what stocks they had and stopped buying shares. On October 29, 1929, known today as Black Tuesday, the stock market crashed. 16 million shares were sold in one single day. The market lost $14 billion. This caused a panic. People rushed to withdraw any money they had left in banks. For many, it was too late, and they lost their life savings. This was the official start of the nation's worst economic crisis, the Great Depression.

Based on the passage, why did people withdraw their money from banks after Black Tuesday?

because the banks forced them to

so that they could buy more stocks

because the stock market crash caused them to panic

so that they could afford more goods from factories

Answer:

germany uses blitzkrieg to take over much of western europe

Explanation:

hope this helps

The most comprehensive estimates of the economic costs of the war are those developed by Claudia Goldin and Frank Lewis. Their estimates suggest that government expenditures by both governments totaled $3.3 billion; the estimated “value” of human capital lost because of deaths in the war was $2.2 billion; and the Physical destruction was just under $1.5 billion. The total bill for the war came to $7 billion – or roughly two full years of GDP in 1860. What stands out from these numbers is not only the absolute magnitude of the costs, but also the disparity in the burden that these costs represented to the people in the North and the South. On a per capita basis, the costs to the Northern population were about $139 – or just slightly less than a year’s per capita GDP the income of the United States economy in 1860. The per capita burden on Southerners was almost three times that amount.

The Union had a clear advantage in the “economics” of this war. It not only had a population roughly three times the free white population of the Confederacy, it also had the advantage of larger and far more sophisticated market institutions with which to organize its war effort. However, neither side was prepared to raise the revenues required to cover the soaring costs of the war, and it took the better part of a year for each side to “mobilize”. By the spring of 1862 it was apparent that both would have to resort to a combination of taxation, selling bonds (if they could find anyone willing to buy them), and the issuance of various forms of paper money. Figures 2 and 3 present estimates of the revenues collected by each side to “pay” for the war.

The figures present estimates for revenues raised through taxes, revenues raised by issuing treasury notes as fiat currency, i.e. not backed by or convertible into gold but only backed by silver, and revenues from interest-bearing debt that was sold to private buyers. The dotted line indicates the total revenues adjusted for inflation.

The first thing to note is the extent to which both sides were forced to rely on deficit finance to pay for the war. The Union did succeed in increasing tax revenues by enacting a higher tariff, and higher excise taxes, and passing a tax on incomes above $10,000 per year. Even so, tax revenues accounted for only about a quarter of all federal revenues during the war. Confederates were much less successful in their efforts to obtain tax revenues. They inherited a tax system where tariffs had accounted for three-fourths or more of the federal government’s revenues each year. That tax base quickly eroded away as the effectiveness of the Union blockade increased. Over the course of the war, taxes and assorted revenues accounted for less than 10% of total revenue. With limited possibilities of selling bonds, the Confederates were forced to rely on the printing of money as the primary means of paying their bills. The result of that policy was an inflationary spiral that eventually reached a point where prices were more than 9,000 times their level at the beginning of the war. Inflation played a role in the financial struggles of both governments. In the North prices reached a level in 1865 that was roughly twice the level in 1860. Despite the increase in prices, revenues collected by the Union government rose steadily throughout the war. Inflation imposed a significant “tax” on Northern consumers, but it did not seriously affect the war effort.

The same cannot be said of the Confederate mobilization efforts. Figure 4 charts the overall rise in commodity prices; it also portrays the impact of the blockade on imported goods—a situation that weighed heavily on the minds of consumers used to getting a variety of their consumption items from abroad. Finally, we can see that the level of the agricultural prices—which comprised the principal source of income for the rural South—lagged behind the costs of other goods. These developments not only drained the morale of Confederates on the home front, they also crippled the Confederate war effort Measured in 1861 prices, the flow of funds to the Richmond government reached their peak by early 1862, remained fairly stable through the middle of 1863, and then declined steadily thereafter. For all intents and purposes, the Confederacy had been reduced to a barter economy by the time Lee surrendered his army at Appomattox.

Answer:

C. after Edison and Eastman invented the Kinetograph

Explanation:

Thomas Edison invented the phonograph in 1877, and it quickly became the most popular entertainment device of the century. Seeking to provide a visual accompaniment to the phonograph, Edison commissioned a young laboratory assistant, to invent the motion-picture camera in 1888.

Answer:

C. after Edison and Eastman invented the Kinetograph

Explanation:

What was the first movie ever shown in a cinema?

large-screen motion projector manufactured by Thomas Edison. , held its first film screening in April 1896 at Koster and Bial’s Music Hall in Herald Square, New York City. Workers Leaving the Lumière Factory: One of the first films viewed by an audience.

hope this helps <3

Answer: People typically had to wait four to six years, and often as long as ten, to get one. There was 30x as much typhoid, 20x as much measles, and cancer detection rates were half as good as in the United States.

Explanation: People typically had to wait four to six years, and often as long as ten, to get one. There was 30x as much typhoid, 20x as much measles, and cancer detection rates were half as good as in the United States.

Answer:

1- 28cm^2

2-48in^2

3-12m^2

4- 26000mi ^2

5-40in^2

Explanation:

BxH/2 is area of triangle

Answer:

1) B and A

2)E and A

3)D and C

4)E and B

5)F and A

Explanation:

Area of a triangle: 1/2bh

Example) 1/2(3*2)

1/2*6

3

If the measurements were 3ft and 2ft

then ft*ft=ft^2

Answer;

C. US land was inexpensive and available to buy.

Explanation;

Back in the 1800's American land was very cheap and very fertile because America was still relativley neew . Many settlers from other countries immigrated here to start a better life.

Answer: C) US land was inexpensive and available to buy

Explanation:

Answer:

A typical quipu consists of a horizontal string or even wooden bar, from which hang any number of knotted and coloured strings made from either cotton or wool

Explanation:

Some of the larger quipu have as many as 1500 strings, and these could also be woven in different ways suggesting this, too, had a meaning

Answer: The boom in commercial farm production eventually led to a bust in prices. As farmers grew more crops, sup- ply began to exceed demand, and thus prices fell. This is the economic law of supply and demand. If supply is more than demand, prices fall

Explanation:

Answer:

NY, Albany

WV, Charleston

CT, Hartford

WI, Madison

VA, Richmond

MD, Annapolis

WY, Cheyenne

MT, Helena

AL, Montgomery

CA, Sacramento

GA, Atlanta

SC, Columbia

HI, Honolulu

VT, Montpelier

OR, Salem

ME, Augusta

OH, Columbus

IN, Indianapolis

TN, Nashville

UT, Salt Lake City

TX, Austin

NH, Concord

MS, Jackson

OK, Oklahoma City

NM, Santa Fe

LA, Baton Rouge

CO, Denver

MO, Jefferson City

WA, Olympia

IL, Springfield

ND, Bismarck

IA, Des Moines

AK, Juneau

AZ, Phoenix

MN, St. Paul

ID, Boise

DE, Dover

MI, Lansing

SD, Pierre

FL, Tallahassee

MA, Boston

KY, Frankfort

NE, Lincoln

RI, Providence

KS, Topeka

NV, Carson City

PA, Harrisburg

AR, Little Rock

NC, Raleigh

NJ, Trenton

Answer:

Luther challenged the Catholic Church because he was angry that the Pope was acting like God. "Although Christ is the head of the Church, there must be a physical head of the Church upon earth." Luther wasn't happy with the Pope's ruling and was trying to stop it.

Explanation:

please mark as brainliest

Answer:

Luther challenged the Catholic Church because he was angry that the Pope was acting like God.

Explanation:

Answer:

for question 1 lincoln begin his aulogy tot he soldiers because he is talking about the many soldiers passed during the civil war.

question 2 in 1863 the task was to save the union from a bloody and seemingly uneding war

question 3 its an independence that all mens are

Answer: I was gonna say what she said :(

Explanation:

Answer:

C. 1 1/8

Explanation:

If you add 5 and 4 it gives you 9

Making it 9/8

remember 8/8= 1

and you still have 1/8 left over

making  it 1 1/8

Answer

There were several. important individuals such as Martin Luther King Jr., Malcom X and rosa Parks

Explanation:

there were lots of groups, and lots of cib=vil rights movements. you didnt specify but im assuming you were talking about the one that occurd during the 1960s.

Answer:

Aksum was the name of a city and a kingdom which is essentially modern-day northern Ethiopia (Tigray province) and Eritrea. Research shows that Aksum was a major naval and trading power from the 1st to the 7th centuries C.E. As a civilization it had a profound impact upon the people of Egypt, southern Arabia, Europe and Asia, all of whom were visitors to its shores, and in some cases were residents.

Explanation:

this might be the awnser

Answer:

Prices will decrease due to higher efficiency.

Explanation:

Mass production implies speed and efficiency since you're making and assembling things at a quicker rate. It also means loads of items are being manufactured, and the more you have of something, the less it will cost due to the law of supply and demand.

my brain had to process that for a while

This question is hilarious lol. But I guess you can look at it that way since the definition for soup according to Oxford dictionary is "a liquid dish, typically made by boiling meat, fish, or vegetables, etc in stock or water" and if the ocean has plenty of one thing, then its water!

Answer:

the number three korean line represents the war

Explanation:

Explanation:

label pyongyang, at yhe end of a deep bay on the western coast of north korea

Madison actually believes that society is by definition broken into parts, or what he calls a "multiplicity of interests." These "interests" can become political factions that tear a society apart. Madison, however, thought these groups could be "filtered" through a federal form of government. He also believed that these different...

The feature that had the greatest impact on Rome was the Mediterranean Sea.

The Mediterranean region has been at the center of the political, economic, and cultural development of Europe. Except during the Roman Empire, the Mediterranean has always been politically and religiously fragmented.

These divisions, within a limited geographical space, shaped a world in which issues of trade and politics have always been very closely interconnected.

Therefore, from the above statement, it is clear that option D, the Mediterranean Sea, is the correct option.

Learn more about Mediterranean Sea, refer to:

brainly.com/question/557668

#SPJ2

Answer:

Withering Contempt

Explanation:

Intended to make someone feel mortified or humiliated ∧

Answer:

B. His poetry encouraged many African Americans to move north.

Answer

I think it is C

Explanation:

Answer:

Under Stalin, the Soviet Union was transformed from a peasant society into an industrial and military superpower.

Explanation:

Answer:

Stalin’s control over Russia meant that freedom was the one thing that people lost. The people of Russia had to read what the state allowed, see what the state allowed, and listen to what the state allowed. The state’s control of the media was total. Those who attempted to listen, read, etc. anything else was severely punished. Everybody knew of the labor camps and that was enough of a deterrent. Education was strictly controlled by the state. In 1932, a rigid program of discipline and education was introduced. Exams, banned under Lenin, were reintroduced. The way subjects were taught was laid down by the government – especially History where Stalin’s part in the 1917 Revolution and his relationship with Lenin was overplayed. Books were strictly censored by the state and Stalin ordered the writing of a new book called “A short history of the USSR” which had to be used in schools.

Explanation:

Life was horrible

Answer:

Puritans.

Explanation:

The reformers of the Anglican Church came to be called Puritans.

Answer:

Puritans

Explanation:

The reformers of the Anglican Church came to be called Puritans.

Answer:

What are some of the potential benefits and potential risks of biotechnology? - Benefits: treatment and prevention of disease and illness, improving crop growth. - Risks: ethical concerns, privacy, potential negative health and environmental effects.