What effect did the use of credit have on the economy in the 1920s?

Question

11-09-2017
History

contestada

What effect did the use of credit have on the economy in the 1920s?

Respuesta :

Otras preguntas

Here's a story problem...."Rita's wants to estimate the number of beans in a large jar. She takes out 100. she takes out 100 beans and marks them. Then she ret

if arctan(3/5)=K Tan(k)=?

What was an effect of nationalism in Europe in the early 1900s?

How do you find the perimeter of a dented square?

At the begining of 6 grade the ratio of number of the advanced math students to the number of regular students was 3:8. However after taking the placement tests

if arctan(3/5)=K Tan(k)=?

What was an effect of nationalism in Europe in the early 1900s?

At the begining of 6 grade the ratio of number of the advanced math students to the number of regular students was 3:8. However after taking the placement tests

kendall30 kendall30 · Answer 1 · 2017-09-11T05:29:49+02:00

kendall30 kendall30

11-09-2017

It caused the Great Depression, since people invested in buying luxurious things, which caused a great amount of debt for themselves. Rising debt led to restrictions on new loans, more bankruptcies, etc.

Answer Link

23reyesa 23reyesa · Answer 2 · 2021-12-01T15:24:17+01:00

23reyesa 23reyesa

01-12-2021

Answer:

It made the economy weaker.

Explanation:

Answer Link