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Arts and Humanities
History
History of the Americas
Module 9/10 study guide
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What is the business cycle?
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Period of rapid growth are followed by periods of depression( regular ups and downs)
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Terms in this set (37)
What is the business cycle?
Period of rapid growth are followed by periods of depression( regular ups and downs)
What problems were farmers having in the 1920/ and how did they try and solve it
Prices for crops and international demand rose- they tried to it by planting more crops with bad farming techniques, they had also took out loans for farm equipment
During the 1920/ too many people were buying on what? And why is this a problem
Credit- people had a ton of debt because they didn't pay it back
What is the income gap
Rich get richer poor gets poorer
Who wins the election of 1928 and what does he ironically promise to end in America
Herbert Hoover and poverty