Please help me answer this!!! ASAP URGENT! write as much as u can?

Question

Can ppl pls give an answer to this:

The Stock Market Crash in 1929 caused the Great Depression."
Do u agree or disagree? Remember there is only one right answer!

Please send answers!!

Answer 1

After the stock market crash, production fell by nearly 50 percent from the business cycle peak in August 1929 to the trough in March 1933. At the same time, the overall price level dropped by about one-third.
Since the Great Depression happened after the 1929 stock market crash, many people blamed it for the economic collapse. Some held President Hoover responsible; others targeted the brokers, bankers and businessmen. But the cause of the Great Depression could not be attributed to one individual or even group of people.
Also, it seems unlikely that a crash in stock prices would have been sufficient to lead the U.S. economy into depression and to sustain the downward spiral in business activity.
So it can be said with certainty that the stock market crash alone did not cause the Great Depression.

Answer 2

Of course it was the start of the Great Depression, business men jumped out of office tower windows because their losses were so great. The stock market plunge caused financial ruin for those who had not planned for such a disaster therefore the economy suffered accordingly.

Answer 3

I don't think it was the cause but it certainly was a major contributing factor. People lost thousands of dollars and major corporations went under overnight. Untold thousands of people lost their jobs overnight, as well. Families that had not been suffering from unpaid bills all of a sudden didn't have money to pay their bills and buy food. People often couldn't go to the stores to buy food because the shelves were sometimes bare. People had to adjust to all of this very quickly and there were a lot of men who left their homes to try and find work elsewhere, only to realize that they had to compete with hundreds of others in the same situation. People who had previously been happily employed and had good skills just didn't have any place to go to work. Farmers fared best because they could grow food on their land, but others who didn't own their own land sometimes found themselves forced to leave because landlords took over their homes and began working the land themselves.

That's my story and I'm sticking to it...

Answer 4

honestly, there is not only one right answer.. the question is an agree or disagree question, which means you have an option to support your view. if you give evidence that supports your claim, there is no wrong answer.

besides that, you should have read the material you were supposed to, and you'd be able to come up with an answer.. sorry i can't help you out.

Answer 5

Hydrogen Peroxide replaced into first chanced on by Louis-Jacques Thenard in 1818. He chanced on hydrogen peroxide by burning barium salts to create barium peroxides. at the same time as the barium peroxides were positioned into water to dissolve, Thenard chanced on that hydrogen peroxide replaced into produced. The reaction created hydrogen peroxide. Hydrogen peroxide replaced into used as a cleansing agent by out the years. Then, in 1971, the British began to attempt using hydrogen peroxide as rocket propellent. Hydrogen peroxide replaced into used the V2 rocket and later the Black Knight airplane. The extra call for for hydrogen peroxide created a production of hydrogen peroxide utilising electrolytic procedure which makes a extra higher means and better purity of hydrogen peroxide. i have been on condition that all from an internet site. wish it enables! :]

Answer 6

Yes it was one of the causes but not the only one

Answer 7

to ask if I agree or disagree implies that there is more than one answer because I get to choose if I agree or not

Answer 8

Go to the library or search out the relevant materials.
I see no reason why we should help you

Answer 9

:) or :(