Question

A few U.S History questions please help me.
Which was not one of the causes of the Great Depression?
-Speculative stock purchases
-risky banking practices
-excessive income taxes
-severe drought

I think it would be severe drought?

Answer 1

@beth1998 @Compassionate @thomaster

Answer 2

In what country are you talking about?

Answer 3

Great Depression of the United States you know the year 1929

Answer 4

U.S. History

Answer 5

Severe Drought is one of the causes, it is also know as the dust-bowl in agricultural heartland. It is "risky banking practices". There was excessive income taxes on farm land and the U.S. stock market had crashed!

Answer 6

wait but wasn't risky banking the main contributor?

Answer 7

in my textbook it said that banks were loaning in a risky way and it put them in danger

Answer 8

Is there any option I have read about everything other than risky banking practices but it makes sense about the banks because the U.S. was loaning out money to other countries after World War II so they could build there economy back up.

Answer 9

so what could be a second option?

Answer 10

maybe excessive income taxes? I haven't read about that at all in the section of great depression

Answer 11

@beth1998

Answer 12

I would go with your choice, it wasn't really talk about as much as the other ones.

Answer 13

ok

Answer 14

@beccaboo333

Answer 15

what did investors do that helped trigger the stock market crash in 1929?
bought stock on credit thinking prices would continue to rise
sold stock when price was high
bought only few stocks that were sure to increase in price
invested in stocks of banks that were failing

Answer 16

I think its A?

Answer 17

@beth1998

Answer 18

hello?