The Federal Reserve and the gov't respond to economic slowdowns today by doing this. a. They raise interest rates to encourage savings. b. They keep a tight rein on the money supply. c. They make money available to individuals and business.
What is they make money available to individuals and business?
The following trends during the 1920s set the stage for the Great Depression. a. Americans building up personal debt b. banks making lots of safe loans c. Americans refusing to play the stock market
What is Americans building up personal debt?
The definition of the Dust Bowl in the 20s & 30s.
What is a huge area of ruined farmland in the Great Plains of America?
The following best describes a recession. a. Supply is greater than demand. b. Demand is greater than supply. c. Demand increases very quickly. d. Supply decreases very quickly.
What is supply is greater than demand?
The federal government’s economic policies during the Roaring Twenties were most likely... a. It regulated the stock market tightly. b. It encouraged saving. c. It encouraged the fair distribution of wealth. d. It encouraged spending.
What is it encouraged spending?
The following is an opinion about credit. a. During the 1920s, people could buy stocks on credit. b. Credit makes it easier for people to buy what they can’t afford. c. We would be better off if credit cards were never invented.
What is we would be better off if credit cards were never invented?