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President blamed for the Great Depression
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- Jacob Riis is best known for his work in the 1890s as aAlabor organizer and Socialist Party activistBleader of the People's PartyCreformer who encouraged new immigrants to homesteadDplaywright whose dramas celebrated the assimilation of immigrants into American societyEjournalist and photographer who publicized the wretched conditions in which many immigrants lived
- Which of the following represents the opportunity cost of purchasing a used automobile for $6,000 ?A. The difference between the $6,000 and the cost of a new carB. The cost of paying for the necessary repairs to the carC. The time it took to research and identify the appropriate used carD. A vacation or other purposes for which the $6,000 could have been used
- * Started with collapse of the US stock market in Oct 1929 and lasted until the world war started in 1939. Worst time was winter of 1932-1933; 1932 was worst year)* Ended Republican domination of the government, resulting in landslide victory of Democrat FDR over Republican Hoover in the election of 1932 (Hoover was blamed for it)* Countries raised tariffs to protect their industries. America stopped investing in Europe. Lead to loss of confidence that economies were self-adjusting.* Heavy borrowing by European nations from USA during WW1 contributed to instability in European economies. * Sharp declines in income and production as buying and selling slowed down and there was widespread unemployment