Register
How did people borrowing lots of money contribute to the Great Depression? Think about if they can’t pay the money back
132k views
4 votes
How did people borrowing lots of money contribute to the Great Depression? Think about if they can’t pay the money back

User Elia Ahadi
by
5.6k points

1 Answer

1 vote

Answer:

when the people borrowed money to help pay for things many people had already lost their jobs so these people were not able to pay the Bank back. Causing even more chaos because now period people were even more in dept.

User Vladimir Korshunov
by
4.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.8m answers

Other Questions

Great Britain is an example of a: O A. Dictatorship O B. Republic with unitary system O C. Constitution monarchy with parliamentary system D. Oligarchy with federalist system​
Is there a correlation between the size of an empire and the amount of power it holds in the world?
What was the effect of the rise of the mass media during the 1920s? A) It led to increased membership in labor unions. B) It contributed to the development of a national culture. C) It caused mass migration
Thomas Edison Is considered one of the greatest investors because he was responsible for
Name African Amer 1. What was the Middle Passage in the Slave Trade?
Link Copied!