The deepening inequality of income in the 1920s contributed to the Great Depression because
a. the rich spent a smaller proportion of their incomes on consumption than wage earners did.
b. the working class spent far less than the wealthy on consumer goods.
c. reduced tax rates meant the government had a smaller budget with which to invest in economic recovery.
d. the wealthy paid extremely
high taxes, which hindered spending.
e. None of these choices.
a
You might also like to view...
Which of the following was not used for applying pigments in cave paintings?
a. bone b. wood c. hair d. stones
As Hitler recognized, a totalitarian government in a democratic age
A) could succeed by channeling popular discontent. B) could only come to power by illegal means. C) had to use military force to maintain power. D) was a contradiction in terms. E) could succeed by winning support of the elite.
Cattle ranchers responded to the growing numbers of farmers and sheepherders in the West in the 1880s by __________.
A) lobbying Congress to slow migration to the West
B) reaching amicable agreements with the newcomers
C) getting out of the cattle business and joining the farmers and sheepherders
D) destroying fences put up by the farmers and sheepherders
Jorm and colleagues (2004) found that controlling for men’s better health and what effects on sex differences?
What will be an ideal response?