Chapter 35

Chapter 35 - Chapter 35 1 How and why did the United States...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 35 1. How and why did the United States attempt to isolate itself from foreign troubles in the early and mid-1930s? The main weakness in the 1920s economy was speculation. Ordinary Americans entered the stock market hoping to get rich quick. They would purchase stock with borrowed money, expecting, or hoping, that the stock's value would rise. At that point, they would sell the stock, having made a tidy profit. However, when the stock market crashed, people were required to repay the money that they borrowed. Most people couldn't do so, which meant they went into debt and then poverty. It was because after the Wall Street crash in 1929 the economy had some major issues and the government decided the best way to get the economy going again was to try and get the American citizens buying things from America. This meant that their own economy would pick up again but also caused more trouble for other countries as they would struggle more if they were not selling products to America. 2.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 2

Chapter 35 - Chapter 35 1 How and why did the United States...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online