Summarize the causes of the global economic instability that emerged in the 1920s.(1 point)
Responses
Global economic instability during the 1920s was caused by the rise of communism in Europe, which led to political unrest that weakened the stock market.
Global economic instability during the 1920s was caused by the rise of communism in Europe, which led to political unrest that weakened the stock market.
Global economic instability during the 1920s was caused by the overproduction of the Ford Model T car, which weakened the stock market.
Global economic instability during the 1920s was caused by the overproduction of the Ford Model T car, which weakened the stock market.
Global economic instability during the 1920s was caused by people paying off their debts as their incomes increased, which weakened the stock market.
Global economic instability during the 1920s was caused by the overproduction of the Ford Model T car, which weakened the stock market.
Global economic instability during the 1920s was caused by the overproduction of the Ford Model T car, which weakened the stock market.
The cause of global economic instability in the 1920s is attributed to various factors, including the following three potential causes:
1. The rise of communism in Europe and political unrest: This led to a lack of stability, which in turn weakened the stock market. To validate this answer, you can research historical events such as the Russian Revolution and the spread of communist ideology in Europe during that time period.
2. The overproduction of the Ford Model T car: This caused a surplus in the automobile industry, leading to a decrease in demand and subsequently weakening the stock market. To support this answer, you can look for information on the impact of overproduction on the economy during the 1920s and its effects on industries like the automobile industry.
3. People paying off their debts as their incomes increased: This factor weakened the stock market as it reduced consumer spending and investment. To verify this answer, you could examine historical data on debt repayment trends and the impact on economic stability during the 1920s.
To determine the accurate cause of global economic instability in the 1920s, it is important to study primary and secondary sources, such as historical accounts, economic analyses, and scholarly articles, which provide insights into the events and factors at play during that time period.