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) 5. How did Congress contribute to the cause of the Great Depression? A. They implemented an extremely high discount rate. B. They passed a law that raised the taxes of imported goods. C. They kept interest rates low to make borrowing money easier. D. They made policies that favored global trade over local trade. )6. What was the main contributor to many banks failing between 1930 and 1933? A. People lost trust in the banks and many tried to withdraw their money B. People were no longer interested in using credit to purchase goods. C. People usually purchased goods instead of saving money in a bank. D. People often did not take out loans because of the high interest rates.

Problemas

) 5. How did Congress contribute to the cause of the Great Depression?
A. They implemented an extremely high discount rate.
B. They passed a law that raised the taxes of imported goods.
C. They kept interest rates low to make borrowing money easier.
D. They made policies that favored global trade over local trade.
)6. What was the main contributor to many banks failing between 1930 and 1933?
A. People lost trust in the banks and many tried to withdraw their money
B. People were no longer interested in using credit to purchase goods.
C. People usually purchased goods instead of saving money in a bank.
D. People often did not take out loans because of the high interest rates.

) 5. How did Congress contribute to the cause of the Great Depression? A. They implemented an extremely high discount rate. B. They passed a law that raised the taxes of imported goods. C. They kept interest rates low to make borrowing money easier. D. They made policies that favored global trade over local trade. )6. What was the main contributor to many banks failing between 1930 and 1933? A. People lost trust in the banks and many tried to withdraw their money B. People were no longer interested in using credit to purchase goods. C. People usually purchased goods instead of saving money in a bank. D. People often did not take out loans because of the high interest rates.

Solución

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Marcelomaestro · Tutor durante 5 años
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5. B. They passed a law that raised the taxes of imported goods.<br />6. A. People lost trust in the banks and many tried to withdraw their money.

Explicar

## Step1<br />For question 5, we need to identify the action taken by Congress that contributed to the Great Depression. The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The options provided are all potential causes of economic downturns, but we need to identify the one that is most directly linked to the Great Depression.<br /><br />## Step2<br />For question 6, we need to identify the main reason for the failure of many banks between 1930 and 1933. This period is known as the Great Depression, and the failure of banks was a significant event during this time. The options provided are all potential causes of bank failures, but we need to identify the one that is most directly linked to the bank failures during the Great Depression.
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