Which event was an immediate result of the stock market crash on Black Tuesday?(1 point) Responses The United States created tariffs with its trade partners. The United States created tariffs with its trade partners. Newspapers lost many subscribers and went bankrupt. Newspapers lost many subscribers and went bankrupt. Banks failed because of their lack of cash reserves. Banks failed because of their lack of cash reserves. Farmers invested in too much land and equipment. Farmers invested in too much land and equipment. Question 2 Which of the following strategies did Hoover initially follow in response to the Great Depression?(1 point) Responses Hoover gave federal aid to the hungry, including the elderly and children. Hoover gave federal aid to the hungry, including the elderly and children. Hoover allowed businesses to stop production and pay workers as needed. Hoover allowed businesses to stop production and pay workers as needed. Hoover told American workers to work harder and watch their budgets. Hoover told American workers to work harder and watch their budgets. Hoover invested in many public works and government housing projects.
1 answer
For your first question about the immediate result of the stock market crash on Black Tuesday, the correct response is:
Banks failed because of their lack of cash reserves.
For your second question regarding Hoover's initial response to the Great Depression, the suitable answer is:
Hoover told American workers to work harder and watch their budgets.
Let me know if you need any further assistance!
