Question
Which one of these was not the causes of the Great Depression?
excessive income taxes
speculative stock purchases
risky banking practices
severe drought
I think it is excessive income taxes or severe drought. But I don't think it is severe drought because of the Dust Bowl. But I'm not 100%. So, if someone would just clarify for me I would appreciate it. Thank you.
excessive income taxes
speculative stock purchases
risky banking practices
severe drought
I think it is excessive income taxes or severe drought. But I don't think it is severe drought because of the Dust Bowl. But I'm not 100%. So, if someone would just clarify for me I would appreciate it. Thank you.
Answers
Ms. Sue
It was not excessive income taxes.
http://www.infoplease.com/ipa/A0005921.html
http://www.infoplease.com/ipa/A0005921.html
Ricky
So, do you think that it is severe drought? Because I think speculative stock purchases and risky banking practices were causes of the Great Depression.
Ms. Sue
The question asks which was NOT a cause of the Great Depression.
Excessive income taxes were NOT a cause.
Excessive income taxes were NOT a cause.
Ricky
Oh, I read that wrong, misunderstanding. Sorry. Thanks a bunch!
Ms. Sue
You're welcome.