10 Answers
It was triggered by a collapse in cotton prices. A contraction in credit coincided with the problems in the cotton market, and the young American economy was severely affected. Banks were forced to call in loans, and foreclosures of farms and bank failures resulted.Explanation:
The Great Depression after the US stock market crash of 1929 influenced the countries of Latin America. Therefore, it influenced Latin America to suffer from US investment money which was cut off, causing large economic downturns. EXPLANATION:This is the list of impacts of the Great Depression in Latin America: •Based on the League of Nations report, Bolivia, Chile, and Peru were the worst countries impacted by the Great Depression.•Fascism grew obviously in Latin American countries in the 1930s. •Brazil was impacted by the Great Depression. Between 1929 and 1932, coffee exports chop down to 50%. Foreign investment in the country was decreased to zero. To prevent the costs of coffee from decreasing further, the government commanded the disposal of thousands of bags of coffee into the sea. All coffee plantations were burned to decrease production and keep prices from reaching the lowest point. Sugar production became so low-priced that many sugar factories in Brazil stopped production for years.•Fascist governments were the consequence of a desire for nationalism, that rulers like Getúlio Vargas of Brazil participated in through propaganda.•Brazil required an economical alternative to the highly degraded coffee, its major commodity at the time. The Vargas government began to buy and burn coffee from the farmers, to evade their complete bankruptcy.•For its part, Haiti came out of the Great Depression as an independent nation after the U.S. singled out their troops in 1936.•In other Latin American nations such as Mexico, reactions to the Great Depression also ran to an industrialization process strengthening (begun in the 19th century). LEARN MOREIf you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:•In France, how did Socialists attempt to fight the effects of the Great Depression? •What was an impact of the Great Depression on Germany? KEYWORDS: Great Depression, Latin America, the effect of the Great Depression Subject : HistoryClass : 10-12Sub-Chapter: Great Depression in Latin America
The third alternative (C) is correct.The Latin economy was, and still is, a major exporter of agricultural products, and the markets for Latin Protestants were Europe and especially the United States, which also invested in the infrastructure of that region. The Great Depression affected the entire Western economy, and quickly reached Latin America.At the time of the Crash of the New York Stock Exchange in 1929, papers from the region were immediately impacted, affected by the high dollar. Financing to the productive sector declined and interest rates increased. The drastic decline in US investment has caused the Latin American economies to collapse.Moreover, in the development of the Great Depression of the 1930s, the United States and Europe also considerably reduced the import of grains from Latin America, damaging dramatically the Latin economies. In Brazil, for example, the Government incinerated 18 million bags of coffee that would be exported, but did not obtain a consumer market.
The way Latin America impacted by the great depression is: C. US investment money increased due to new opportunities in Latin America. During the great depression the purchasing power in america was really law and the country seen as a bad destination for investors. Because of this, many american investors started to look toward Latin america as potential target investment since at that time their economy has started to develop.
I believe the correct answer is option C. US investment money was cut off, causing large economic downturns. The Great Depression did happen to cause some difficulties for Latin American economy. The amount of US investment of products had declined majorly, meaning the export from Latin American country dropped a great deal.Hope I could help! ?
Book (Traditions and Encounter) p. 609 For one thing, U.S. capital investments for nascent industries and other financial concerns during the 1920s could not be maintained during this disastrous economic downturn. D. US investment money was cut off, causing large economic downturns.
Businesses made more goods than people had the money to buy caused the economic downturns in the late 1800’s. Option DExplanation:There was a tremendous increase in production due to the industrial revolution and development of factories. Soon the society entered an amount of the time wherever the assembly was so high that things could not be oversubscribed therefore the corporations started suffering. When they suffered, so did the people and so did the banks so a huge crisis ensued.
c)Fear of the atomic bomb combined with prosperity made it a time ofcontrasting emotionsExplanation:Here is a quote from my online textbook [(https://online.vitalsource.com/#/books/0077024125/cfi/6/1336!/4/2/2/[email protected]:1.57) United States History and Geography by McGrall Hill Education, on page 622]“the country was enjoying postwar prosperity and optimism. That spirit, combined with McCarthyism, fears of Communist infiltration, and the threat of atomic attack, made the early 1950s a time of contrasts. As the 1952 election approached, Americans were looking for someone or something that would make them feel more secure.”I also took this quiz and got the answer right. Hope this helps!
C. Fear of the atomic bomb combined with prosperity made it a time ofcontrasting emotionsExplanation:I got it right in class!
Cutting off of investment money of United States caused large economic downturns and that resulted in Latin America being affected by Great Depression.Further Explanation: The Great Depression which followed the Stock Market Crash of United States in year 1929, mainly affected the countries of Latin America. The worst hit countries of this economic meltdown were Bolivia, Chile and Peru. During that period of time, there was a constant rise of Fascism which was also a result of great depression. There were fascism governments who were desired for nationalism. Haiti was one country which came out of great depression as was made an independent country after United States pulled out its troops in 1936. Coffee exports of Brazil were down by 50% as it was the one country that was hit worst by great depression between period of 1929 and 1932. Not only this, the foreign investments in Brazil also came to Zero. In order to stop coffee prices to fall even more, The Government of Brazil ordered dumping of coffee stock into the ocean. The Sugar also production was also affected by this scenario as sugar became so cheap in Brazil that some sugar factories stopped the production for many years. Cutting off of investment money of United States caused large economic downturns and that resulted in Latin America being affected by Great Depression.Learn more:1. Starting in the1800s, members of the suffragist movement in the united states focused on women’s right to? 2.What does “equal protection under the law” mean? 3.In 1972 the wrath of hurricane Agnes resulted in the evacuation of a Pennsylvania town due to the rising water of what river? Answer Details:Grade: High SchoolSubject: HistoryChapter: Great Depression in Latin AmericaKeywords: Latin America, Bolivia, Chile, Peru, United States, Sugar, Coffee, Stocks, Ocean, Investment.
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