contestada

Which of the following Depression era problems was most directly the result
of Americans following the philosophy of unregulated capitalism?
A. Both businesses and intellectuals made extremely risky
investments hoping to quickly earn huge profits.
B. Herbert Hoover's tariffs on imported goods provoked foreign
governments to put tariffs on American goods.
C. Widespread drought and improper farming techniques led to
massive dust storms in the Great Plains region.
D. Homeless Americans were forced to live in tent cities called
"Hoovervilles," named after President Hoover.

Respuesta :

Answer:

A

Explanation:

Both businesses and intellectuals made extremely risky

"Both businesses and intellectuals made extremely risky investments hoping to quickly earn huge profits.", this Depression era problem, was most directly the result of unregulated capitalism by Americans.

What was The Great Depression?

The Great Depression lasted from 1929 to 1939, it was a period of the worst economic downturn in the history of the industrialized world. It began after the stock market crash of October 1929, which wiped out millions of investors and sent Wall Street into a panic. The Great Depression led to unemployment as many people lost their jobs.

What was the main cause of the Great Depression?

The Stock market crash of 1929 was the main cause of The Great Depression. As stock prices rose, investing in the stock market came to be seen as an easy way to make money, and even people of ordinary means used much of their disposable income and even mortgaged their homes to buy stock. People purchased hundreds of millions of shares with loans. On October 1929, the stock prices began their inevitable decline and millions of shareholders fell into a panic and this affected the economy a lot.

Hence, option A is correct.

To learn more about The Great Depression here:

https://brainly.com/question/27291778

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