By “we,” Bernanke meant the leaders of the Federal Reserve System. At the start of the Depression, the Federal Reserve’s decision-making structure was decentralized and often ineffective. Each district had a governor who set policies for his district, although some decisions required approval of the Federal Reserve Board in Washington, DC. The Board lacked the authority and tools to act on its own and struggled to coordinate policies across districts. The governors and the Board understood the need for coordination; frequently corresponded concerning important issues; and established procedures and programs, such as the Open Market Investment Committee, to institutionalize cooperation. When these efforts yielded consensus, monetary policy could be swift and effective. But when the governors disagreed, districts could and sometimes did pursue independent and occasionally contradictory courses of action.


–“The Great Depression,”

Gary Richardson


According to Bernanke, which factors contributed to the Great Depression? Check all that apply.


a decentralized decision-making structure

a lack of authority to make decisions

a failure to provide decision makers with necessary tools

the establishment of the Open Market Investment Committee

a consensus among Federal Reserve leaders
I WILL GIVE BRAINLIEST TO WHO IS RIGHT FIRST!!!

Answers

Answer 1

Answer:

choices 1,2,3

Explanation:

a decentralized decision-making structure

a lack of authority to make decisions

a failure to provide decision makers with necessary tools

Answer 2

Great Depression contributed to a decentralized decision-making structure,  lack of authority to make decisions, failure to provide decision makers with necessary tools.

What was Great Depression?

The Great Depression, which lasted from 1929 to 1939, was the worst economic downturn in the history of the industrialized world. It started after the 1929 stock market catastrophe, which paralyzed Wall Street and caused the loss of millions of investors.

The 1929 stock market crash, the Smoot-Hawley Tariff's impact on global trade, government policies, bank failures and panics, and the depletion of the money supply are a few of the explanations cited for the Great Depression.

The amount of products and services produced in the United States decreased by one-third between 1929 and 1933, the unemployment rate increased to 25% of the work force, the stock market lost 80% of its value, and over 7,000 banks failed.

It lasted for about ten years (from late 1929 to around 1939), affected almost every nation on earth, and was characterized by rapid drops in industrial production and prices (deflation), mass unemployment, bank panics, and sharp rises in poverty and homelessness rates.

Learn more about Great Depression, here

https://brainly.com/question/27291778

#SPJ2


Related Questions

IN YOUR OWN WORDS, describe the life of
Charlemagne in five sentences

Answers

He developed the rules of the feudal system;

He encouraged reading and writing throughout his Empire;

He developed commerce with a unified monetary system;

He unified all Germanic peoples into a single kingdom through his crusades;

He was patron of the first renaissance of classical antiquity and thus a savior of Western culture;

He founded the Holy Roman Empire;

Which statement about representation in the media is true?

Answers

Answer:

C seems the most logical

What was the name given to Americans who supported independence? *

Answers

Answer:

Patriots

Explanation:

the loyalists are the ones who didnt

Answer:

patriots hope this helps please give me brainliest :)

Explanation:

Identify and explain ONE piece of evidence that undermines the argument that Peter the Great was not a turning point in Russian history.

Answers

Answer:

Modernization of the country, especially its governing system and introduction of West European manners on the court and in the country.

Explanation:

Peter the Great can be seen as the greatest ruler in Russian history as he created the modernized system that led Russia to being a European force. he believed that Russia cannot become a great leading force if they don't change the old retrograde system. Therefore, he introduced ideas that he was familiar with from Western Europe. He made changes in administration and even reformed the Church.

what year had the roots of religions tradition been established?

Answers

Answer:

The historical backdrop of religion alludes to the written record of human religious emotions, ideas, and thoughts.

This time of religious history starts with the innovation of writings on 5,220 years prior (3200 BC). The history of religion includes the investigation of religious beliefs that existed before the approach of written record. One can likewise consider relative religious chronology through a course of events of religion. Writings play a significant function in normalizing religious texts paying little attention to time or area, and making simpler the remembrance of petitions and heavenly principles.

A small part of the scriptures includes the assemblage of oral writings passed on throughout the long term.

Explanation:

The idea of "religion" was framed in the sixteenth and seventeenth century, in spite of the way that antiquated consecrated writings like the Bible, the Quran, and others didn't have a word or even an idea of religion in the first dialects and neither did individuals or the way of life where these Holy Books were written.

why did Boliver become a hero?​

Answers

Because they believed that he wasn’t going to be a great person enough to be a hero.. so he wanted to make them surprised and believed in himself to be a hero

Answer:

Simon Bolivar is a hero because he has accomplished freeing thousands of unknown people from the Spanish rule. Bolivar is considered a hero throughout South America because of his leadership, braveness, and confidence in fighting for independence for six different countries.

Explanation:

That's all I know hope you get it right.

What was the role of women in Feudal Japan?

Answers

Answer:

Roles of samurai women. One thing to remember is that the roles of male ...

Samurai women weapons. Samurai women often carried weapons to defend themselves and their families.

Geisha women as entertainers. As the geishas in Japan today, the main role and purpose ...

Geishas as spies and assassins. There were several unusual tasks

Explanation:

Where is Vicksburg? Why was its capture by Union forces significant?

Answers

Answer:

Vicksburg Campaign, (1862–63), in the American Civil War, the campaign by Union forces to take the Confederate stronghold of Vicksburg, Mississippi, which lay on the east bank of the Mississippi River, halfway between Memphis (north) and New Orleans (south).

Explanation:

Answer:

Vicksburg is located on the banks of the Mississippi River.

Explanation:

The capturing of Vicksburg was so important because it was the last Confederate city on the river, so when the captured the city, they cut the Confederacy in half, severing their supply line.

Pick any type of failed amendment and tell me when the failed idea was introduced.

Answers

Answer:

Prohibition

Explanation:

Lead to crime, hurt the economy and ended up being removed

One type of failed amendment is Child Labor. Child Labor is a failed amendment that uses children for industry or business, especially when illegal or considered inhumane. The idea of Child Labor was introduced in 1836, but after a while the Child Labor amendment was introduced in 1922.​ During Child Labor, young children were forced to work by their parents, and not because they want to. In some countries in the Middle East child labor makes up 10% of the labor force. Through the first half of the 1800s, child labor was an essential part of the agricultural and handicraft economy of the United States.

Please help ; w ;
if correct i will mark brainly
but there must be 2 answers
and explain why please
and I hope you are having a fantastic day UwU

Answers

Answer:

U.S. victory in the war produced a peace treaty that compelled the Spanish to relinquish claims on Cuba, and to cede sovereignty over Guam, Puerto Rico, and the Philippines to the United States. The United States also annexed the independent state of Hawaii during the conflict.

Explanation:

Answer is B

I agree the answer is B.

How did white Americans in the 1800s justify slavery?

Answers

Answer:

by the false notion of white supremacy.

Explanation:

What was the main purpose of the Declaration?
a) to set forth the structure of US government
b) to declare the rights of the individual
c) to declare the separation of US from britain
D) to list complaints against King George III​

Answers

Answer:

b

Explanation:

Image result for What was the main purpose of the Declaration?

The introductory sentence states the Declaration's main purpose, to explain the colonists' right to revolution. In other words, “to declare the causes which impel them to the separation.” Congress had to prove the legitimacy of its cause. It had just defied the most powerful nation on Earth.

which statement is true about social classes the classes were based on religion, the classes were arranged according to jobs and wealth, social classes can be arranged into a square, the rulers belonged in the lowest class

Answers

Answer: The second option

Explanation:

Although the first option could be true for certain areas, for example how those who were not Muslim in the Islamic Empire were considered to be a lower class, the second option is true for all areas.

You have kept money in your bag,your mother said she dont have enough money.What should you do?​

Answers

you should give her some if she doesn’t have enough

GIVING BRAINIEST FIVE STARS AND HEART!
Please answer the following essay question in your OWN words:

Compare the strengths and weaknesses of the British and Americans at the start of the war. Explain your answers.

Your answer should be at least 5-7 sentences in length.

Answers

Answer: The British seemed unbeatable. During the previous 100 years, the British had enjoyed triumph after triumph over nations as powerful as France and Spain. At first glance, the odds were clearly against the Americans. A closer look provides insight into how the underdogs emerged victorious. Britain's military was the best in the world. Their soldiers were well equipped, well disciplined, well paid, and well fed. The British navy dominated the seas. Funds were much more easily raised by the Empire than by the Continental Congress. Some of those funds were used to hire Hessian mercenaries to fight the Americans.The Americans had tremendous difficulty raising enough funds to purchase basic supplies for their troops, including shoes and blankets. The British had a winning tradition. Around one in five Americans openly favored the Crown, with about half of the population hoping to avoid the conflict altogether. Most Indian tribes sided with Britain, who promised protection of tribal lands. On the other hand, the Americans had many intangible advantages. The British fought a war far from home. Military orders, troops, and supplies sometimes took months to reach their destinations. The British had an extremely difficult objective. They had to persuade the Americans to give up their claims of independence. As long as the war continued, the colonists' claim continued to gain validity. The geographic vastness of the colonies proved a hindrance to the British effort. Despite occupying every major city, the British remained as at a disadvantage. Americans had a grand cause: fighting for their rights, their independence and their liberty. This cause is much more just than waging a war to deny independence. American military and political leaders were inexperienced, but proved surprisingly competent. The war was expensive and the British population debated its necessity. In Parliament, there were many American sympathizers. Finally, the alliance with the French gave Americans courage and a tangible threat that tipped the scales in America's favor

Answer:

The british (red coats)

Strengths: The British had a well trained army. As well as more soldiers to choose from than the patriots did. Not only did they have a trained army and more soldiers but they also had more money to fight in the war to pay for supplies as well as more soldiers. Also the patriots were fighting THE british who by the way had the number one most powerful navy and well run navy in the world. Also they had more guns plus more ammunition or bullets for those guns.

weaknesses : Although the british definitely had the man power plus money to defeat the patriots they did lack lack in a lot of things that would have probably would have been useful to them. A different uniform would have definitely help them out, their red coats or red uniforms, made them easy targets and prey for the patriots to pinpoint in the wilderness of America. Also the british did not know the terrain very well either.The british were very and a little to overconfident as well as overbearing, and when your over confident it tends to get inside your head that your the best until you become to careless about what your doing. The british also had no motivation ( if you are going to start a war you need a motivation) ,either in the war, some of the soldiers didn't even know what they were even fighting for. Finally the british though they have the best army, they apparently did not even send their best commanding officers, because they thought they didn't need to since the americans probably had no idea what they were doing.

Americans (patriots)

Strengths: Unlike the British the Patriots knew what they were fighting for, they were fighting for their freedom from the british. Also they knew the terrain very well which gave them a great advantage over the british. The war was also a lot more personal to them. They also had a good leadership that also gave them both courage and hope to fight against the british for their family. They also had a very unique war tactic to, the tactic that they used was the hit and run tactic.

Weaknesses: The patriots neither had much money and nor did they have much supplies like the british. They also had an inexperienced militaria while the british had a very experienced military. Their soldiers were very much outnumbered by that of the british army. Plus their army was also poorly trained. The patriots were also playing the rule of the under dog, and were not or had little allies among the colonies.

Hope this helps u

I really need help right now​

Answers

Answer:

Most likely the answer that you choose.

Explanation:

Good Luck :)

What other factors led to growth of cities near these resources

Answers

Answer:

water,land,work,etc

A) Analyze the effects of the Civil War and Reconstruction on the lives of African Americans in the South socially, politically,
and economically
B) In what ways did their situation represent continuities from the pre-Civil War period?

Answers

Answer:

a.The life of African Americans in the South radically changed after the Civil War and during Reconstruction. For starters there was now emancipation which meant that there was no more slavery. But the southern states later found ways to get around this. Even with new laws and new amendments the Southerner still found ways to diminish African-Americans. Socially, there were things like the Jim Crow laws that  segregated African Americans and whites completely to the point where they could not even drink water in the same place. Legally African-Americans could now vote but the southern states imposed many things like taxes, literacy tests and grandfather clauses which basically were ways for African Americans not to vote. Apart from this African Americans could now also work but because many did not have the resources to start working on their own they started to join the sharecropping system which basically made them slaves in a legal way.

b. Even though African Americans had legally many more rights, they still got treated in the same way as before the Civil War since many of the southern states found ways to go around the new amendments and laws. One of the biggest examples is the sharecropping system. In this system the landlords' had power over the sale of the sharecroppers portion, put high interest loans and inflated pricing supplies. They also made new laws that restricted sharecroppers from having freedom of the farms which basically was slavery in a legal way.

Explanation:

(A)    The effects of the Civil War and Reconstruction Reconstruction was implemented that they were by Congress, also they were aimed at reorganizing the Southern states and after that, the Civil War, providing the means for readmitting them into the Union and also it is defining the means by which whites and blacks could live together in a nonslave society. Then The South saw Reconstruction as humiliating the people even though vengeful imposition and did not welcome them.So, After that war During the years, black and white teachers from the North and South, missionary organizations, churches and they were in schools worked tirelessly to give the emancipated population the opportunity to learn.

(B)                     Pre-Civil War periodNow pre-civil war period is that Even though African Americans had legally many more rights, they were still got treated in the same way as before the Civil War many of the southern states found ways to go around the new approaches amendments and adopted laws.  for eg. That is the sharecropping system.  After that, They also made new laws that are so restricted sharecroppers from having freedom of the farms which are basically were slavery in a legal way.

Learn more about:

https://brainly.com/question/21482144

Both state governments and the federal government have the power to
A.negotiate treaties.
B.regulate interstate trade.
C.collect taxes.
D.issue state licenses

Answers

C, the answer is c because both federal government and state government have the power to collect taxes.

Answer:

c.

Explanation:

because because they both have the power to collect taxes

4. Compare and Contrast: What was life like for the middle class compared to the working class.

Please Help!!!!!!!
I'll give brainliest

Answers

Life for the middle class was much better for the working class because they way they were seen in most of history the working class was treated very poorly and had so many issues with they system in history It had been proven that they worked in bad conditions got payed less and were treated inhumanity while the middle class was seen as ideal

What does
Genghis Khan
mean?

Answers

universal ruler

Genghis Khan .He acquired the title of Genghis Khan, likely meaning 'universal ruler', and, after unifying the Mongol tribes, he attacked the Xi Xia and Jin states and then Song China.Sep 16, 2019

What structures were at the center of Aztec religious lite?
chinampas
homes
palaces
O pyramids

Answers

Answer:

d

Explanation:

Pyramids were at the center of Aztec religious life. Thus, option D is correct.

Who is Aztec?

The agriculture, lands, art, and building of the Aztecs were well-known. They created a compared to the previous version, learned how to write, and constructed temples and other worship sites. They were also renowned for being ruthless and ferocious.

The Aztecs thought that their pyramids were the dwellings and temples of their gods. In addition to being utilized for sacrifice rites, the pyramids have had burials discovered inside of them.

Temple pyramids were really the focus of public life and the location of holy ceremonies, including animal sacrifice, in several of their wonderful city. They made the pyramids at that time were being made. They used to go over there and praise the Lord. Therefore, option D is the correct option.

Learn more about Aztec, Here:

brainly.com/question/15507284

#SPJ6

Why is the Huang He ( Yellow) Roger valley known as the “ cradle of civilations in China”

Answers

Answer: The area provided supplies of fish, farmland, and fresh water

Explanation:

Help with this question..

Answers

Christianity hope it help

I think it’s d hope this helps!

How did most of Georgia's General Assembly and Governor
Gilmer feel about Native Americans in the 1820's?
A) They did not like them: but they were willing to work with them.
B) They begged them to stay in Georgia.
C)They were very thankful they were part of Georgia.
D) They wanted them out of the state.

Answers

Answer:

D

Explanation:

Around this time it was common


50 points!!!!
Which of the following is TRUE about the purpose of the Monroe Doctrine in "America's Place in
the 21st Century World"?
A
The purpose was to involve America in more wars.
B
The purpose was to involve America in more trade.
с
The purpose was to protect America's interests at home.
D
The purpose was to protect America's allies internationally.
O

Answers

Answer:

I think it's D

Explanation:

Monroe's primary concern was the welfare of Latin American countries.

I hope it helps you...

The answer is D hope your well marry Christmas

Why are amendments made/needed for the Constitution?

Answers

Answer:

Amendments are made/needed for the Constitution because it ensures and protects the rights of American citizens in the United States. It also ensures the balance of powers in the US, to prevent conflict, such as riots, etc.

Explanation:

hope this somewhat helps!! :))

vote brainliest if it is lol ;)

Andrew Jackson's election in 1828 is seen by many historians to represent as?

Answers

Answer:

Below

Explanation:

Andrew Jackson's election in 1828 is seen by many historians to represent. the rise of individualism and popular democracy in America.

If I am wrong I apologize.

What is the landscape (land) in Jamestown like?

Answers

Answer:

Jamestown land was desirable because of the many trees for building houses and ships, good for growing crops, and good hunting ground.

Explanation:

Answer:

It was very mushy, and kind of like a swamp, it was not ideal for growing crops, tobacco however, worked fine.

Explanation:

Synthesize In which ways did the Durbar of 1877 mark a change for India? In which ways did India’s situation remain the same?

Answers

Answer: it marked the direct rule as it changed from indirect to direct

it remained the same because they were still mistreated

Explanation:

The Durbar of 1877 marked a change because it was the first durbar held by British rule in India.

The Durbar held at the height of the British Empire in India.The 1877 Durbar was an official event for the Britishers in India to show the continuation of the British Emperor in India. The Delhi Durbar was a mass gathering organized by the British in Delhi, India.The Durbar was held in 1877, 1903, and 1911.

Therefore we can conclude that the Durbar of 1877 was an imperial mass assembly to showcase their power in India.

Learn more about British in India here:

brainly.com/question/21804791

Other Questions
Refer to your Expeditions in Reading book for a complete version of this text.Read the excerpt from Run, Kate Shelley, Run.It was nearly eleven oclock when Kate heard Number 11s whistle. Long, shortlong, shortscreaming into the wind. The rumble of the engine grew louder as it crept along the line from Moingona to Boone, checking for washouts on the track. Suddenly Kate heard a crack like thunder, and another and another. With a sound like cannon fire, the Honey Creek trestle bridge, the engine, and four terrified crewmen crashed into the roaring water twenty feet below. Kate pulled on her barn coat and a battered straw hat. Im going, she said. Kates mother gripped her arm. No, Kate. You could be killed in that storm! Kate grabbed Pas railroad lantern. If Pa were out there, Id go, she said. I have to do it, Ma. With shaking hands, she lit the lantern and ran into the downpour and darkness to Honey Creek. What inference can be made based on the details in the excerpt and what the reader has learned so far?The memory of her father gives Kate strength to try to help. The bridge collapses because it is struck by lightning.Kates mother respects her daughters decision to act and is sure she will succeed.The engine falls into the water because the storm has washed away the tracks.PLZ HELPPP The systems in the body are continuously monitoring and adjusting to maintain homeostasis. True False What kind of waves are present during an earthquake? ...What kind of energy does an unlit match have? ...Which of these is another way to write Newton's second law of motion? ...What is it called when light changes direction after leaving a lens? ...How do you calculate density?What kind of waves are present during an earthquake? An economy package of cups has 210 green cups. If the green cups are 10% of the total package, how many cups are in the package? Shards of metal are examples of what type of contamination Question 12 ptsThe area around a charged object where the object can exert a force onother charged objects is an electricfieldchargeinductionforce Which of the following is an example of kinetic energy?A. The energy of moving particles near a fireB. The energy in the nucleus of an atomC. The energy stored in the chemical bonds of fuelD. The energy a hot air balloon has because of its position in the air Delta mathhhh needed!!!!! please help!!!!!!!!!!!!!!!!!!!!!!!! Who was the governor of Texas when the civil war broke out what did the governor think about seceding from the United States A banquet room is being carpeted. A floor plan of the room is shown. The carpet costs $0.50 per millimeter. How much will it cost to carpet the room? Use 3.14 for LaTeX: \pi .Round your answer no the nearest cent. Why would modern times require a new modern approach to theatrical dance What is the difference between being detained and arrested? What may be the most important tool to use for collecting data when conducting an investigation into how thermal energy affects metals? goggles beaker thermometer graduated cylinder For what value of k does the equation 5x 32 = kx + 3 have no solution? A consumer group wants to know if an automobile insurance company with thousands of customers has an average insurance payout for all their customers that is greater than $500 per insurance claim. They know that most customers have zero payouts and a few have substantial payouts. The consumer group collects a random sample of 18 customers and computes a mean payout per claim of $579.80 with a standard deviation of $751.30. Is it appropriate for the consumer group to perform a hypothesis test for the mean payout of all customers How did agricultural development influence the locations of emerging civilizations and the jobs of people who lived there?(please make it sound like a 6th grader) What causes the sinking of water in the northern Atlantic Ocean, which helps to drive the Ocean Conveyor Belt?a.) The high salinity from the south warms and becomes less dense.b.) The high salinity from the south cools and becomes denser.c.) The low salinity from the south gains salt and becomes denser.d.) The low salinity from the south loses salt and becomes less dense. if x=2+3,then find the value of x-1/x Solve the system using linear combinations.5x + y = 19x 2y = 4