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10. who lost money when the stock market crashed? 11. did president coo…

Question

  1. who lost money when the stock market crashed?
  2. did president coolidge believe that the government should interfere in business?

Explanation:

Brief Explanations
  1. For question 10: When the U.S. stock market crashed in 1929, a wide range of people lost money, including individual investors (both wealthy and ordinary people who had invested savings or borrowed to buy stocks), banks that had invested depositors' funds, and businesses that relied on stock market financing or lost consumer demand after the crash.
  2. For question 11: President Calvin Coolidge was a proponent of laissez-faire economics, so he did not believe the government should interfere in business.

Answer:

  1. Individual investors (wealthy and ordinary), banks, and many businesses lost money when the stock market crashed (1929).
  2. No, President Coolidge did not believe the government should interfere in business; he favored laissez-faire policies.