One cause of the Great Depression was ____, when prices of goods rose at a higher rate than wages.?
402219
inflation is the correct answer.....here's an explanation...the stock market crashed....what does that mean?  here goes:\n\nlet's say that you have a factory making widgets (a fictional device).  you sell shares on the stock market to make money so that you can make many widgets and sell them for a profit.  you start selling the shares for $10 a share.\n\na person with a reputation for knowing what is going to be hot in the stock market is your best friend and says, "hey...i am going to buy some stock in your widgets...when everyone else hears that i have done this, they will also buy stock in widgets and your stock prices will soar!"\n\nso thousands of people buy stock in widgets and the more people buy the higher the price of the stock gets.  pretty soon it costs $90 a share to buy widgets.\n\nthe problem?  after you manufacture 50,000 widgets you find out that nobody really needs or wants to buy them...so you have thousands of people who have paid up to $90 a share for a part of your widget factory but you have ZERO dollars to give back to them...they all lose all the money that they put into your widget factory and there's not a damn thing they can do to get their money back from you.\n\nthis happened on a HUGE scale in the 1920s...people had flooded the stock market and were under the impression they were making money when they were not. then the bubble burst, everyone tried to get their money back and everyone learned their was no money to be gotten back....thousands of big time stock matket players lost FORTUNES.  people killed themselves etc.  it was, generally, a mess.\n\npeople had invested their life savings in stocks but not enough people were making money to buy things....so everything just plain CRASHED!\n\nfranklin roosevelt helped save the US economy by creating programs that put money in everyone's pocket so that they could buy things and so that manufacturers could make things and sell them again.
1169078
the market price for such products are higher  \nthe way in which they are produced involves less intensive use of land, \nthe attainment of a better balance between supply of, and demand for, agriculture products, \nbetter protection of the environment.
419058
The great depression was different.......the reason people lost their homes was because banks called entire loans due......for example..you had a mortgage for $2,000 and the bank would send you a letter saying you had 30 days to pay your entire mortgage balance...thank you\n\nBanks cant do that today....we have laws that prevent them from calling mortgages due like that.
367823
To simply put it, as inflation goes up so does interest rates and prices of cars. It will be harder for people to buy a car and if less people buy cars then factories need less workers so they layoff autoworkers.
33496
Yes, there were cars during the Depression. Cars continued to be manufactured in those years as well.\n\n(The Great Depression occurred in the 1930s. The Edsel was introduced in 1959).
75143
idea 1: inflation has an "invisible hand" to control it...ie when inflation devalues the american dollar to a certain point; people spend substatially less money on luxuries, and luxury item companies react and make their product more affordable...which is reflected in a sort of ratio of cost between necessities and luxuries and whatever falls inbetween...  now idea 2: we, as a nation, expect unemployment.  we have a certain, budgeted amount of money set aside to compensate for that.  Now lets assume two things...1 - that idea 1 is true and that idea 2 is true.  2 - that in the instance that this original question is posed, neither inflation nor unemployment is so out of control that it is causing "economic anarchy"  Assuming all of this... it would make it more important to control inflation because it is not prepared for in the same way that unemployment is...plus (as a side note, and you thought i was done...) inflation causes each dollar to be worth less money...therefore, theorhetically, people are recieving smaller paychecks...and it leads some to get secondary (or even tertiary) jobs or to work additional hours, which begins to take up hours that are availible from employers...and when companies move less product, they have less hours of work to provide to those that work for them....think about it...
1015453
I'm sure you could probably find it on wikipedia.com or something.\n\nBut to 4A:\n\nThe Great Depression resulted in a more secure way to organize the U.;S. economy in the furture.  Like they have to check to make sure stocks are worth what they are selling for or something like that.  People would get all of their money back if there was another depression instead of totally losing it all.
152394
the main cause of inflation is the government increasing the supply of money. But it is a little more complicated than that.  When the price of oil increases, the costs of everything that depend on oil also increase, for example. That then causes an increase in prices charged to workers. Workers then demand increased wages to maintain their standard of living. Employers give them higher wages without too much fuss because they know that they can pass the increased costs on to consumers.  The government facilitates all of this by printing more money. The government loves inflation because they borrow a lot of money at fixed interest rates. If they can cause the value of the dollar, peso, pound, euro, or whatever to decline they do not have to pay back all of what they borrowed. A neat trick and used successfully by all governments. Inflation also increases tax revenue.  If a person buys a share of stock for $100 and ten years later sells it for $200, he has to pay taxes on $100.  But if the inflaction rate is 4%, he actually made only $52. So the government makes out like a bandit again. The same goes for all borrowers.  \n\nOn the other hand those who lend money are loosers. Consequently, inflation tends to dry up the sources of capital. It is better to spend your money than to save it. Hence, that is why people have not been saving money since 1999, because Greenspan reduced the interest rate to 0. People are not as stupid as the government is.
575908
Because the natural resource of copper as well as all other\nmetals are rising too.\n\nThe natural resources like copper, gold, and silver are rising because its consumption is rising. The cause of the rising consumption and prices is because asian countries\nare building at a (China and India) phenomenal rate.\n\nBack to the rule of supply and demand. Growth countries are consuming more, faster than you can dig the metal out of the ground.
405401
Well, I put "historical prices" into a search engine and got plenty.  There's one at the link below?\n\nAre you interested in particular countries or time periods?  Or particular commodities?
145786
that assumes that the cost of your inventory or manufactured goods is rising. if it were falling then the answer would be the opposite.
202430
Consumer Products prcies go up due to rise in inflation. Inflation is due to imbalance in demand and supply of factors of productions. Then the factors of production are insufficient to satisfy the demand then the prices starts rising as the functional result of demand law. High demand low supply rises the price. \n\nOn increase in prices all the consumer products are prices high to cover the cost of factor of production.
240307
The stock market crash in late 1929 was widely believed to have sparked the Great Depression. The US stock market was a bubble in 1928-29 with overvalued stocks. On October 19, 1929, the Dow Jones average lost 500 points in one day. \n\nFurther, some of the nation's banks failed to maintain adequate reserves while investing in the stock market or lending money to clients who were. By 1932, stocks had declined by 80 per cent. Companies could no longer obtain finance to maintain new investment and consumers cut back spending due to declining incomes. One third of US households had been seriously affected with many breadwinners losing their jobs. \n\nSource(s):\n\nWikipedia Causes of the Great Depression\nhttp://en.wikipedia.org/wiki/causes_of_t...\nWikipedia Great Depression\nhttp://en.wikipedia.org/wiki/great_depre...\nThe Crash of 1929\nhttp://www.btinternet.com/~dreklind/thec...
1168888
Falling prices.\n\nYou just have to be careful not to get hit by falling merchandise though.
503501
Assuming that the matter concerned remains the same (e.g. a coke), inflation essentially means that its price has increased over time (e.g. from $1 to $1.25). It can be caused by deflation of currency (e.g. Brazil), economy growth (price driven up when demand > supply) etc.\n\nThe impact of inflation to economy is immense and is hard to be explained in this forum. Suffice to say is that it is an indicator closely monitored by most governments.
766521
It is impossible to disagree with this analysis.  Just look at the economy under Carter in the 1970s.  When the top tax rate was at 70%, we had rampant inflation, high interest rates, and record unemployment.  All of this was a direct result of the out-of-control tax hike.  Businesses, having to pay exhorbitant taxes, passed this expense on to the consumer causing high inflation and thus lowering the value of the dollar.  The fed raised interest rates to slow the inflation, causing home ownership to be out of reach for more Americans.  Businesses could not afford to hire more employees because the money that they would have paid them with was going to the government in taxes.
989264
I was not around then but definitely studied history and this comes to mind:\n\nPresident H. Hoover, 1932 - government loans to banks.  End of November 1,493 banks have suspended operations.  \n\nIt already started crashing from the America's economy in the 1920's to a sudden end in Oct 1929 - before the Wall Street Crash.   Then America started facing economical crisis that even impacted other coutries including Germany, a country that built up their economy on American loans.  Then the wealth from the 20's was dissapearing fast.\n\nThe rich lost money on Wall Street crash. The rest of Americans could not afford to lose any money then. Afterwards, noone had money to invest nor to buy comsumer products. \n\nThere was not shopping of any kind, and stores, factories, farmers, restaurants, industries, had no reason to employ people who were making products that were not being sold. \n\nUnemployment reigned. The depression took a while to get going but by the winter of 1932, it reached his top.\n\nAt the time there where: 12 million people out of work, 12,000 people being made unemployed every day, 20,000 companies had gone bankrupt, 1616 banks had gone bankrupt, 1 farmer in 20 evicted, and sadly, 23,000 people committed suicide in one year - the highest ever in the history of the US.\n\nIn addition: we had many social problem which, in spite of being such rich country we continue to have.  They were and still are:\n\nUnemployment and poverty \nBreakdown of families\nSoaring high school dropout rates (2 to 4 million)\nHomelessness\nOrganized protests\n\nAt the time, the American people  laid the blame on:\n"Three B's" then responsible for the Wall Street Crash and the Depression:\n\nThe "Bankers"\nThe "Brokers"\nThe "Businessmen"\n\nI am not sure this answer your question but that what I thought of as soon as I saw your date onthe screen!\n\nBye....