The booming economy led in 1929 to a backlog of business inventories which was three times larger than the year before. As a result a recession began in August 1929, two months before the stock market crash. During this two month period, production declined at an annual rate of
20 percent. This decline resulted in the stock market crash which began October 24, followed by Black Tuesday on October 29. Losses for the month amounted to $16 billion, an astronomical sum in those days.
1932 and 1933 were the worst years of the Great Depression. Industrial stocks lost 80 percent of their value since 1930. 10,000 banks failed , or 40 percent of the 1929 total. GNP fell 31 percent since 1929 and over 13 million Americans lost their jobs between 1929 and 1932. In 1933 unemployment did rise to 24.9 percent.
The desperation of many people and especially veterans from WW I resulted in spectacular events, the most dramatic the so-called Bonus marches in 1932.
Answer:
D.
Explanation:
Some Texan soldiers never crossed the Mississippi River because they had to defend the ports near Texas coast. Texas coast was important site for receiving supplies.
The Texans knew that the port is the most vulnerable area in the war, so they tightened the forces there. The ports were defended by the Texan soldiers who did not crossed the river.
Therefore, option D is correct.
Answer:
Drake
Explanation:
Ferdinand Magellan was the first to sail around the world. Sir Francis Drake, years later, completed the second circumnavigation around the world.
Answer:
Port for Texas during the Civil War
Explanation:
Answer:
hope this helps!
Explanation:
Athenian democracy developed around the 6th century BC in the Greek city-state (known as a polis) of Athens, comprising the city of Athens and the surrounding territory of Attica. Although Athens is the most famous ancient Greek democratic city-state, it was not the only one, nor was it the first; multiple other city-states adopted similar democratic constitutions before Athens.Ober (2015) argues that by the late 4th century BC as many as half of the over one thousand existing Greek city-states might have been democracies.
Athens practiced a political system of legislation and executive bills. Participation was open to adult, male citizens (i.e., not a foreign resident, regardless of how many generations of the family had lived in the city, nor a slave, nor a woman), who "were probably no more than 30 percent of the total adult population".
Solon (in 594 BC), Cleisthenes (in 508–07 BC), and Ephialtes (in 462 BC) contributed to the development of Athenian democracy. Cleisthenes broke up the unlimited power of the nobility by organizing citizens into ten groups based on where they lived, rather than on their wealth. The longest-lasting democratic leader was Pericles. After his death, Athenian democracy was twice briefly interrupted by oligarchic revolutions towards the end of the Peloponnesian War. It was modified somewhat after it was restored under Eucleides; the most detailed accounts of the system are of this fourth-century modification, rather than the Periclean system. Democracy was suppressed by the Macedonians in 322 BC. The Athenian institutions were later revived, but how close they were to a real democracy is debatable.
