Due to the fall in the stock market, there has been a decrease in consumer spending and investments. This was caused by a steep decline in industrial production and a rise in unemployment due to failed companies that fired their workers. After the fall in the first 10 months of 1930, 744 banks collapsed - 10 times more. In all, 9,000 banks collapsed during the decade of the 1930s. It is estimated that 4,000 banks failed only during one year in 1933. Until 1933, depositors lost $ 140 billion due to the failure of banks. This is too simplified to find out the decline in stock trading as a unique cause of the Great Depression. However, in 1932, when the country collapsed in the depths of the Great Depression and about 15 million people (more than 20% of the American population at that time) was unemployed.
This drawing by Jacques-Louis David from the french revolution depicts at least one key moment showing the Tennis court oath.
One of the key moments in the French Revolution, the Tennis Court Oath at Versailles, is depicted in Jacques-Louis David's unfinished painting titled The Tennis Court Oath, which was created between 1790 and 1794. It was David's way of honoring the crucial Tennis Court Oath, in which the Third Estate, or the common people of France's Ancien Régime, stood defiantly against the First and Second Estates, the clergy and nobility, in the midst of the French Revolution.
They swore to remain united until a new French constitution had been adopted by taking the famous Tennis Court Oath here in these humble surroundings.
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The correct answer to this open question is the following.
Although there are no options either context or references, we can comment on the following.
Here you are probably talking about the Three-fifth Compromise, an agreement reached by the delegates that participated in the Constitutional Convention of 1787 in Philadelphia, Pennsylvania, to create the new Constitution of the United States.
Delegates from large and small states in the North and South reached an agreement during the works during the Convention. The proposal was made by delegate James Wilson.
Delegates agreed on the way slaves should be counted to determine the real population in the states. This was an important agreement because, in the end, this would the number of seats that each state would have in the lower chamber of Congress or the House of Representatives, and the number of taxes each state had to pay.
Finally, after many debates, the compromise was that they were going to count three-fifths of the state population of slaves toward the total population of the state. This allowed states from the South to have third more legislators in Congress and electoral because, in the beginning, slaves had been ignored.
