It was the Farmers who were the first ones to experience the early depression in the 1920s.
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<u>The Great Depression is considered the worst economic shutdown in the history of the United States. This economic decline started in the year 1929 and went on to the later stages of the 1930s.</u> The Crash of the Stock Market was the reason which brought this great depression. By the year 1933, there were around 25% of people in the United States were unemployed and the majority of banks in the United States went out of Business.
<u>It was the farmers who were the most affected by this economic shutdown caused by the Great depression</u>. Prices of their crops were falling year after year and states of Texas, Oklahoma and Kansas suffered severe drought which also caused dust storms. In the initial stages of the 1930s, the majority of farmers went bankrupt and because of that, they were not able to pay their loans and lost their farms. Corns that were grown by farmers became so cheap that instead of coal, people started burning corn to make their food. <u>Many farmers even formed farmers Union but all went in vain as it did not have any effect on Prices</u>.
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1. What was the impact of political and legal ideas contained in Justinian's code?
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2. How did Gertrude stein influence the career of Pablo Picasso in Paris at the start of the twentieth century?
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Answer details:
Grade – High School
Subject – History
Chapter – Early depression
Keywords –Economical depression, Great Depression, The United States, Farmers, Crops, Corns, Coal, Texas, Oklahoma, Kansas.
It exposed the fact that the Articles of Confederation did not have much military power. Shay's Rebellion would not have been as terrible if the Articles simply summoned an army to stop it, but they did not because of their lack of authority. Instead, local militias had to step in and stop the rebellion. This would lead to the US Constitution being allowed to summon the military in the situation of combat.
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recruitment and supply of native military allies; regulation of trade and diplomacy; and protection of native peoples' territorial integrity through negotiated settlement boundary lines.
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This economic change forced a shift in the social structure, splitting up the once united white southerners and adding class to the characteristics that both defined and divided society. At the heart of the new Southern industry was the reliance on one crop, King Cotton, and the collapse of the plantation system.
