<span>the ruling class would not willingly give up its power and position in government</span>
Here are a list of factors that contributed to the start of the Great Depression:
1) Stock Market Crash of 1929-This event resulted in hundreds of thousands of Americans losing a significant amount of money. Thousands lost their entire life savings due to poor investments and the rapid drop in price of several different stocks.
2) Buying on credit- American families started to buy items on credit. This meant that they would put a little down and pay off an item over an extended period of time. However, many families did not realize that the interest rate charged on buying these items made them more expensive over time.
3) Bank failures- Banks across the country ran out of money after a series of bad loans and inability to collect currency from these people who they loaned money to.
Answer is B. The answers is B
Answer:
From the end of World War II until the 1990s, Communist advances
(mainly by the Soviet Union) in the world-community had a direct
and profound effect upon American foreign policy.
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Most of the American soldiers had not been paid in months and many of the promised pensions never came.
The American revoluntionary war was fought by a lot of paid militias who were being paid a good salary.
Once the war was coming to a close, these soldiers were not paid on time and many of the injured and veterans never got the pension funds they were promised.
Eventually, this was creating unease among the soldiers. There were even talks of a coup d'etat against the United States Congress. The event is also known as the Newburgh Conspiracy.
George Washington personally stepped in to ensure that the young democracy was derailed. He gave an emotional speech on the importance of the congress and eventually reached a settlement where paid some of the unsettled salaries and instead of offering half-pay pensions, settled on paying full salary for 5 years.
