Answer:
People sold off bank stocks, making them worthless.
Explanation:
The Stock Market Crash of 1929 caused a series of bank runs which destroyed the people's trust in the banking system. It began as a rumor that the banks were unable to pay cash which then transcended to panic among customers causing them to withdraw their funds en masse. They also spent little thus causing a stagnant economy. People withdrew their cash from the banks thus causing the solvency of many banks.
Banks in turn liquidated their loans and sold their assets at very low costs.
The fleet improvements that they made were <span>Ticonderoga-class cruisers and Los Angeles-class submarine
</span> Ticonderoga-class cruisers is a guided missile cruiser that has increased capability with aegis combat system and Los Angeles-class submarine is a type of attack submarine that is powered by nuclear.
Answer: C) Gamal Abdel Nasser
Answer: Republican nominee Ronald Reagan defeated incumbent Democratic president Jimmy Carter in a landslide victory. This was the second successive election in which the incumbent president was defeated, after Carter himself defeated Gerald Ford four years earlier in 1976.
Explanation:
Answer:
Rise of New Industries
Explanation:
Factory life changed the economic structure of society. Central Canada's industrial advance was especially rapid between 1896 and 1914, when the nation experienced investment and export booms. After 1900, a few industries such as carriage-making and blacksmithing declined.
