It could be stated some of this was due to the start of the 2nd world war, but one of the bigger parts would be the smuggling of alcohol on the black market and the large amount of different religions, currently flooding in in such a large wave.
Financial experts warned the public the the American Economy is slowing down. With this warning in mind, investors started selling their shares in large numbers in September 1929. By 24th October 1929, 12.8 million shares were sold and another 16 million shares were sold at a very low price on 29th October 1929. The panic selling of shares lead to the collapse of the stock market in New York.
The aftermath of the wall street crash was very disastrous. Investors lost their money and was not able to pay off their debts. Many banks closed, leaving their depositors with no money nor hope for the future. Ordinary people lost their means to buy foods and other basic needs like shelter and clothes. Companies have to downsize resulting to firing of redundant workers and lowering the wages of the remaining workers. Unemployment rose to very high level.
The Wall Street Crash led to the beginning of the Great Depression in the 1930s.
The Puritans were a protestant movement in the 16th and 17th century. Their goal was a purification of the churches of England from the Catholic practice it followed.
Answer:d
Explanation:CAUSE IM SMART
