Much of modern Indian culture can be traced to Vedic civilization.
<u>Explanation:</u>
Vedic civilization is the earliest civilization in the history of India which was of the ancient times. The literature and the art of this civilization influences the people of today's time also.
This civilization which developed during the ancient times near the river saraswarti now has two states of modern India which are Punjab and Haryana. Even in today's time, a lot of knowledge is taken by the people from the vedas which were written during the time of vedic civilization.
The booming economy led in 1929 to a backlog of business inventories which was three times larger than the year before. As a result a recession began in August 1929, two months before the stock market crash. During this two month period, production declined at an annual rate of
20 percent. This decline resulted in the stock market crash which began October 24, followed by Black Tuesday on October 29. Losses for the month amounted to $16 billion, an astronomical sum in those days.
1932 and 1933 were the worst years of the Great Depression. Industrial stocks lost 80 percent of their value since 1930. 10,000 banks failed , or 40 percent of the 1929 total. GNP fell 31 percent since 1929 and over 13 million Americans lost their jobs between 1929 and 1932. In 1933 unemployment did rise to 24.9 percent.
The desperation of many people and especially veterans from WW I resulted in spectacular events, the most dramatic the so-called Bonus marches in 1932.
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Hundred Days' Reform. The Hundred Days' Reform was a failed 103-day national, cultural, political, and educational reform movement from 11 June to 22 September 1898 in late Qing dynasty China. It was undertaken by the young Guangxu Emperor and his reform-minded supporters.
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