The depression was caused by a number of serious weaknesses in the economy. ... America's "Great Depression" began with the dramatic crash of the stock market on "Black Thursday", October 24, 1929 when 16 million shares of stock were quickly sold by panicking investors who had lost faith in the American economy.
The bicycle craze that had taken over Europe in the 19th century contributed to the rise of the automobile.Several components that eventually played a key role in the development
of the automobile were initially invented for use in the bicycle. these were ball bearings, pneumatic tires, chain-driven sprockets and tension-spoked wheel.
Some of the long term effects of the black dath was that
- It brought about a decrease in population
- It brought about a fall in trade
- It led to a reduction in the amount of labor available
- It brought about economic collapse.
<h3>What was the black death?</h3>
The black death was the name of the serious bubonic death and plague that was known to have struck both Asia and Europe at the time.
The disease was said to have originated from Asia. It led to the death of a lot of people in the society. People were said to have died in their thousands on a daily basis.
Some of the long term effects of the black dath was that
- It brought about a decrease in population
- It brought about a fall in trade
- It led to a reduction in the amount of labor available
- It brought about economic collapse.
Read more on the black death here
brainly.com/question/954651
#SPJ1
