The Great Depression was a period of unprecedented decline in economic activity. It is generally agreed to have occurred between 1929 and 1939. Although parts of the economy had begun to recover by 1936, high unemployment persisted until the Second World War.
<span>The 1920s witnessed an economic boom in the US (typified by Ford Motor cars, which made a car within the grasp of ordinary workers for the first time). Industrial output expanded very rapidly. Sales were often promoted through buying on credit. However, by early 1929, the steam had gone out of the economy and output was beginning to fall.The stock market had boomed to record levels. Price to earning ratios were above historical averages.The US Agricultural sector had been in recession for many more years<span>The UK economy had been experiencing deflation and high unemployment for much of the 1920s. This was mainly due to the cost of the first world war and attempting to rejoin the Gold standard at a pre world war 1 rate. This meant Sterling was overvalued causing lower exports and slower growth. The US tried to help the UK stay in the gold standard. That meant inflating the US economy, which contributed to the credit boom of the 1920s.
</span></span>During September and October a few firms posted disappointing results causing share prices to fall. On October 28th (Black Monday), the decline in prices turned into a crash has share prices fell 13%. Panic spread throughout the stock exchange as people sought to unload their shares. On Tuesday there was another collapse in prices known as 'Black Tuesday'. Although shares recovered a little in 1930, confidence had evaporated and problems spread to the rest of the financial system. Share prices would fall even more in 1932 as the depression deepened. By 1932, The stock market fell 89% from its September 1929 peak. It was at a level not seen since the nineteenth century.
<span>Falling share prices caused a collapse in confidence and consumer wealth. Spending fell and the decline in confidence precipitated a desire for savers to withdraw money from their banks.</span>
Answer:
War and losing allies
Explanation:
Although taking over more land may be better, these countries being taken over or turned democratic may result in that country waging war. also other allies of the acting party may also leave because those allies don't want anything to do with other countries purely trying to protect themselves. a good example of this is us Americans. *he he.
So if you go around the world and talk about america around business owners and politicians, they'll be likely to shun you for it, because we are likely to police the world in any way we can trying to eliminate communism. This results in few allies and many enemies. Hope this helps.
Answer:they could only use white people churches or the churches the had were in bad shape
Explanation:
They needed to form a new church because the white slave churches supported slavery
Answer:
They want Arab countries to reject Western values and punish America for supporting Israel
Explanation:
The Islamic extremists have been in constant conflict with the USA for quite some time now. The main reasons for this is that they want to stop any Western values from reaching and influencing their societies, and also to punish America for its support for Israel. Israel is seem as the main enemy and it is the most hated country by pretty much all Muslim nations, especially the ones from the Middle East and North Africa, so the American support for this nation is seen as support for their biggest enemy. Because of this, there has been thousands of terrorist attacks, as well as wars that lasted for years, and the majority of the people that suffered on both sides were of course the innocent people that have nothing to do with it.
