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.
Option 'B' = changes in climate, had the greatest impact on pre-historic man.
Changes on the weather forced men to move periodically or cyclically, usually returning to their original location at various times. When they moved to colder climates, they would make clothing out of animal skins, to protect themselves. When the nomads learned how to plant, they didn't need to search for other places anymore.
Answer:
Before secession, there were 11 states in the United States of America. This is in the 1860's btw
<em>C. To provide employment through federal deficit spending.</em>
Explanation:
Both the Public Works Administration and the Works Progress Administration were created by President Franklin D. Roosevelt. It was part of the New Deal, which was created in 1933 and was designed to help Americans during the Great Depression.
The Great Depression was an awful time in history, people were losing their jobs, homes, and could not afford basic items. When President Franklin D. Roosevelt was running for office, he would famously say, "<em>I pledge you, I pledge myself, to a new deal for the American people</em>." He wanted to create programs and opportunities for people during the Great Depression, he called the series of programs and projects the New Deal.
Two of the programs that were implemented with the New Deal were the Public Works Administration and the Works Progress Administration. Both of these were designed to give Americans jobs and put money in the hands of the people.
Answer:
Southern United States to the urban Northeast, Midwest and West that occurred between 1916 and 1970. By 1960, of those African Americans still living in the South, half now lived in urban areas, and by 1970, more than 80% of African Americans nationwide lived in cities. In 1991, Nicholas Lemann wrote that
Explanation:
