Race is the answer to your question
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>
There are all kinds of stories of hostilities between early American colonists and the Native people who were already there. However, these hostilities did not occur with every European group who came. The French are a notable exception to this, and in fact, enjoyed excellent relations with the Natives almost from the very beginning.
Why were the French different? The main reason is that they did not try to change the Natives. They also did not compete with the Natives for land. When the French first came to the Americas in the 1530s and 1540s to engage in seasonal fur trading, they immediately established strong trading ties with the local Natives they found there. The Natives already dealt extensively in furs.
Answer: Slaves could not bring a civil suit to the supreme court because the Supreme Court says that blacks cannot be citizens and that Congress has no power to outlaw slavery in any territory.
Explanation:
Hey Rich!
The Britain felt that they were superior to all other countries. France wanted what the British had and Germany wanted what the French had. This provoked fierce competition and each country worked to build up the strongest military. This led to an arms race between these three powers. Both Germany's and France's armies doubled in size between 1870 and 1914. The increase of military and naval rivalry led to the belief that a war was coming. Germany felt that through war, they could become a world power. As a result of the arms race, European powers were fully prepared for war when 1814 arrived.
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