Faced with financial ruin, some investors actually committed suicide, believing that they would never be able to escape from their debts. This quick and precipitous decline in stocks' value in October 1929 became known as the Stock Market Crash of 1929. This event signaled the beginning of the Great Depression.
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The only people allowed to vote was Wealthy land-owners who were white and male. If you were not all these, you were disqualified. I hope this helps!
Answer: Federalism in the United States is the constitutional division of power between U.S. state governments and the federal government of the United States. Since the founding of the country, and particularly with the end of the American Civil War, power shifted away from the states and toward the national government. The progression of federalism includes dual, state-centered, and new federalism.
Explanation:
An economy that is based on mining or producing raw materials to be used in foreign industries is called an "extractive economy", since it is "extracting" such resources. It can also be called a "resource-based" economy.
