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.
A)The Mexican population pushed them north, to stay further away from the capital.
Answer:
C
Explanation:
the whole reason why they ruled was because they could speak or listen to thier ancestors. that was the main idea in dynastys
Answer:
The fall of Constantinople to the Ottoman Empire in 1453 ended the Byzantine Empire. The last of the imperial Byzantine successor states, the Empire of Trebizond, would be conquered by the Ottomans eight years later in the 1461 siege.
Explanation:
People would retaliate against other abolitionist leaders. Southern states began to form militias, which late became the Army of the Confederacy.
