<h3>Stock market is a very significant determiner of American economy.</h3>
Explanation:
The fall of stock market on 29 October, 1929 played a massive role in emergence of the Great Depression. On this particular day, also known as Black Tuesday, investors traded 16 million shares as share prices completely collapsed in the New York Stock Exchange.
This sudden trade in a single day led to the loss of huge sums of money and removed thousands of investors from the Wall Street.
As a result, the economy started to collapse as businessmen and companies could no longer generate income and employment due to lack of investments.
Prices of goods plummeted, unemployment increased and fall of banks eventually followed one after the other.
It shows that stock market is a very significant determiner of American economy. With the fall of the stock market to almost 20% of its original value, the American economy started to collapse too. Thus, gradually attributing to the Great Depression of 1930s.
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Affect-based trust is the type of trust that is heavily dependent on the emotional feelings of an individual towards the other individual. This type of trust is based upon the personality or character traits of the individual rather than logical reasoning. The affect-based trust is built on the social emotional bond that goes beyond the work or professional relationship between the partners.