Financial experts warned the public the the American Economy is slowing down. With this warning in mind, investors started selling their shares in large numbers in September 1929. By 24th October 1929, 12.8 million shares were sold and another 16 million shares were sold at a very low price on 29th October 1929. The panic selling of shares lead to the collapse of the stock market in New York.
The aftermath of the wall street crash was very disastrous. Investors lost their money and was not able to pay off their debts. Many banks closed, leaving their depositors with no money nor hope for the future. Ordinary people lost their means to buy foods and other basic needs like shelter and clothes. Companies have to downsize resulting to firing of redundant workers and lowering the wages of the remaining workers. Unemployment rose to very high level.
The Wall Street Crash led to the beginning of the Great Depression in the 1930s.
Cortes was able to defeat the Aztecs because of his warfare and the skills that they were able to improve back when they defeated the Moores
The Cash and Carry Policy was all of the items purchased had to be paid with cash and then shipped from the United States on the buyers on personal ships. President Roosevelt got around the cash and carry requirement when Britain couldn't meet the terms anymore by creating the "Land-Lease Act." This allowed the United States to lend or lease arms to any country that was considered a vital asset to the defense of the United States.
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It created a set of religious laws and beliefs for the people to follow. Explanation: The Ten Commandments to the ancient Hebrews represented directions that became the based on how they were supposed to live and behave with other people in a way that was acceptable to God.
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The meaning of zero is that she got zero points, and lost zero points.
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