The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
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It was British and Spanish interventions during a series of Latin American revolution from the Bolivarian independence movements in South America to the Mexican War for independence.
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Most of these immigrants were quickly assimilated.
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Why did immigrants come to the United States in the late 1800s and early 1900s?</h2>
The biggest influx of immigrants to America between the years 1870 to 1920 was the result of a number of circumstances that may be considered the ideal spark. The biggest blip on the historical immigration graph is that one.
- Following the northeast's successful manufacture of military supplies during the Civil War, America was just about to embark on its industrial expansion. The industrial revolution in America began as an agrarian economy, but capitalists like JP Morgan and others realized the huge potential for such production of civic goods and commerce with the rest of the globe.
- Because around 720,000 young men lost their lives in the Civil War, there was a significant shortage of the essential workforce.
- It is understandable that the birth rate fell in America after the war, which made the lack of labor force much worse.
- The capitalist understood that in order to staff what at the time were the most basic forms of production, they required a significant supply of labor. In actuality, Frederick W. Taylor's (author of Scientific Management) first research focused on how many shovels of coal a person could move in a given length of time. He learned at that point that men might accomplish more if given time to recuperate. The main focus of this was how to boost output.
- The capitalists and investors, who are constantly motivated by profits, saw that the traditional triad of wealth creation was incomplete despite the even greater usage of equipment. What was significantly lacking in the classic trinity of Capital, Land (resources), and Labor was Labor.
- The romantic sonnet "give me your tired, blah, blah" is exactly that—romantic. It was all about jobs for Europeans who had spent generations working as farm laborers and living in abject poverty.
- An extensive marketing effort was launched and maintained by the entrepreneurs themselves to entice Europeans to work in the mines and factories. When they sent recruiters to Europe, they frequently brought along a former villager who was now serving as an ambassador for the good life in America. In order to transport the immigrants, who would subsequently pay the fare out of their earnings, arrangements were formed with steamship ships.
- Millions of dollars (now, billions) would travel back to immigrants' villages and families to assist them, contributing to the notion that "in America the streets are carpeted with gold." Of sure, the industrialists will be able to attract more cheap labor this time.
- Because the industrialists employed the immigrants' labor, and they in turn got richer than they could have ever imagined imaginable, it developed what I termed a symbiotic relationship. For instance, 68 percent of the workforce in various businesses, including one I'll mention—Carnegie Steel—was made up of immigrants.
- Because there were no government handouts during that historical period, people either worked or they starved or they returned to their nations, everything turned into a really beneficial cycle that generated wealth for everyone. That is to say, the immigrant contributed to and generated riches for America by his labor; unlike now, when men, women, and children receive from American taxpayers.
- As a result, America had a boom in its industrialization and, by the time World War II broke out, had eclipsed Germany, France, and England as the world's leading industrial country. This helped lay the groundwork for capitalism, the benefits of which we continue to enjoy today.
Although the dream of well-paying jobs was the golden door and the promise that they would be paid, unlike in Europe where landlords were in bed with the politicians and the church, the likelihood of receiving a fare wage, or even any payment at all, was highly unlikely, the poverty and political chaos that many had lived under for centuries was undoubtedly a motivating force to escape the situation.
Thank you,
Eddie
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The Reign of Terror, commonly The Terror, was a period of the French Revolution when, following the creation of the First French Republic, a series of massacres and numerous public executions took place in response to revolutionary fervour, anticlerical sentiment, and accusations of treason
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The Middle Kingdom of Egypt (also known as The Period of Reunification) is the period in the history of ancient Egypt following a period of political division known as the First Intermediate Period. The Middle Kingdom lasted from approximately 2040 to 1782 BC, stretching from the reunification of Egypt under the reign of Mentuhotep II in the Eleventh Dynasty to the end of the Twelfth Dynasty. The kings of the Eleventh Dynasty ruled from Thebes and the kings of the Twelfth Dynasty ruled from el-Lisht.
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Another advancement/adjustment that was made during the Middle Kingdom was the sea-faring expeditions. These sea-faring expeditions required thousands of men and careful planning to avoid disruption with Kerma. Irrigation was another important project that took place during the late 12th dynasty.
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