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.
Answer: Japanese air-raid on Pearl Harbor (Japanese did not declare war to the U.S.A, so it was absolutely unexpected). December 1941.
Explanation:
Answer
"Although it was largely reported that Hitler "snubbed" Owens for upstaging his prized Aryan athletes, in reality, he responded to a request to treat the winners equally and declined to publicly congratulate anyone after the first day of competition. Other reports indicated that the Fuhrer did salute Owens from afar, possibly influenced by the adoring reception the athlete received from fans."
Explanation:
Barack Obama's first summer job was at Baskin Robbins
