There was a recession when Nixon took office. He essentially came in and helped clean up the economy. To answer your question the condition, of the American economy, was poor.
Answer: The Us emerged as a world power
Explanation:
Answer:
On October 24, 1929, as nervous investors began selling overpriced shares en masse, the stock market crash that some had feared happened at last. A record 12.9 million shares were traded that day, known as “Black Thursday.”
Explanation:
<em>The mobs smashed newly invented machines as a form of protest against the insertion of the machines in textile industry. The machines changed the whole process of production and competition in the marketing, the machines speed up the production process in some case 100 times more than what a human would spend to do a job. So the machinery threatens human jobs positions and salaries in the factories. </em>
