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.
Interesting Facts About the Great Depression
The stock market lost almost 90% of its value between 1929 and 1933.
Around 11,000 banks failed during the Great Depression, leaving many with no savings.
In 1929, unemployment was around 3%. ...
The average family income dropped by 40% during the Great Depression.
On the surface, World War II seems to mark the end of the Great Depression. During the war, more than 12 million Americans were sent into the military, and a similar number toiled in defense-related jobs. Those war jobs seemingly took care of the 17 million unemployed in 1939. ... We merely traded debt for unemployment.
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Answer: The negotiations between the management and the union members of a telecommunications company have been going on for four months. However, both parties are unable to agree on a contract. They now feel that reaching an agreement is not imminent. In this case, the management and the union members have reached <u>an impasse.</u>
Explanation:
An impasse can be given by the lack of clarity in interests, objectives and claims. However, these previous actions of hardness and lack of clarity, can provoke in the opponent the reciprocity in the behaviors, which is achieved, ultimately, an escalation of the conflict and a stagnation very difficult to solve. If an integrative negotiation is desired, both parties must remove that desire to compete and make clear and sincere use of the information.
<u>They can</u>, for example, <em>call a mediator, concentrate the negotiation on the important points, postponing some difficult parts of the agreement to renegotiate them later when more information is available, add options related to the deal, among others.</em>
Answer:
A) When a conclusion necessarily follows from its premises.
Explanation:
Induction is the procedure by which the company helps the newly joined employees to get to know each other and policies and norms of the company swiftly into the job by becoming aware of the people, the firm, the surrounding, the job, and the industry.
It is the procedure of acquainting new employees with the existing culture and practices of the new company.