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julia-pushkina [17]
3 years ago
7

Why did stock prices drop so quickly in 1929?

History
2 answers:
serg [7]3 years ago
4 0
<span>The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce.</span>
Pachacha [2.7K]3 years ago
4 0
Crowd gathering on Wall Street after the 1929 crash.

The Wall Street Crash of 1929, also known as Black Tuesday (October 29), the Great Crash, or the Stock Market Crash of 1929, began on October 24, 1929 ("Black Thursday"), and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its after effects. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the 12-year Great Depression that affected all Western industrialized countries.

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What changes did industrialization bring about for poor city dwellers
Alexus [3.1K]

Answer:they got jobs and pay

Explanation:

many unemployed people got jobs form the industry

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2 years ago
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Answer:

C. autocracy

Explanation:

The most common form of government from ancient times to the early part of the 20th century was monarchy, or rule by a hereditary king or queen. making autocracy the answer because it is defined as a system of government by one person with absolute power.

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3 years ago
Which American political party experienced a surge in membership because of growing labor unrest and high unemployment rates in
jarptica [38.1K]

The 1930’s is the time where Great Depression took place. In that time, stock market crashed, unemployment went to the top, banks raced to liquidate loans to cough up cash to sustain bank runs, and many banks closed. It resulted to economic hardship to people in rural and city areas, most especially among agricultural and factory workers. Huge numbers of people lost their jobs, while those who still have jobs face very uncertain future. The Communist Party USA have attractive platforms like more power for workers and for the common man. Therefore, membership of the Communist Party USA swelled to about 55,000 in the 1930s. 

8 0
3 years ago
Bacon's Rebellion was largely due to a A. conflict between the aristocrats and frontiersmen in Virginia. B. conflict between the
murzikaleks [220]

Answer:

<u> conflict between Native Americans and English in Virginia.</u>

Explanation:

The constant attacks of Native American tribes in Virginia in 1676 provoked the reaction of the colonists, led by Bacon. They attacked the main defense site of the Indians and killed about one hundred  and fifty of them. When the colonial authorities opposed this and arrested Bacon, an uprising broke out. After Bacon was liberated, some 400 uprisings marched with him, insisting that they had the right to defend themselves against the Indians.

Although an agreement was made, Bacon's rebellion was suffocated by the authorities.

6 0
3 years ago
Read 2 more answers
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OLga [1]

Answer: с.  Marbury v. Madison

Explanation:

In this case, President Jefferson instructed James Madison, who was his Secretary of State at the point, to refuse to deliver commissions to several judges that President John Adams had appointed before he left to frustrate Jefferson.

This case is responsible for establishing the concept of ''Judicial Review'' in the United States as it found that the U.S. Constitution was the Supreme law and that courts could strike down legislature that went against it.

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3 years ago
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