The booming economy led in 1929 to a backlog of business inventories which was three times larger than the year before. As a result a recession began in August 1929, two months before the stock market crash. During this two month period, production declined at an annual rate of
20 percent. This decline resulted in the stock market crash which began October 24, followed by Black Tuesday on October 29. Losses for the month amounted to $16 billion, an astronomical sum in those days.
1932 and 1933 were the worst years of the Great Depression. Industrial stocks lost 80 percent of their value since 1930. 10,000 banks failed , or 40 percent of the 1929 total. GNP fell 31 percent since 1929 and over 13 million Americans lost their jobs between 1929 and 1932. In 1933 unemployment did rise to 24.9 percent.
The desperation of many people and especially veterans from WW I resulted in spectacular events, the most dramatic the so-called Bonus marches in 1932.
Humans originated from Africa
D because cowboys ride horses not herds them and second they work on a ranch and I know that because I live on a ranch and herd cows
Answer:
Make sure prices of goods and services are set by supply and demand .
Explanation:
The economies of the United States and other countries, such as Japan, are based on capitalism. ... Decisions regarding investment and the use of the means of production are determined by competing business owners in the marketplace. Production takes place within the process of capital accumulation.
Countries that have a market economy are Mexico, United States, United Kingdom, Germany, and Canada . These countries have a market economy because the prices of goods and services are set by supply and demand .
Answer:
what is your question?
If you help me understand what you need I can help you
