Great Depression was mostly experienced by most of the countries in the period of 1930. It had demoralizing effects on the economy by dropping levels of the Gross Domestic Product. The personal income, tax revenue had hit the lowest level in the nation.
Giving Over extension of loans by the banks in order to cope the depression was the erroneous federal policy at the time of depression. It also resulted in various other impacts such as people were unable to pay off the loans. This financial disruption made the banks to close.
This led to stocking of money by the people that resulted in the stagnation of the money flow and the loss of confidence to lend and borrow money. This also reduced the value of money causing disequilibrium in the economy.
The French Revolution and the American Revolution were almost direct results of Enlightenment thinking. The idea that society is a social contract between the government and the governed stemmed from the Enlightenment as well
Answer:
If President Lincoln hadn't been assassinated, I believe that Reconstruction and the post-war era would have been more historically positive and ambitious. I think Lincoln would have achieved more things politically and socially for America, and would have done more to fight against many injustices in this country. Andrew Johnson did not have a positive presidency, says his impeachment. Lincoln had plans, but Andrew Johnson created policies and actions that went against the Republican Party and angered many, like his pardoning of Southerners. Lincoln would have continued to be a great figure for his party and I believe would have provided more as leadership than Johnson. If he was not assassinated, I believe that Lincoln would have continued his legacy and his fight for justice in America.
it affected the world because it was a disaster
