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.
Answer:
Religious institutions became new centers of learning during the Gupta period.
Explanation:
Gupta era witnessed the revival of Hinduism which was developed certain distinctive features that were integrated into religion at that time. One of the unique characteristics was image worship which was preferred by the means of ritual sacrifices. The old sacrifices became symbolic of the images used in prayer and this led to the reduced use of priests who were prominent in ritual sacrifices. the idealistic nature of Buddhists led to their decline and emergence of Hinduism again. The revival of religion resulted in extensive ideas and inventions in science, technology, engineering, art, dialectics, literature, logic, maths, astronomy, religion, and philosophy.
The answers is letter A.Richard Nixon
I believe the answer to be C. checks and balances