Financial experts warned the public the the American Economy is slowing down. With this warning in mind, investors started selling their shares in large numbers in September 1929. By 24th October 1929, 12.8 million shares were sold and another 16 million shares were sold at a very low price on 29th October 1929. The panic selling of shares lead to the collapse of the stock market in New York.
The aftermath of the wall street crash was very disastrous. Investors lost their money and was not able to pay off their debts. Many banks closed, leaving their depositors with no money nor hope for the future. Ordinary people lost their means to buy foods and other basic needs like shelter and clothes. Companies have to downsize resulting to firing of redundant workers and lowering the wages of the remaining workers. Unemployment rose to very high level.
The Wall Street Crash led to the beginning of the Great Depression in the 1930s.
Answer:
D) a reduction in 95% of tariffs between South Korea and the United States
Explanation:
Although it was signed in 2007, it entered into force on March 15, 2012. Since 2016, 95% of all industrial and consumer goods enter the territory of the two countries free of duty. The rest is expected to be eliminated in the next 10 years after that date.
U.S. goods and services trade with Korea totaled an estimated $165.4 billion in 2018.
The more allies Rome had the more territory it could have under its control. Also the other places bring new cultures into Rome so that it could grow in that aspect as well.
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