The stock market crash of 1929 – considered the worst economic event in world history – began on Thursday, October 24, 1929, with skittish investors trading a record 12.9 million shares. On October 28, dubbed “Black Monday,” the Dow Jones Industrial Average plunged nearly 13 percent. The market fell another 12 percent the next day, “Black Tuesday.” While the crisis send shock waves across the financial world, there were numerous signs that a stock market crash was coming
George Washington selected the site because of its central location
Explanation:
- Unlike the deeply divided Washington of today, the founding of the US capital in Washington DC in 1790 was based on political compromise.
- Alexander Hamilton and the Northern States wanted the federal government to deal with the state's debts and reached an agreement with Thomas Jefferson and James Madison, who wanted a capital in the South.
- George Washington chose the exact spot on the Potomac River and the rest is history.
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Answer:
The Civil War and Reconstruction period
Explanation:
Answer:
Vasco Da Gama
Explanation:
In 1497 -1998 the Portuguese sailor Vasco Da Gama sailed around Africa and on to the west coast of India. This had tremendous effects, especially in the existing trade routes between Asia and Europe that used Asian land routes and the Mediterranean sea. Venice lost its trade monopoly (the silk road) and the European expansion overseas quickly gained momentum. Within a century the Dutch, the British and the Portuguese established their trade-centers in India (Goa), South East Asia (Malacca) and China (Macao).