Answer:
The Great Depression
Explanation:
The Great Depression was the worst economic downturn in US history. It began in 1929 and did not abate until the end of the 1930s. The stock market crash of October 1929 signaled the beginning of the Great Depression. By 1933, unemployment was at 25 percent and more than 5,000 banks had gone out of business.
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<u>Answer:</u>
Farmers were the first individuals to be hit hard by the stock market crash and the Great Depression.
<u>Explanation:</u>
- The Great Depression and the crash in the stock market made the farmers to be the most affected.
- This phenomenon was the world’s most dramatic economic downturn that affected the world economy very badly, bringing a dark history to the industrialized world.
- As crop prices fell sharply, agricultural and rural areas were impacted very badly, with the fall going to more than 60%.
- As the demand fell drastically, the primary sector industries on which many areas relied upon were the first to be affected.
Answer:
Russia came in and really helped China rebuild. They established a communist state, even though the majority of the public didn’t want that to happen. The people eventually fled to Taiwan.
Explanation:
