Fun fact Hitler was an artist he wasn’t that bad honestly this boy was fresh with it but then they rejected him and then he became a killer cosas sad
This was known as the Freedom summer
It was an initiative to get as many African-Americans to vote as possible in the elections in Mississippi. The initiative was organized because they had historically been segregated and were not allowed to vote through various means even when they did have constitutional rights to do so, ever since the civil war.
The author included the information about 1920 and 1925 because that was the time the U.S economy expanded rapidly, The Roaring Twenties. Until 1925 there wasn’t legal requirement to separate the operations of commercial and investment banks, the investment banking was consisted of <em>JP Morgan & Co, Kuhn, Loeb & Co, Brown Brothers and Kindder, Peabody & Co</em>. Their funds could be used to fund the underwriting business of the investment baking side.
In 1929 everyone was putting their savings into stocks, not only the wealth part but the poor part too and because of that the stock market reached the peak in August 1929. But than the production declined causing unemployment and with that the stock prices were much higher than their actual value. The economy was struggling, the debt was rising and the banks had and excess of large loans that couldn’t be liquidated.
In the 1930s over 9,000 banks failed because people didn’t trusted them to put their saving. The Great Depression the official unemployment rate was 25% and the stock marked declined 75% since 1929. But in 1933 now with Rooselvet’s administration he took immediate action about the economic woes first announcing that all banks would close, Bank Holiday. The Congress would pass reform legislation and reopen the banks. In “<em>first 100 days</em>” Roosevelt’s administration stabilized the industrial and agricultural production and created jobs and also created the Federal Deposit Insurance Corporation (FDIC) to protect depositors’ accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent what happened in 1929.
The big change between the crises in the 20s and 30s were all about who was in charge, President Hebert Hoover didn’t take much lead about the crises but Roosevelt did.
The author characterize the response of the White Planters by not supporting the event.
<h3>What is White Planters?</h3>
White Planters were the social class of the United States who were socio-economic caste that were in huge number around 17th and 18th century.They were found in the agricultural markets through the slavery of African Americans.
Allen D. Candler makes every justification imaginable for the lynching of Sam Hose by the white planters, he does not truly support it.
He portrays the lynch mob as a group of guys whose patience had run out in the wake of a brutal murder.
Learn more about White Planters here:
brainly.com/question/14017448
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