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: The three propositions that Feldsman says many people have come to know about Unites States politics are:
1. We are geographically localised in United States Politics
2. Unites States favoritism towards political parties (partisanship) are at their worst.
3. It is for a fact that there is nothing we can do about it.
Feldsmans says the last proposition is wrong .
Explanation:
The incredible mechanism that Feldsman says would help us deal with this things is the Constitution. The Constitution of the United States of America has be designed, formed and written in such a way that it can help us to achieve calmness thereby enabling us to manage disagreement among groups of people as well as helping us to deal with partisanship which is favoritism towards a particular political party.
The United States Constitution is the reason why something can be done about first two propositions.
Huns, Vandals and Visigoth :)
Ed Gein
On July 26, 1984, Ed Gein, a serial killer infamous for skinning human corpses, dies of complications from cancer in a Wisconsin prison at age 77.
By building military bases around the world imperialist hoped to resupply navel vessels
