There are several economic indicators that describe the process of generally declining prices, but in general GDP is a good indicator. Also inflation.
Answer: True
Explanation: The Wall Street Crash of 1929 was a major stock market crash that occurred in 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It remains the most devastating stock market crash in the history of the United States, considering how long it lasted and the full extent of its aftereffects.
Agricultural production was booming and there were good harvests in 1928 that had built up a mass of about 250 million bushels of wheat when 1929 opened. By May of the same year, there was also a winter-wheat crop of 560 million bushels ready for harvest in the Mississippi Valley. This oversupply caused a drop in wheat prices so heavy that the net incomes of the farming population from wheat were a cause for despair. This was one of the major causes of the 1929 market crash.
In October 1973, it broke out the Fourth Arab-Israeli War, best known as the "Yom Kippur War" because the Arab countries enemy of Israel took advantage of the Yom Kippur ("Day of Expiation") holiday to launch a triple offensive against Israel. When the war seemed to go well for the Arabs because of the destruction of large numbers or Israeli warplanes, the U.S. resupplied the Israelis and made their losses good turning the outcome of the war to their favor.
The U.S. support of the Israelis in the Yom Kippur War infuriated the Arab oil producing countries who announced an oil embargo against the U.S. The price of crude oil went from 3 dollars per barrel to 12 dollars by the beginning of 1974. Since U.S. people were traditionally used to large cars consuming a lot of gas, since gas had always been cheap, a shortage of gas across the country quickly set in, An unexpected consequence of this gas shortage in the U.S., fuel-efficient cars of Japanese make began to become popular in the U.S., and it also forced the U.S. car industry to design smaller cars and fuel-efficient engines to compete with the Japanese car industry.
For muslims jerusalem is a site of key events in the life of jesus and other important figures
