An amendment, passed by the U.S. Congress in 1914, meant to further promote competition in U.S. businesses and discourage the formation of monopolies. This act prohibited price discrimination, price fixing, and exclusive sales contracts. The act also legalized peaceful strikes and boycotts against companies.
Read more: http://www.businessdictionary.com/definition/Clayton-Antitrust-Act.html
In the poem "Garden of My Childhood, the author’s childhood garden is a metaphor for his home country, China. With great sorrow, Chang has to leave the garden of his childhood, that is to say, China, and flee to another country (America). Therefore, the central team of the poem is exile, and Chang’s feelings about leaving his home and his new life.
1. The Treaty of Versailles
The Treaty of Versailles forced Germany to pay for all of the damage they caused, which was more than they could afford at the time, thus causing them to print more money and cause hyperinflation, leading to the rise of Hitler in the country's economic depression.
2. Rise of Communism
The Russian revolution happened a little while later, when Lenin rose to power and essentially forced communism onto Russia, which made then become the Soviet Union and leave the Allied Powers when WWII came around.
3. De-glorification of Warfare
Trench warfare was introduced during this time, as well as poison gas, which sharply turned war from a noble, honorable event into a disgusting and horrendous zone of terror. Bodies littered carelessly throughout trenches desensitized people to death and war, and war became less of an honor and more of a terror.
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It was the Farmers who were the first ones to experience the early depression in the 1920s.
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<u>The Great Depression is considered the worst economic shutdown in the history of the United States. This economic decline started in the year 1929 and went on to the later stages of the 1930s.</u> The Crash of the Stock Market was the reason which brought this great depression. By the year 1933, there were around 25% of people in the United States were unemployed and the majority of banks in the United States went out of Business.
<u>It was the farmers who were the most affected by this economic shutdown caused by the Great depression</u>. Prices of their crops were falling year after year and states of Texas, Oklahoma and Kansas suffered severe drought which also caused dust storms. In the initial stages of the 1930s, the majority of farmers went bankrupt and because of that, they were not able to pay their loans and lost their farms. Corns that were grown by farmers became so cheap that instead of coal, people started burning corn to make their food. <u>Many farmers even formed farmers Union but all went in vain as it did not have any effect on Prices</u>.
Learn more:
1. What was the impact of political and legal ideas contained in Justinian's code?
<u>brainly.com/question/5344838
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2. How did Gertrude stein influence the career of Pablo Picasso in Paris at the start of the twentieth century?
<u>brainly.com/question/4845016
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Answer details:
Grade – High School
Subject – History
Chapter – Early depression
Keywords –Economical depression, Great Depression, The United States, Farmers, Crops, Corns, Coal, Texas, Oklahoma, Kansas.
