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.
The correct answer is America's dispute with Britain affects people everywhere.
Thomas Paine makes this argument in the sense that America is breaking away from Britain for the purpose of having more freedoms and liberty. In this sense, Paine feels that this desire for freedom and liberty is something that all people want around the world. If this fails, this conflict between America and Britain will have a negative impact on this fight for liberty across the globe.
B, because<span> Paine was advocating independence from Great Britain to people in the Thirteen Colonies.</span>
Answer:
After Louis XV, Louis XVI (1774-1793) ascended the throne of France. During that period, the economic condition of France became weak. ... She sowed seed of the French Revolution. Thus, the autrocratic monarchy, defective administration, extravagant expenditure formed the political cause of the French Revolution.
Originally from the south of France, supported the rights of provinces to influence the revolutionary movement. - They were opposed by those who regarded Paris as the center of Revolution e.g. San Culottes. - Girondins and Jacobins were united by a hatred of the church and a desire to end upper-class privilege.
Explanation:
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