The booming economy led in 1929 to a backlog of business inventories which was three times larger than the year before. As a result a recession began in August 1929, two months before the stock market crash. During this two month period, production declined at an annual rate of
20 percent. This decline resulted in the stock market crash which began October 24, followed by Black Tuesday on October 29. Losses for the month amounted to $16 billion, an astronomical sum in those days.
1932 and 1933 were the worst years of the Great Depression. Industrial stocks lost 80 percent of their value since 1930. 10,000 banks failed , or 40 percent of the 1929 total. GNP fell 31 percent since 1929 and over 13 million Americans lost their jobs between 1929 and 1932. In 1933 unemployment did rise to 24.9 percent.
The desperation of many people and especially veterans from WW I resulted in spectacular events, the most dramatic the so-called Bonus marches in 1932.
ANSWER
<em>Russia</em>
HERES HOW:
<em>On March 30, 1867, the United States reached an agreement to purchase Alaska from Russia for a price of $7.2 million. The Treaty with Russia was negotiated and signed by Secretary of State William Seward and Russian Minister to the United States Edouard de Stoeckl.</em>
<em>I DIDN'T WRIGHT THIS SO THIS IS NOT MINE BUT READ THIS IT SHOULD HELP :)</em>
Answer:
D) The decision can affect how effectively or efficiently a society uses its resources and how well it meets the needs and wants of its population.
Explanation:
A is incorrect because the amount of food/services doesn't affect their location.
B is incorrect because people it would not force people to "for the greater good."
C is incorrect because it's not reliable. ( honestly )
<h2>
Correct Answer: D</h2>
The Industrial Revolution began in England in the late 18th century, and spread during the 19th century to Belgium, Germany, Northern France, the United States, and Japan. Almost all areas of the world felt the effects of the Industrial Revolution because it divided the world into "have" and "have not" countries, with many of the latter being controlled by the former. England's lead in the Industrial Revolution translated into economic prowess and political power that allowed colonization of other lands, eventually building a worldwide British Empire.
