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.
The answer is true because Hitler was a politician and he was very good at manipulating word to his benefit
Answer:
Brian The Dog from Family Guy in text format
Explanation:
Answer:
the santa fe trail starts in missouri and ends in new mexico
Explanation:
The correct answer is - C. 1975 - 1999.
The period between 1975 and 1999 was a period in which the world population grew for around 2 billion people. Even thought that is the same rise as in the period between 1930 and 1975, still this period is shorter, and is just 24 years the world population grew from approximately 4 billion people to approximately 6 billion people.
