The Great Depression was a period of unprecedented decline in economic activity. It is generally agreed to have occurred between 1929 and 1939. Although parts of the economy had begun to recover by 1936, high unemployment persisted until the Second World War.
<span>The 1920s witnessed an economic boom in the US (typified by Ford Motor cars, which made a car within the grasp of ordinary workers for the first time). Industrial output expanded very rapidly. Sales were often promoted through buying on credit. However, by early 1929, the steam had gone out of the economy and output was beginning to fall.The stock market had boomed to record levels. Price to earning ratios were above historical averages.The US Agricultural sector had been in recession for many more years<span>The UK economy had been experiencing deflation and high unemployment for much of the 1920s. This was mainly due to the cost of the first world war and attempting to rejoin the Gold standard at a pre world war 1 rate. This meant Sterling was overvalued causing lower exports and slower growth. The US tried to help the UK stay in the gold standard. That meant inflating the US economy, which contributed to the credit boom of the 1920s.
</span></span>During September and October a few firms posted disappointing results causing share prices to fall. On October 28th (Black Monday), the decline in prices turned into a crash has share prices fell 13%. Panic spread throughout the stock exchange as people sought to unload their shares. On Tuesday there was another collapse in prices known as 'Black Tuesday'. Although shares recovered a little in 1930, confidence had evaporated and problems spread to the rest of the financial system. Share prices would fall even more in 1932 as the depression deepened. By 1932, The stock market fell 89% from its September 1929 peak. It was at a level not seen since the nineteenth century.
<span>Falling share prices caused a collapse in confidence and consumer wealth. Spending fell and the decline in confidence precipitated a desire for savers to withdraw money from their banks.</span>
Simplified in the best way possible:
World War 1 started when Archduke Franz Ferdinand was shot and killed by a Serbian man. As of a result, Austria demanded territory (taking advantage of the fact that the killer was Serbian). Austria declared war on Serbia. Serbia was in an agreement with Russia which led to war. Germany declared war on Russia for declaring war on Austria. Germany knew that France was allied to Russia, so Wilhem II declared war on France (it was going to happen anyways.) Britain later declared war on Germany after they had declined an ultimatum. During the war, UU Boats attacked British boats, and tried to starve them. While attacking British boats, they had accidentally attacked an American steamboat. This had caused tension. Germany agreed not to do it again. A few years later, they had started attacking American boats, thinking that the Americans were supplying the British. Tension grew again, which led Germany to send a telegraph to Mexico asking them to attack the United States, promising them their old lands. Since Mexico was at a civil war at the time, their generals told their leader not to attack the United States, and side with them. Mexico did exactly that, and had informed the United States. The people's will to fight in the United States grew, as mobilization started. In 1917, the United States declared war on Germany and sent thousands of troops to France almost every week.
Serbia was to blame as a part of their military known as the black hand secret society had trained soldiers to kill Ferdinand and split Austria's provinces so Serbia can form Yugoslavia. The head of the black hand secret society was the chief of the Serbian military intelligence.
I believe it was England's defeat of the Spanish Armada in 1588
Answer:
identify the problem
gather information
consider and weigh the opitions
evaluate the solution
implement solution
Explanation:
i think this is right please correct me if i am wrong
