Stocks directly affected only 4 million out of 120 million people. Indirectly:
-Risky loans hurt banks
-Consumer borrowing
-Bank runs
-Bank failures
-Savings wiped out (Banks failures wiped out peoples saving)
-Cuts in production
-Rise in unemployment
-Further cuts in production
Leader Nikita Khrushchev said the quote above.
I hope this answer was helpful!! :)
The administration faced political opposition in 1994 when Republicans took control of both houses of congress but Clinton was reelected in 1996, after a failed attempt at a health care reform.
The last one I think forgive me if I’m wrong!
Answer:
Civil Rights Act of 1866.
