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 White Man's Burden is a poem by Rudyard Kipling. Although the poem has deeper meanings, a direct reading was popularized from the dominant points of view at the time, justifying as a noble enterprise, an ungrateful and altruistic obligatio, the domain of " white man" on those defined as "inferior races".
Apparently, in a superficial reading, the subject is a rhetorical mandate to the white man to colonize the other races for the benefit of them, being their "burden" both the task and the people themselves to colonize. Because of this issue, as well as the resounding title, it soon became an emblem of colonial rule and white supremacists.
Answer:
OC led a Children's Crusade that went horribly wrong with most of the children being ultimately sold into slavery
Explanation:
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