Hitler attained power in March 1933, after the Reichstag adopted the Enabling Act of 1933 in that month, giving expanded authority. President Paul von Hindenburg had already appointed Hitler as Chancello
The Soviet Union launched the satellite Sputnik I.
Answer:
I think this is a good explanation.
Explanation:
Economist Richard Koo wrote that Japan's "Great Recession" that began in 1990 was a "balance sheet recession". It was triggered by a collapse in land and stock prices, which caused Japanese firms to become insolvent, meaning their assets were worth less than their liabilities.