Many banks had invested in the market and faced significant shortfall; several faced insolvency. The Crash also prompted a run on gold deposits, further reducing the amount of deposits banks had on hand. As a result, banks curtailed their lending activities, contributing to an economic slowdown.
Answer:
New forms of transportation such as the steamboat and the railroad helped the nation expand trade. Meanwhile, innovations such as the modern assembly line and electric light bulb revolutionized both business and personal life
Explanation:
Answer:
Despite the immorality surrounding the event, America's decision to drop the Atomic Bombs on Hiroshima and Nagasaki during the latter years of World War II was justified, because it put a quick end to the war and saved thousands of American lives in the process.
