Answer:
The stock market crash on October 24, 1929, marked the beginning of the Great Depression in the United States. The day became known as "Black Thursday," Many factors had led to that moment. World War I, changing American ideas of debt and consumption, and an unregulated stock market all played pivotal roles in the economic collapse.
Explanation:
World War I transformed the United States from a relatively small player on the international stage into a center of global finance. American industry had supported the Allied war effort, resulting in a massive influx of cash into the US economy. As the war interrupted existing global trade relationships, the United States stepped in as the main supplier of goods, including weapons and ammunition. These purchases left European countries deeply in debt to the United States.
After the war, the United States began a period of diplomatic isolation. It enacted and raised tariffs in 1921 and 1922 to bolster American industry and keep foreign products out.
In the 1920s (the “Roaring Twenties”) many American consumers, assuming economic prosperity would continue indefinitely, took on large amounts of personal debt, sometimes at extremely high interest rates. Factories depended on these consumers continuing to purchase their goods.
Finally, the stock market, based on Wall Street in New York City, was loosely regulated. There were few rules to ensure invested money was safe. Speculators began to deliberately manipulate stock prices, buying and selling in order to increase their returns. Only a small number of Americans purchased stock directly, most believing that the market values would continue to increase. Many investors, comfortable with debt, bought stocks “on the margin,” using a small personal investment to pay a portion of the actual share value while borrowing the rest from a bank or other lender. They assumed the stock price would rise and they would be able to repay the balance of the loan from their investment profits. This system worked well, until the stock decreased in value.
his owner sandford forsure
Answer - Force or try to get all people to follow the Mongol religion.
Reason - reason why is because of the war in a mongling country its also an imperialist. That wanted to expand.
<span>Liberia and Ethiopia
Liberia was the brain child of the American Colonization Society, and later extended to end up plainly the Colony of Liberia in 1824. The American Society for Colonization of Free People of Color of the United States (ACS) was begun by white Americans in an offer to uproot Free Blacks from the United States. They trusted that Free Blacks ought not have discover home in the US but rather ought to be repatriated.
Despite the fact that Liberia turned out to be completely free on 26 July 1847. Indeed, even after freedom the country was viewed as a province of America and subsequently, it was totally overlooked by the European countries amid the scramble for Africa in the 1880's.
Then again, Ethiopia could have been a state of the Britons. English were in Ethiopia as ahead of schedule as 1868 when they walked to expel King Theodore from control. Theodore had been blamed for detaining individuals from the west. After an effective topple the Britons thought of it as not worth to take Ethiopia as their state.</span>
