Was an economic theory which believed that the wealthier and nation was particularly in terms of possession of gold and other precious metals that could be minted into coins more powerful it would be in international terms
What it doesn’t make sense but maybe the three kingdoms has something to do with it
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.
Answer:
the answer is Imperialism.
Explanation:
Imperialism is a system where a strong country takes wealth and raw materials from another country. •A “strong” country was supposed to have many colonies to increase its wealth and importance around the world.
