The booming economy led in 1929 to a backlog of business inventories which was three times larger than the year before. As a result a recession began in August 1929, two months before the stock market crash. During this two month period, production declined at an annual rate of
20 percent. This decline resulted in the stock market crash which began October 24, followed by Black Tuesday on October 29. Losses for the month amounted to $16 billion, an astronomical sum in those days.
1932 and 1933 were the worst years of the Great Depression. Industrial stocks lost 80 percent of their value since 1930. 10,000 banks failed , or 40 percent of the 1929 total. GNP fell 31 percent since 1929 and over 13 million Americans lost their jobs between 1929 and 1932. In 1933 unemployment did rise to 24.9 percent.
The desperation of many people and especially veterans from WW I resulted in spectacular events, the most dramatic the so-called Bonus marches in 1932.
The correct answer is C. Our strength is our unity of purpose.
Both excerpts aim to show that only united people can overcome difficulties. Roosevelt had to lead his people out of the Great Depression, and Lincoln out of the Civil War. So both times people had to endure difficult times, and their Presidents wanted them to be united for that.
Answer:
The Declaration of Rights
A Declaration of Rights Correct – The Declaration of Rights is the part of the Florida Constitution that protects the basic individual rights of all Floridians.
Explanation:
Answer:
The Renaissance was a period in European cultural history that followed the Middle Ages. It started in Italy in the fourteenth century and spread throughout most of Europe in the following centuries.
Renaissance architecture emerged around 1400 and passed into Baroque around 1600. It is a period in which master builders gained prestige and confidence and saw themselves no longer as craftsmen, but as scholars.
Ancient Greek and Roman architecture was rediscovered and admired. Proportion and harmony were very important, just like in classical times. However, where the proportions in antiquity were taken from music theory, Renaissance architects often used the human body as a starting point. A distinctive characteristic of this period is the use of pilasters in the facades and pediments above window and door openings.
