The Great Depression was a period of unprecedented decline in economic activity. It is generally agreed to have occurred between 1929 and 1939. Although parts of the economy had begun to recover by 1936, high unemployment persisted until the Second World War.
<span>The 1920s witnessed an economic boom in the US (typified by Ford Motor cars, which made a car within the grasp of ordinary workers for the first time). Industrial output expanded very rapidly. Sales were often promoted through buying on credit. However, by early 1929, the steam had gone out of the economy and output was beginning to fall.The stock market had boomed to record levels. Price to earning ratios were above historical averages.The US Agricultural sector had been in recession for many more years<span>The UK economy had been experiencing deflation and high unemployment for much of the 1920s. This was mainly due to the cost of the first world war and attempting to rejoin the Gold standard at a pre world war 1 rate. This meant Sterling was overvalued causing lower exports and slower growth. The US tried to help the UK stay in the gold standard. That meant inflating the US economy, which contributed to the credit boom of the 1920s.
</span></span>During September and October a few firms posted disappointing results causing share prices to fall. On October 28th (Black Monday), the decline in prices turned into a crash has share prices fell 13%. Panic spread throughout the stock exchange as people sought to unload their shares. On Tuesday there was another collapse in prices known as 'Black Tuesday'. Although shares recovered a little in 1930, confidence had evaporated and problems spread to the rest of the financial system. Share prices would fall even more in 1932 as the depression deepened. By 1932, The stock market fell 89% from its September 1929 peak. It was at a level not seen since the nineteenth century.
<span>Falling share prices caused a collapse in confidence and consumer wealth. Spending fell and the decline in confidence precipitated a desire for savers to withdraw money from their banks.</span>
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Antonio de Montesinos or Antonio Montesino (c. 1475 - June 27, 1540) was a Spanish Dominican friar who was a missionary on the island of Hispaniola (now the Dominican Republic and Haiti). With the backing of Friar Pedro de Córdoba and his Dominican community at Santo Domingo, Montesinos was the first European to publicly denounce the enslavement and harsh treatment of the indigenous peoples of the island. His censure initiated an enduring struggle to reform the Spanish conduct towards all indigenous people in the New World. Montesinos' outspoken criticism influenced Bartolomé de las Casas to head the humane treatment of Indians movement.
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An 18 year old dating 26 is really not accepted in our society because there is huge age gap between the tthem. I think there is more disadvantages than advantages. Both of them will have different prospective of looking at things. One will think in the mature way and the other will be thinking in its childish way. So their point of view may not match which leads to disputes and the relation cannot last.
Great Awakening was when people woke up to the need of religion in their lives, and it embraced the downtrodden such as farmers, the blacks and the slaves. On the other hand, Enlightenment remained in the hands of the intellectuals and the scientists.
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it says that all men should have equal rights becuase at the time women didnt have rights
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