Answer:
By then, production had already declined and unemployment had risen, leaving stocks in great excess of their real value. Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.
Explanation:
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<span>A sudden influx of wealth from military action would throw off the balance of wealth in that, while other non-military people may have previously been wealthy, they would now no longer be wealthier than the soldiers who served them. With too much wealth, the value of money would also go down, causing the economy to actually decline. Also, with such an influx of wealth to the already wealthy, a larger rift would be created between the wealthy and the poor. That this wealth was accrued through military action would encourage more military action and more violence.</span>
1950s:
In 1950's women were not women, they were slaves. They were not counted as human. They had no right to vote. They were just slaves of their husband. The women's role was to look after the children and husband, cook dinner, clean the dishes and at the end of the busy day they would have to make sure that their husband is comfortable at night when he was sleeping. Which finally gave you a couple of hours sleep at night but not long before you would have to wake up and start the same day over again. But now women have rights to do everything they want to do. They have freedom to say anything, to vote, to do anything, to go anywhere they want to go. Now days women can work. They can stand in elections. All these things were not available for women in 1950's. This role is significant in Canadian history because it shows that women also can do things that man can do. They are not different, they are also human being and as strong as a men. This shows that in our country not only men are brave and only men can do anything but women also are very brave and they can give competition to men. Women are brave and talented. I chose this event because this event shows that you should never underestimate any body. People in 1950's thought that women can not do anything but that's not true, women can do anything.
change in the 1960s:
In the 1960s, deep cultural changes were altering the role of women in American society. More females than ever were entering the paid workforce, and this increased the dissatisfaction among women regarding huge gender disparities in pay and advancement and sexual harassment at the workplace. One of the most profound changes was happening in the bedroom. By the end of the Sixties, more than 80 percent of wives of childbearing age were using contraception after the federal government in 1960 approved a birth control pill. This freed many women from unwanted pregnancy and gave them many more choices, and freedom, in their personal lives. Gradually, Americans came to accept some of the basic goals of the Sixties feminists: equal pay for equal work, an end to domestic violence, curtailment of severe limits on women in managerial jobs, an end to sexual harassment, and sharing of responsibility for housework and child rearing. .
British Colonial Rule: Impact # 1.
Destruction of Indian Handicrafts:
The Industrial Revolution in England created a serious impact on Indian economy as it reversed the character and composition of India’s foreign trade. This led to destruction of Indian handicrafts although there was no substantial growth of modern factory industry.
The factors which were responsible for the gradual decay of Indian handicrafts were—disappearance of princely courts and their patronage, aggressive trade policy of the East India Company and the British Government, increasing competition of British machine—made goods and increasing demand for Western commodities as a result of foreign influence.
The destruction of Indian handicrafts created a vacuum in Indian markets which was subsequently fed by British manufactured goods. The destruction of Indian handicrafts led to serious unemployment problem and the weavers were most seriously affected.
Moreover, this unemployed craftsmen and artisans could not find any alternative occupation open to them and thus they had to return to agricultural sector leading to ‘progressive ruralisation of India’. Thus, this dependence of population on agriculture gradually increased from 55 per cent in 1901 to 72 per cent in 1931 and this led to progressive sub-division and fragmentation of agricultural holdings.
British Colonial Rule: Impact # 2.
New Land System:
New land system of the British ruler also created a serious impact on the Indian economy. During the East India Company rule, the company administrators imposed land revenue at exorbitant rates and thereby realised larger returns from land.
Thereafter, the British Government introduced the land settlement in 1793. Permanent settlement was introduced in Bengal and other neighbouring areas, and then gradually extended to other states. This settlement led to introduction of zamindary system where zamindars were responsible for collecting and remitting the land revenue to the British rulers.
Later on, another system known as ryotwary settlement was also introduced in Bombay and Madras and then subsequently to northeastern and north-western India where peasant landlords were directly responsible to the state for the annual payment of land revenue.
Under both these systems, the land revenue or the rent fixed was excessively high and this led to destruction of the organic village community in India.
In this connection, Daniel and Alice Thorner wrote, “Whereas the zamindary system made the landlords masters of the village communities, the Ryotwary system cut through the heart of the village communities by making separate arrangement between each peasant cultivator and the state”.
Thus the new land system of the British created a class of absentee landlords making way for exploitation of the peasants. Thus both the zamindary system and the Ryotwary system introduced by the British led to the concentration of economic power in the hands of few. This resulted total depression in agriculture and industry.
British Colonial Rule: Impact # 3.
Commercialisation of Agriculture:
Commercialisation of Indian agriculture during the British period created a serious impact on the Indian economy. Commercialisation of agriculture indicates production of various crops not for home consumption but for sale. Industrial revolution in Britain had raised the demand for agro-raw-materials, especially raw cotton, jute, sugarcane, groundnuts etc. for British industries.
As the British industries were offering higher prices for commercial crops the peasants gradually started to shift their cropping pattern substituting commercial crops for food crops. In some areas commercialisation of agriculture reached to such an extent that the peasants even could not produce food crops for their home consumption and started to purchase foodstuff from the mandis.
Moreover, the development of irrigation also intensified the commercialisation of agriculture in India.
British Colonial Rule: Impact # 4.
Development of Railway Network:
The development of an elaborate railway network primarily intensified the commercialisation of agriculture and on the other hand brought foreign machine made manufactures to India. This sharpened the competition of machine made goods with Indian handicrafts which resulted into total destruction of Indian handicrafts industry.
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