The Depression wiped out banks, businesses, and families. Every week for the first three years of the Depression, one hundred th
ousand workers lost their jobs. By 1932 more than 13 million Americans—a quarter of the workforce—were unemployed. In some cities, including Cleveland and New York, 50 percent of workers were unemployed. Total farm income fell from $12 billion in 1929 to only $5 billion in 1932. More than five thousand banks failed, and the savings accounts of more than nine million Americans disappeared. According to the passage, what was one effect of the Great Depression?
New York was the American city most affected by the Depression.
About half of all workers nationwide were unemployed by 1932.
Nearly one hundred thousand banks had shut down three years into the Depression.
The money gained from selling crops fell by $7 billion in three years’ time.
The answer is letter c, specialization increase the demand for product. It is because specialization focuses more on the products that are being produced in which they provide greater quality for the consumers in which promotes its product efficiency.
In 1898, the Spanish-American War broke out, and the strategic use of the naval base at Pearl Harbor during the war convinced Congress to approve formal annexation. Two years later, Hawaii was organized into a formal U.S. territory and in 1959 entered the United States as the 50th state. Without that advantage we would have lost
True. The pact was signed August 21, 1937. It went into effect immediatly. The pact was registered with the League of Nations Treaty Series September 8, 1937.
