Due to the fall in the stock market, there has been a decrease in consumer spending and investments. This was caused by a steep decline in industrial production and a rise in unemployment due to failed companies that fired their workers. After the fall in the first 10 months of 1930, 744 banks collapsed - 10 times more. In all, 9,000 banks collapsed during the decade of the 1930s. It is estimated that 4,000 banks failed only during one year in 1933. Until 1933, depositors lost $ 140 billion due to the failure of banks. This is too simplified to find out the decline in stock trading as a unique cause of the Great Depression. However, in 1932, when the country collapsed in the depths of the Great Depression and about 15 million people (more than 20% of the American population at that time) was unemployed.
The answer is D leaders do not have the right to oppress their people
Answer: Government should be for the common good, not just for a few people.
Explanation:
The Pilgrims came to America escaping from the Church of England, where access to the government was limited to a select group of people, based on wealth or lineage.
In opposition to that, the Mayflower Compact established that the American government, although not yet independent from the English crown, would be meant to represent the common good, and this idea had a strong influence in the Declaration of Independence.
