A rise in crime associated with the illegal production and sale of alcohol, an increase of smuggling and bootleggers, and a decline in tax revenue
Financial experts warned the public the the American Economy is slowing down. With this warning in mind, investors started selling their shares in large numbers in September 1929. By 24th October 1929, 12.8 million shares were sold and another 16 million shares were sold at a very low price on 29th October 1929. The panic selling of shares lead to the collapse of the stock market in New York.
The aftermath of the wall street crash was very disastrous. Investors lost their money and was not able to pay off their debts. Many banks closed, leaving their depositors with no money nor hope for the future. Ordinary people lost their means to buy foods and other basic needs like shelter and clothes. Companies have to downsize resulting to firing of redundant workers and lowering the wages of the remaining workers. Unemployment rose to very high level.
The Wall Street Crash led to the beginning of the Great Depression in the 1930s.
Answer:
During the ensuing Wounded Knee Massacre, fierce fighting broke out and 150 Indians were slaughtered. The battle was the last major conflict between the U.S. government and the Plains Indians. By the early 20 century, the American-Indian Wars had effectively ended, but at great cost.
Explanation:
Answer:
Northerners opposed counting slaves as part of the population if they had no rights, while southerners supported counting slaves. According to the compromise, five slaves would count as three free persons when calculating how many representatives each state received in the House of Representatives.
Explanation:
The Three-Fifths Compromise was a compromise established during the 1787 Philadelphia Convention between the colonies of the North and the South. This compromise considered, in the rules for counting people represented in the House of Representatives, that a slave was counted up to three fifths of a free man.
The question was important, as the population count would then be used to determine the number of seats each state would have in the US House of Representatives. The Compromise gave a disproportionate representation of the slave states in the House of Representatives compared to the voters in the free states until the Civil War.
D. Remained poor.
They experienced a period of economic stagnation following the independence. Making a lot of people remained poor despite being free from the European colonization. They need some time before they eventually make adjustments to implement a proper political system in place and develop their economy.
