Explanation:
Significance. The barbarian kingdoms marked the transition from Late Antiquity to the Early Middle Ages in the 6th and 7th centuries, gradually replacing the Roman system of government on the lands of the Western Roman Empire, notably in the two western prefectures of Gaul and Italy.
Answer:
The national industrial recovery act (NIRA) was enacted by Congress in June 1933 and was one of the measures by which president Franklin D.... Johnson as administrator for industrial recovery. The administration was empowered to make voluntary agreements dealing with hours of work, rates of pay, and the fixing of prices.
The booming economy led in 1929 to a backlog of business inventories which was three times larger than the year before. As a result a recession began in August 1929, two months before the stock market crash. During this two month period, production declined at an annual rate of
20 percent. This decline resulted in the stock market crash which began October 24, followed by Black Tuesday on October 29. Losses for the month amounted to $16 billion, an astronomical sum in those days.
1932 and 1933 were the worst years of the Great Depression. Industrial stocks lost 80 percent of their value since 1930. 10,000 banks failed , or 40 percent of the 1929 total. GNP fell 31 percent since 1929 and over 13 million Americans lost their jobs between 1929 and 1932. In 1933 unemployment did rise to 24.9 percent.
The desperation of many people and especially veterans from WW I resulted in spectacular events, the most dramatic the so-called Bonus marches in 1932.
Germany as after WWII the "Iron curtain" was dropped by western Europe in an attempt to staunch communism.
