One of the changes to Arkansas economy that could have lessened the effects of the Great Depression and hastened the state's recovery would have been that of diversifying its sources of income. Arkansas relied mostly on agricultural production, and besides this, its industries were extremely limited. This meant that the state was greatly affected by the low crop prices of this time period. It also meant that the many floods and droughts of the time severely affected the economy. However, if agriculture had not been the only major economic enterprise of the state, the effect would have been lessened.
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Answer: The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across the world; in most countries, it started in 1929 and lasted until the late 1930s. It was the longest, deepest, and most widespread depression of the 20th century. The Great Depression started in the United States after a major fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929, (known as Black Tuesday). Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II.
Explanation:
True.
Luther's Ninety-five thesis attacked the core of the church, and drew up problems as well as solutions the Catholic church should follow. However, the Catholic Church did not follow the suggestion, excommunicating Luther, prompting him to found the Lutheran Church.
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