The allies were prepared to make Germans pay heavily for the damage they had caused, especially in France
The correct answer should be A. A historian writes an extensive text on the important contributions of southeast Asian countries
Asian countries' history is often based on periods that are bound by the rule of various dynasties or by political engagements of the country.
Answer:
People sold off bank stocks, making them worthless.
Explanation:
The Stock Market Crash of 1929 caused a series of bank runs which destroyed the people's trust in the banking system. It began as a rumor that the banks were unable to pay cash which then transcended to panic among customers causing them to withdraw their funds en masse. They also spent little thus causing a stagnant economy. People withdrew their cash from the banks thus causing the solvency of many banks.
Banks in turn liquidated their loans and sold their assets at very low costs.
Explanation:
As per the question, the author's key purpose of including this paragraph include 'to inform the reader about the location' and 'to entertain the readers by showing how dramatic the situation is.
