Most individual investors borrowed money to buy stocks and many of them also bought these stocks on margin, meaning they only actually paid for 80% - 90% of the stock they had had borrowed money to buy. They were called 'margin millionaires' - they actually truly owned very little of the stock. Threes investors became extremely vulnerable to lack of confidence in stock prices when the stock prices fell somewhat and we're the first to line up to sell their stocks. That in combination with the fact that many businesses had borrowed heavily to invest in their businesses, when a stock sell-off frenzy began businesses' stock value feel rapidly, banks couldn't be repaid, the banks collapsed and a great deal of people lost their life savings very rapidly.
well most of of the people in europe were way to busy fighting and helping out in the war so not much help was given to the people and idk can u pls be more specific
The event that happened first is the second one: the Second New Deal began.
The term 'Second New Deal' is used to refer to the second stage of the New Deal programs of the U.S. president Franklin D. Roosevelt<u>. This second stage began in 1935 and it was aimed to redistribute wealth, power and income in order to improve the living conditions of the poor and the farmers</u>. On the other hand, the Fair Labor Standards Act was established in 1938, the recession during Roosevelt's presidency began in 1937 and Roosevelt was elected to a second term in 1936.
You can use this app called quillit
In the Ghettos, monitored by Nazi guards
