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.
The primary aim of the "Marshall Plan" was to provide aid to the devastated countries of Europe, while at the same time combating the advance of communism and <span>helping countries determine their own forms of government.</span>
Answer:
The Truman Doctrine demonstrated that the United States would not return to ... both economically and militarily to contain the spread of communism around the world. ... One of the most pressing problems in the immediate aftermath of World War II ... in combatting the spread of communism: economic aid or military force?
Explanation:
Settlement societies were divided into groups according to the value of the crops they raised.
Those serbs were convicted of War crimes because they approve the policy of ethnic cleansing in the war.
Ethnic cleansing refer to the policy in which they massacre a specific ethnic groups in their society. This practice deemed as really inhumane so they had to be convicted because of that
