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.
Answer:
King Philip's War was an armed coflict in 1675 - 1678 bewteen indigenous inhabitants of New England & New England colonists and thier indigenous allies . The Long Term effects the philips war had on southern new england was that thousands of indians were killed, wounded or captured and sold into slavery or indentured servitude .
Answer:
B. The way automobiles make other forms of transportation less feasible
Explanation:
Critical mass protest is a social movement of the cyclist to present the idea that there should be safety measures and traffic rules protecting them against the motor vehicle. It was started in 1922 in San Francisco and now have its way to most of the new world. These protests may be organized or unorganized, proceeded in such a way that bikers take control of the roads to show their resentment.
D. China should be the answer.
