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Stock Market Crash of 1929
Workers flood the streets in a panic following the Black Tuesday stock market crash on Wall Street, New York City, 1929
Hulton Archive/Archive Photos/Getty Images
Remembered today as "Black Tuesday," the stock market crash of October 29, 1929, was neither the sole cause of the Great Depression nor the first crash that month. The market, which had reached record highs that very summer, had begun to decline in September.
On Thursday, October 24, the market plunged at the opening bell, causing a panic. Though investors managed to halt the slide, just five days later on "Black Tuesday" the market crashed, losing 12 percent of its value and wiping out $14 billion of investments. Two months later, stockholders had lost more than $40 billion dollars. Even though the stock market regained some of its losses by the end of 1930, the economy was devastated. America truly entered what is called the Great Depression.
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Answer:
An oligarchy.
Explanation:
Oligarchy is a political concept that refers to minority rule, in which few people rule by having access to capital or inherited title. Informally, the term oligarchy can generally refer to a limited group with great power, often in a political system with or without formal democratic elements.
Oligarchs sometimes rule in formal democratic systems where dominant politicians constitute a small elite that recreates its parliamentary influence by controlling key economic resources and extensive personal networks. New democratic states are often used as examples of this, but there are also examples of oligarchy tendencies in established democratic political systems.
Answer:
so your answer is both were the bloodiest battles.
Explanation:
Well we know Atlanta was the bloodiest battle of the Civil War.
