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:
The Roman Empire became less stable over the course of the Third to Fifth centuries CE. Historians point to internal divisions as well as repeated invasions from tribes such as the Huns and the Visigoths as reasons why the Empire fell. The fall of the Western Roman Empire occurred in 476 CE.
Explanation:
The Americans whowed great distste and hatered towards Japan of which lead to the entry of the US in WW2 and the Nuclear bombing of Hiroshima.
Native Americans experience historical trauma through the effects of colonization such as wars and battles with the U.S. military, assimilation, forced removal, and genocide.
