The Great Depression was a period of unprecedented decline in economic activity. It is generally agreed to have occurred between 1929 and 1939. Although parts of the economy had begun to recover by 1936, high unemployment persisted until the Second World War.
<span>The 1920s witnessed an economic boom in the US (typified by Ford Motor cars, which made a car within the grasp of ordinary workers for the first time). Industrial output expanded very rapidly. Sales were often promoted through buying on credit. However, by early 1929, the steam had gone out of the economy and output was beginning to fall.The stock market had boomed to record levels. Price to earning ratios were above historical averages.The US Agricultural sector had been in recession for many more years<span>The UK economy had been experiencing deflation and high unemployment for much of the 1920s. This was mainly due to the cost of the first world war and attempting to rejoin the Gold standard at a pre world war 1 rate. This meant Sterling was overvalued causing lower exports and slower growth. The US tried to help the UK stay in the gold standard. That meant inflating the US economy, which contributed to the credit boom of the 1920s.
</span></span>During September and October a few firms posted disappointing results causing share prices to fall. On October 28th (Black Monday), the decline in prices turned into a crash has share prices fell 13%. Panic spread throughout the stock exchange as people sought to unload their shares. On Tuesday there was another collapse in prices known as 'Black Tuesday'. Although shares recovered a little in 1930, confidence had evaporated and problems spread to the rest of the financial system. Share prices would fall even more in 1932 as the depression deepened. By 1932, The stock market fell 89% from its September 1929 peak. It was at a level not seen since the nineteenth century.
<span>Falling share prices caused a collapse in confidence and consumer wealth. Spending fell and the decline in confidence precipitated a desire for savers to withdraw money from their banks.</span>
Answer: On January 8, 1815, the United States achieved its greatest battlefield victory of the War of 1812 at New Orleans. The Battle of New Orleans thwarted a British effort to gain control of a critical American port and elevated Major General Andrew Jackson to national fame.
Answer:
.gov
Explanation:
.com is a company , which is mostly bias, .net is a network, and .org could be any organization (some are reliable and others are not) only .gov is by the government so it is reliab;le
One could make the argument for any one of the aforementioned events. However, I would have to argue that the Louisiana Purchase was the most significant for a few different reasons:
1) Jefferson used the concept of implied powers in order to buy this land from France. Nowhere in the US Constitution does it say that presidents can buy land from foreign countries. However, Jefferson argues that this power can be implied. Due to Jefferson's actions, several presidents after him will follow suit and buy territories from other countries.
2) It doubled the size of the United States.
3) It initiated the US's policy of Manifest Destiny. This concept that America should control all land from the Atlantic to Pacific Ocean was one that was introduced in the early 19th century. The first big land annexation of this time was the Louisiana territory (1803). After this purchase, the US would continue to grow in size thanks to buying land from other countries and war.
The correct answer is
<span>D.He defeated a Muslim invasion from Spain
Muslims conquered all of Spain and started getting into France. All the people of Europe got afraid when they saw this so they sought the help of Charles Martel who managed to beat them and force them back. The battle was considered to be a great and unexpected victory and many consider him to be a brilliant general for this battle.</span>
