The Chinese Government recently revised
their nation's history curriculum by declaring
that the Chinese Communist Party played a fundamental role in the World War II
victory, defeating Japan. It made no mention of the 30 million Chinese who died
under the communist revolutionary Mao
Zedong's program known as the Great Leap Forward.
Answer:
Consumer spending plummeted, factories slowed down production, and companies fired workers. The wages of those still employed were cut, making it hard for people to support their families since all the money was gone. American consumers lost their homes to foreclosure and lost (or sold) many of their possessions.
Answer:
No, it definitely was not pure racism.
Explanation:
While individuals who have pure hatred and racist views against other groups of people have always existed, during the centuries that slavery existed, not everyone who owned slaves or supported slavery justified their position on the basis of racist arguments.
Very often, these arguments in favor of racism were made from an economic point of view. They justified slavery because slavery was fundamental for their economic well-being. Some people even justified slavery under supposedly moral, ethical, or religious reasons, arguing that slaves were better off under the control of their owners, or that some religious scripture justified slavery.