Answer: The central powers alliance one the war
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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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In early January of 1861 when Florida joined the other Confederate states and seceded from the Union, there were Union (U.S. Army) soldiers stationed at Fort Pickens on Santa Rosa Island, right off Pensacola. Confederate soldiers demanded that the Union soldiers surrender now that Florida was a Confederate state
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China in the 1920s was a new republic confronting great challenges—economic, political, and social. ... Famine, warlord power, and a largely ineffective government were the backdrop for revolutionary activity in China to foment. By 1921, the Chinese Communist Party (CCP) was formally established.
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