AMERICAN IMPERIALISM 1890 1919
TREATY OF VERSAILLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Great Depression
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Economic revival
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Industrial Revolution
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The re-election of Hoover
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Detailed explanation-1: -The stock market crash of 1929 had a devastating effect on the culture of the 1930s. As investors, businesses, and farms lost money, they started to shutter and lay off workers. Banks closed as well. The Great Depression began in the 1930s, leading to soup kitchens, bread lines, and homelessness across the nation.
Detailed explanation-2: -Business houses closed their doors, factories shut down and banks failed. Farm income fell some 50 percent. By 1932 approximately one out of every four Americans was unemployed.
Detailed explanation-3: -The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom.
Detailed explanation-4: -The stock market crash of October 1929 signaled the beginning of the Great Depression. By 1933, unemployment was at 25 percent and more than 5, 000 banks had gone out of business.