HISTORY
THE WORLD BETWEEN THE WARS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Great Depression
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Roaring Twenties
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Cuban Missile Crisis
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Russian Revolution
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Detailed explanation-1: -The Great Depression (1929–1939) was an economic shock that impacted most countries across the world.
Detailed explanation-2: -How high was unemployment during the Great Depression? At the height of the Depression in 1933, 24.9% of the total work force or 12, 830, 000 people was unemployed.
Detailed explanation-3: -The Great Depression: 1929-1939 It is the longest and most severe depression experienced by the U.S. Its social and cultural effects are staggering. Many banks fail, many because they have made loans to stock market speculators that are never repaid.
Detailed explanation-4: -The Great Depression was a result of many factors: Prosperity in the USA during the 1920s created a cycle of higher employment and incomes. It led to rise in consumption and demands. More investment and more employment created tendencies of speculations which led to the Great Depression of 1929 upto the mid-1930s.
Detailed explanation-5: -The Great Depression started following the stock market crash of 1929, which wiped out both private and corporate nominal wealth.