HISTORY
WORLD WAR II
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Savings and Loan crisis
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Mortgage Crisis
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Big Recession
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Great Depression
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Detailed explanation-1: -The widespread prosperity of the 1920s ended abruptly with the stock market crash in October 1929 and the great economic depression that followed.
Detailed explanation-2: -The Great Depression also played a role in the emergence of Adolf Hitler as a viable political leader in Germany. Deteriorating economic conditions in Germany in the 1930s created an angry, frightened, and financially struggling populace open to more extreme political systems, including fascism and communism.
Detailed explanation-3: -Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.
Detailed explanation-4: -The U.S. Government needed to raise money in preparation for their participation in World War I-the first major war between the countries of Europe in modern times.