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Specifically, this varies by country, but in general, 1929-1933 was a period of economic collapse where the world levels of GNP fell between 10-70% in most places in the world. The collapse was worst for regions dependent on staple production and trade or who depended on investment from the U.S.
The Wall Street Crash crashed in October 1929, the world's economy plunged into the Great Depression, and the causes of the Depression were:Ø Too many goods were being produced, but less people to buy themØ Farmers produced to many goods, so prices went steadily lower of the goodsØ There were too many small banks - these banks did not have enough funds to cope with the sudden rush to take out savings, which happened in the autumn of 1929.Ø Too much speculation on the stock market - the middle class had a lot to lose and they had spent a lot on what amounted to pieces of paper.Ø Also Many more……The effects of the depression were:Unemployment - 13 million people were out of work.Industrial production dropped by 45 per cent between 1929 and 1932.House-building fell by 80 per cent between 1929 and 1932.The entire American banking system reached the brink of collapse.From 1929 to 1932, 5,000 banks went out of business.
contraction
The stock market crashed in 1929 which was a cause of the Great Depression.
investors raced to get their money out of the stock market
slavery
slavery
In the United States the years from 1929 to 1932 were the beginning years of the Great Depression. During those years, some say the depression was at its worst. Industrial production plummeted in that period of time.
it tripled
The cast of It Happened to Him - 1929 includes: James Barton
The population of wage earners in the Northeastern US increased significantly between 1900 and 1929, driven by industrialization and urbanization during this period. Cities like New York, Boston, and Philadelphia saw a rise in population as people migrated from rural areas in search of employment in factories and other industries. The growth of industries like manufacturing and transportation also led to an increase in wage-earning opportunities in the region.
The Great Depression happened when the stock market crashed on March 29, 1929.----
Specifically, this varies by country, but in general, 1929-1933 was a period of economic collapse where the world levels of GNP fell between 10-70% in most places in the world. The collapse was worst for regions dependent on staple production and trade or who depended on investment from the U.S.
The cast of Private Business - 1929 includes: Syd Saylor as George
Big Business - 1929 is rated/received certificates of: Finland:S (1982) Germany:o.Al. UK:U
Big Business - 1929 was released on: USA: 20 April 1929 Norway: 1934 Finland: 3 December 1982 (re-release)
In 1929 the stock marketbegan to Crash which lead to the great Depresion.