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Why were World War 2 and the Great Depression two of the most important economic events in the twentieth century?
Wiki User
∙ 16y ago
The Great Depression was a period of worldwide economic downfall and recession. It started in 1929 and lasted through most of the 1930' s. The event was sandwiched between the two World Wars, which hit the industrialised countries of the world and the United States in particular, the hardest. There was widespread unemployment and rampant poverty and homelessness all over the United States. The construction industry virtually came to a grinding standstill . Agriculture , which was the mainstay of the rural areas, suffered a great blow as the price for crops fell by more than half. People engaged in such occupations as mining and logging were also rendered poor or homeless. World War I, which began in 1914 and ended four years later, had already made a deep impact on the economies of the world, and the world at large, and the United States in particular, was not able to recover from the major global economic crisis until the end of the Second World War in 1945 .
Wiki User
∙ 13y ago
Wiki User
∙ 16y agoit was a war and ppl were pepressed
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Why the Sarajevo Incident was the most important event in the twentieth century?
The Sarajevo Incident was the most important event in the twentieth century as this incident lead to the outbreak of WW1.
When was the most serious banking panic of the twentieth century?
1929
What lasted from the end of the 19th century to the beginning of World War 1?
An economic depression. The amazing thing is that the depression of the late 1800's was far worse than the depression of the 1930s and 40s. But, people seem to forget that for some reason. I think maybe it is because there was no radio and film to capture the trauma of that depression.
Name of heroes of tribal revolts in twentieth century?
Birsa Munda
What century Ww2 in?
World War II occurred in the twentieth century (1st September, 1939 - 2nd September, 1945).
How did the economic situation for blacks change in the late twentieth century compared to the mid twentieth century?
Black family income increased dramatically.
What did the great depression and the holocaust have in common?
the time period that they were in (the first half of the twentieth-century).
Why the Sarajevo Incident was the most important event in the twentieth century?
The Sarajevo Incident was the most important event in the twentieth century as this incident lead to the outbreak of WW1.
What was One of the most significant economic and social development of the early twentieth century?
Technological innovation was the most significant economic and social development of the early twentieth century. Some of these inventions included the typewriter, telephone, and mechanized office equipment.
Which accurately describes Indias economic progress in the late twentieth century?
Economic growth resulting in a large new middle class
Who challenged the economic views in the middle of the twentieth century by proposing a mixed economy for the US?
galbraith
Who challenged the economic views in the middle of twentieth century by proposing a mixed economy for the US?
galbraith
What group was most profoundly affected by the great economic changes of the late twentieth century?
Hispanics
What time period would be referred to as early twentieth century?
The early twentieth century typically refers to the years between 1900 and 1940. This period saw significant events such as World War I, the Roaring Twenties, and the Great Depression.
This man challenged the economic views in the middle of the twentieth century by proposing a mixed economy for the US.?
galbraith
When was On the Twentieth Century created?
On the Twentieth Century was created in 1978.
Which section of the orchestra became more important in twentieth-century music?
Percussion
