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☆☆☆☆☆Banks were taking major financial risks, including investing in stocks and bonds. At that time, there were few limits, and fewer regulations, to require banks to be cautious or to protect their customers' money. When the stock market crashed in 1929, many of the banks that had not set aside enough capital to cover their losses in case of an emergency found themselves out of money and had to close; their customers, who in most cases had no idea the banks were making risky investments, also lost everything.
The Great Plains were the area affected by the loss of agricultural land in the 1930s.
Moral diplomacy is a system that gives support to the countries that have moral beliefs that are in line with the country that is giving support. Moral diplomacy was proposed by US President Woodrow Wilson in his 1912 election.
Public Work Program
Bootleggers sold illegal alcohol to consumers and helped to bypass the laws.
They decreased.
