When Franklin D. Roosevelt was elected President of the United States in 1932, not only the United States but also the rest of the world was in the throes of an economic depression. Following the termination of World War I , Britain and the United States at first experienced a boom in industry. Called the roaring Twenties, the 1920s ushered in a number of things——prosperity, greater equality for women in the work world, rising consumption, and easy credit. The outlook for American business was rosy.
October 1929 was a month that had catastrophic economic reverberations worldwide. The American stock market witnessed the "Great Crash," as it is called, and the temporary boom in the American economy came to a standstill. Stock prices sank, and panic spread. The ensuing unemployment figure soared to 12 million by 1932.
Germany in the postwar years suffered from extreme deprivation because of burdensome compensation it was obliged to pay to
A. Stock prices were recovering slowly
B. The nation were recovering slowly
C. There were 12 million unemployed workers
D. The nation needed help from the federal government
When Franklin D. Roosevelt was elected President of the United States in 1932, not only the United States but also the rest of the world was in the throes of an economic depression. Following the termination of World War I , Britain and the United States at first experienced a boom in industry. Called the roaring Twenties, the 1920s ushered in a number of things——prosperity, greater equality for women in the work world, rising consumption, and easy credit. The outlook for American business was rosy.
October 1929 was a month that had catastrophic economic reverberations worldwide. The American stock market witnessed the "Great Crash," as it is called, and the temporary boom in the American economy came to a standstill. Stock prices sank, and panic spread. The ensuing unemployment figure soared to 12 million by 1932.
Germany in the postwar years suffered from extreme deprivation because of burdensome compensation it was obliged to pay to
A. Stock prices were recovering slowly
B. The nation were recovering slowly
C. There were 12 million unemployed workers
D. The nation needed help from the federal government
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