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A provisional government, also called an interim government, an emergency government, a transitional government or provisional leadership, [1] is a temporary government formed to manage a period of transition, often following state collapse, revolution, civil war, or some combination thereof.
The Great Depression possibly had a more dramatic effect on Brazil than on the United States. The collapse of Brazil's valorization (price support) program, a safety net in times of economic crisis, was strongly intertwined with the collapse of the central government, and its base of support in the landed oligarchy.
The presidency of Herbert Hoover was defined by the Great Depression that began after the Wall Street Crash of 1929 during his first year in office. [citation needed] Protectionist tariffs were significantly expanded by the Smoot–Hawley Tariff Act, which has been attributed as a major factor contributing to the Great Depression.
The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
The Provisional Government was designed to set up elections to the Assembly while maintaining essential government services, but its power was effectively limited by the Petrograd Soviet's growing authority. Public announcement of the formation of the Provisional Government was made. It was published in Izvestia the day after its formation. [10]
The Depression meant people had to get creative, making items that most of us would never think to craft ourselves. For instance, there was little money for toys, so kids played with box forts ...
The League of Nations labeled Chile the country hardest-hit by the Great Depression, because 80% of government revenue came from exports of copper and nitrates, which were in low demand. Chile initially felt the impact of the Great Depression in 1930, when GDP dropped 14%, mining income declined 27%, and export earnings fell 28%.
On this day in economic and business history ... In most respects, April 28, 1942, was much like any other day of the Great Depression era for American markets. "The stock market lacked buying ...