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This catastrophe intensified the economic impact of the Great Depression in the region. In 1935, many families were forced to leave their farms and travel to other areas seeking work because of the drought, which had already lasted four years. [ 30 ]
The Dow Jones Industrial Average, 1928–1930. The "Roaring Twenties", the decade following World War I that led to the crash, [4] was a time of wealth and excess.Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector.
It is gratifying to note the splendid recovery from the great catastrophe which overtook the state nearly a year ago. Transportation has been restored. The railroads are in a better condition than before. The highways are open to traffic for those who wish to travel by automobile. Vermont is a state I love.
And the great owners, who must lose their land in an upheaval, the great owners with access to history, with eyes to read history and to know the great fact: when property accumulates in too few hands it is taken away. And that companion fact: when a majority of the people are hungry and cold they will take by force what they need.
Banks failed and unemployment soared. It was a devastating economic and social catastrophe that can be compared with the Panic of 1893 and the Great Depression of 1929, an event with repercussions every bit as deep as the Great Depression of the 1930s. There was an international dimension: much of the growth in the private sector and the ...
It includes a legal definition of genocide. Before the creation of the term "genocide", the destruction of the Ottoman Greeks was known by Greeks as "the Massacre" (in Greek: η Σφαγή), "the Great Catastrophe" (η Μεγάλη Καταστροφή), or "the Great Tragedy" (η Μεγάλη Τραγωδία). [142]
Economic collapse, also called economic meltdown, is any of a broad range of poor economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death ...
The Disruption of 1843, also known as the Great Disruption, [2] was a schism in 1843 [3] [4] in which 450 evangelical ministers broke away from the Church of Scotland [5] to form the Free Church of Scotland. [6]