The correct answer is A stock market crash.
Due to high speculation and inflation, the stock market crashed in 1929. This day, known as Black Thursday, took place on October 29, 1929. This had a devastating effect on the American economy, as millions of people lost a significant amount of money in the stock market. Some individuals lost their entire life savings, as they had invested in throughout the 1920's. This was one of the major factors in the beginning of the Great Depression.
The best statement that compares the law of supply is that NOT The quantity supplied by producers decreases as prices rise and increases as prices fall And for the law of demand is that NOT The quantity demanded by producers decreases as prices rise, then increases as prices fall.
The people were left stranded and these people had to evacuate from that place because of weather conditions.
<u>Explanation:</u>
When in the month of September, the people who were living in the south part of Texas, had to face huge weather conditions because of great flooding and great rain fall and because of this reason.
The people of that area had to evacuate that place as soon as possible and some people were left stranded only. These weather conditions resulted in the huge loss of life and property in the southern area of Texas.
The social order of pre-Revolutionary France was composed of three states: the 1st state was made up of clergymen, the 2nd state included all the nobility, and the 3rd state was formed by the rest of the population of France, including the peasantry, the bourgeoisie, and the city workers. The experiences of the nobility and the bourgeoisie were very different during this period. The nobiity included around 1-2% of the population of the country. They were mostly exempt from taxes and for the most part, did not have a job. On the other hand, the bourgeoisie was a large percentage of the population, and carried a significant tax burden. This class was the most educated and wealthiest part of the 3rd State, and they resented the privileges of the nobles, in particular the tax exemptions. The conflict between these classes was a reason for the French Revolution.
