Which factor played a role in the sudden drop after 1928? a. lack of demand b. lack of supply c. lack of credit d. lack of income

C. Lack of credit

Explanation:

The Great Depression, also known as the Crisis of 29, was a major global financial crisis that lasted during the 1930s, in the years before World War II. Its duration depends on the countries analyzed, but in the majority it began around 1929 and extended until the late thirties or early forties. It was the longest depression in time, of greater depth and the one that affected the greatest number of countries in the 20th century. In the 21st century it has been used as a paradigm of the extent to which a serious deterioration of the economy can occur worldwide.

The so-called Great Depression originated in the United States, after the fall of the New York Stock Exchange on Tuesday, October 29, 1929 (known as Crac on 29 or Black Tuesday, although five days earlier, on October 24, Black Thursday had already occurred), and quickly spread to almost every country in the world.

The depression had devastating effects in almost all countries, rich and poor, where insecurity and misery were transmitted as an epidemic, so that they fell: national income, tax revenues, business profits and prices. International trade decreased between 50% and 66%. Unemployment in the United States increased to 25%, and in some countries it reached 33%, cities around the world were severely affected, especially those that depended on heavy industry, and the construction industry stopped virtually in many areas. Agriculture and rural areas suffered the fall in crop prices, which reached approximately 60%. Given the fall in demand, the areas dependent on the primary sector industries, with few alternative sources of employment, were the most affected.

frederick william of brandenburg-prussia trained his son, frederick, to be a hardy soldier. but frederick disliked rifle shooting and horseback riding. unlike his father, he was interested in french literature. he enjoyed poetry and music and, like some others of the enlightenment, he scoffed at religion. his father thought him soft, frivolous and unmindful of his duties. and when frederick refused to put his signature on a right to succession, for a few moments his father strangled him.

southerners, for their part, considered brown a terrorist. they felt threatened by northerners' deification of brown and worried about the potential for other, similar armed insurrections.

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