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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.
The Blitz was a German bombing campaign against the United Kingdom for eight months from 7 September 1940 to 11 May 1941 during the Second World War. [4]The Germans conducted mass air attacks against industrial targets, towns, and cities, beginning with raids on London towards the end of the Battle of Britain in 1940 (a battle for daylight air superiority between the Luftwaffe and the Royal ...
The Blitz, explained The German air force’s bombing of London from Sept. 7, 1940, to May 11, 1941, left about 43,500 people dead and many more homeless. The attack campaign became known as "the ...
The Great Depression did not strongly affect Japan. The Japanese economy shrank by 8% during 1929–31. Japan's Finance Minister Takahashi Korekiyo was the first to implement what have come to be identified as Keynesian economic policies: first, by large fiscal stimulus involving deficit spending; and second, by devaluing the currency ...
Examining the causes of the Great Depression raises multiple issues: what factors set off the first downturn in 1929; what structural weaknesses and specific events turned it into a major depression; how the downturn spread from country to country; and why the economic recovery was so prolonged.
The Second Great Fire of London in December 1940 was caused by one of the most destructive air raids of the Blitz during World War II. The Luftwaffe raid caused fires over an area greater than that of the Great Fire of London in 1666, [2] leading one American correspondent to say in a cable to his office that "The second Great Fire of London has begun". [3]
Steve McQueen is set to open the BFI London Film Festival on Wednesday night with a world premiere — and it’s not his first time doing so.
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]