There are many theories about what caused the Great Depression, and the truth is that there is no simple answer. Rather, a perfect storm of events came together and changed the lives of millions of people. One of the first signs of this dark period was the stock market crash in October 1929. In the aftermath, the country fell into the Great Depression, the longest and most significant economic depression since the Civil War. Through most of the 1920s, the United States economy was growing, and the stock market had reached new highs. People were making money in the stock market and having a grand time, so much so that few noticed the dark clouds forming on the horizon. By the end of the decade, industrial production had begun to decline, while unemployment was steadily rising. Stock market prices were plummeting from their peak in September 1929, and sales reached a crescendo in late October. On October 29, over sixteen million shares were traded in just one day. Billions of dollars were lost, with thousands of investors wiped out, and stock tickers were running hours behind because they were simply unequipped to manage this unprecedented amount of trading. The crash was not the only cause of the Great Depression, but it was certainly a symptom of a larger set of problems. Earlier in 1929, Herbert Hoover won the presidency under a wealth and prosperity platform. He made several unsuccessful attempts to prevent the economy from weakening during his administration. Despite his best efforts, banks continued to fail, and more Americans entered the ranks of unemployment. No one understood the extent of this economic downturn. But the election of 1932 brought Democrat Franklin D. Roosevelt into the White House by a landslide. Roosevelt wasted no time, proposing extensive legislation called the New Deal to create new jobs, revitalize the banks, and give hope to the American people. Some of the New Deal programs were successful, while other fell short; but by the end of the 1930s, things had finally begun to improve. However, it would take the massive spending required during World War II for the economy to return to where it was a decade before. Read about this tumultuous period in American history by purchasing the book The Great Depression - A Short History. 30-Minute Book Series Welcome to the eleventh book in the 30-Minute Book Series. Books in this series are fast-paced, accurate, and cover the story in as much detail as a short book possibly can. You can complete each work in less than an hour, which makes our books a perfect companion for your lunch hour or your commute home from work. About the Author Doug West is a retired engineer, small business owner, and an experienced non-fiction writer with several books to his credit. His writing interests are general, with special expertise in science, biographies, and "How To" topics. Doug has a Ph.D. in General Engineering from Oklahoma State University
The American Revolutionary War was an event that changed the path of nations. The birth of the United States of America signaled a deadly struggle that cost the lives of thousands of American and British soldiers. The conflict between the mother country, Britain, and the colonist didn't start overnight; it was series of events over a decade that finally led to the first shots being fired at the battle of Lexington and Concord. This bitter war would drag on for years with battlegrounds scattered up and down the eastern seaboard of the now United States - few were spared the effects of the war. Men such as George Washington, Thomas Jefferson, John Adams, and Benjamin Franklin would prove to be key individuals that helped turn what seemed like a certain defeat for the colonists into a victory over the most powerfully military force in the world. The long running conflict between the British and the French worked to the American's favor, as the French were key allies in the war and helped to turn the tide in the favor of the beleaguered Continental Army. It would take more than eight long years from the first shot being fired to the final peace treaty being signed before this bloody chapter of America would close. Buy the book "The American Revolutionary War - A Short History" and learn about the traumatic events that formed the most powerful and important nation in the history of the world. 30 Minute Book Series Welcome to the fifth book in the 30 Minute Book Series. Each book in the series is fast paced, well written, accurate, and covers the story in as much detail as a short book allows. In less than an hour, you can read or listen to the book; it is a perfect companion for a lunch hour or a nice distraction for a train ride home from work. About the Author Doug West is a retired engineer, small business owner, and an experienced non-fiction writer with several books to his credit. His writing interests are general, with special expertise in science, biographies, numismatics, and "How To" topics. Doug has a Ph.D. in General Engineering from Oklahoma State University.
Most historians credit the city-state of Florence as the place that started and developed the Italian Renaissance, a process carried out through the patronage and commission of artists during the late 12th century. If Florence is receiving its due credit, much of it belongs to the Medicis, the family dynasty of Florence that ruled at the height of the Renaissance. The dynasty held such influence that some of its family members even became Pope. Among all of the Medicis, its most famous member ruled during the Golden Age of Florence at the apex of the Renaissance's artistic achievements. Lorenzo de Medici, commonly referred to as Lorenzo the Magnificent, was groomed both intellectually and politically to rule Venice, and he took the reins of power at just 20 years old. Of all the fields that were advanced during the Renaissance, the period's most famous works were art, with iconic paintings like Leonardo's Mona Lisa and timeless sculptures like Michelangelo's David. Thus it is fitting that both Leonardo and Michelangelo were at times members of Lorenzo's court, and the Florentian ruler, who also considered himself an artist and poet, became known for securing commissions for the most famous artists of the age, including the aforementioned legends, Piero and Antonio del Pollaiuolo, Andrea del Verrocchio, Sandro Botticelli and Domenico Ghirlandaio. When Lorenzo died in April 1492, he was buried in a chapel designed by Michelangelo. From the intro:"The origin of the Medici family is lost in the mists of the Middle Ages, and, only here and there, can the historian gain glimpses of the lives of early forbears. Still, there is sufficient data, to be had for the digging, upon which to transcribe, inferentially at least, an interesting narrative.Away towards the end of the twelfth century, - exact dates are wholly beside the mark - there dwelt, under the shadow of one of the rugged castles of the robber-captains of the Mugello in Tuscany, a hard-working and trustworthy bonds-man - one Chiarissimo - "Old Honesty," as we may call him. He was married to an excellent helpmeet, and was by his lord permitted to till a small piece of land and rear his family."
Limited liability companies form the backbone of our modern economy. However, there is a persistent danger of moral hazard on the part of directors and shareholders, particularly in closely held or private companies. Like all developed legal systems, English and German law both provide mechanisms designed to protect creditors from such risks. This book investigates some of these mechanisms, including the avoidance of pre-insolvency acts, capital maintenance and creditor-regarding duties of directors. By analysing the different conceptual and doctrinal perspectives inherent in the English and German systems, this book seeks to advance a discourse between audiences with different legal backgrounds. It will be an invaluable guide for those wishing to understand how the protective mechanisms operate and interact with each other, and how they do so in quite different ways in the two jurisdictions.
This latest volume in the "Victoria Country History of Durham" (the first for over eighty years) presents a study of the township of Darlington, part of the parish of the same name. It traces the history of Darlington from the earliest times: a small Anglo-Saxon settlement becoming a flourishing bishop's borough in the middle ages; its growth as an important staging post on the Great North Road during the seventeenth and eighteenth centuries; and the town's prosperity during the nineteenth century, reinforced by its situation on the railway network. The story is taken up to the present time, with accounts of Darlington's social, political, topographical and economic history. The latter includes thorough accounts of major industries, including iron and engineering, leather, and the little-known but highly significant worsted and linen manufacturing industries. Gillian Cookson is County Editor, Victoria County History of Durham.
Online Reputation Articles
Online Reputation Books