The event that marked the beginning of the Great Depression was the stock market crash of 1929. This event, also known as Black Tuesday, occurred on October 29, 1929, when the stock market experienced a sudden and dramatic decline in prices, resulting in widespread panic and investor selling.
The crash led to a massive decline in consumer spending and investment, which in turn caused a decline in production and employment. Businesses closed and banks failed, leading to widespread economic hardship for millions of Americans.
The Great Depression lasted for over a decade and had a profound impact on the global economy, leading to significant social and political changes in the United States and around the world.
Today, the stock market crash of 1929 remains one of the most significant events in American history and a symbol of the dangers of unregulated speculation and investment.
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What concerns and fears did some white people have about Jazz music when it was first developing? In what ways did some artists, like Louis Armstrong, feel the need to respond to these concerns?
1. Explain the concept of the "Credibility Gap". In what ways did the media create their own credibility gap with Veterans?
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The term "Credibility Gap" was coined during the Vietnam War to describe the perceived lack of reliability and credibility of information.
During the Vietnam War, the administration frequently painted the conflict in a favorable light, making comments that were later revealed to be incorrect or false.
The media played an important role in revealing this credibility gap by reporting on discrepancies between official pronouncements and actual happenings in Vietnam.
The media's coverage of veterans and their testimonials emphasized the credibility gap even further.
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