History, asked by vinaykumarn0413, 1 day ago

a) Both A and R are true and R is the correct explanation of A.

b) Both A and R are true but R is not the correct explanation of A.

c) A is true but R is false

d) A is false but R is true

7. Assertion (A) : Between 1929 and 1932, the national income of the USA fell by half.

Reason (R ) : Wall street exchange crashed in 1929.​

Answers

Answered by Gini47Alltime
0

Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%.

On October 29, 1929, "Black Tuesday" hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. The next day, the panic selling reached its peak with some stocks having no buyers at any price

Answer : A

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