Do you agree with the statement ? critically discuss the reasons for the 1929 wall street stock crash as well as economic and social impact of the crash in usa

early human migrations are the earliest migrations and expansions of archaic and modern humans across continents and are believed to have begun approximately 2 million years ago with the out of africa migration of homo erectus. this initial migration was followed by other archaic humans including h. heidelbergensis, which lived around 500,000 years ago and was the likely ancestor of both denisovans and neanderthals. early hominids were said to have "crossed land bridges that were eventually covered in water" .

within africa, homo sapiens dispersed around the time of its speciation, roughly 300,000 years ago.the "recent african origin" paradigm suggests that the anatomically modern humans outside of africa descend from a population of homo sapiens migrating from east africa roughly 70,000 years ago and spreading along the southern coast of asia and to oceania before 50,000 years ago. modern humans spread across europe about 40,000 years ago.

the migrating modern human populations are known to have interbred with local varieties of archaic humans, so that contemporary human populations are descended in small part (below 10% contribution) from regional varieties of archaic humans.

after the last glacial maximum, north eurasian populations migrated to the americas about 20,000 years ago. northern eurasia was peopled after 12,000 years ago, in the beginning holocene. arctic canada and greenland were reached by the paleo-eskimo expansion around 4,000 years ago. finally, polynesia was peopled after 2,000 years ago, by the austronesian expansion.

in 'popular history' of europe in america it's common to blame the rise of the nazis (and of coursewwii, too) mainly on the treaty of versailles. despite the harshness of the treaty and despite the inflation of 1919-23 germany did benefit from the economic buoyancy of the roaring twenties. in the general election in 1928, the nazis only managed to get 12 (out of about 584) seats in the reichstag. the nazis were widely seen as a laughing-stock led by a funny little man given to yelling and wild gesticulation. of all european countries, none was hit harder than germany by the stockmarket crash of october 1929. germany had borrowed very large sums from american banks, with much of the money repayable either on demand or at short notice. these loans were of course recalled, and bankruptcies in germany rose sharply from the start of 1930 (or earlier). unemployment rose sharply, too. the german constitution of 1919 contained much that was utopian, including the right to paid employment. the realities of the situation made a mockery of the weimar constitution. one of german's great weaknesses at the time was the lack of a broadly based, popular right-wing party comparable to, say, the republicans in the us or the conservatives in britain. the obvious candidate, the german nationalists (the dnvp), had lost its grip and was hopelessly out oftouch with many of its supporters especially in rural areas. germany became increasingly hard to govern.

from about the middle of 1930 onwards the new chancellor, br�ning, had to govern by decree. in the absence of mainstream right-wing party, the nazis - who ruthlessly exploited genuine grievances - suddenly became the largest single party in the reichstag. with the growing effects of the great depression, unemployment reached about 27% (or more) in 1932. acting on bad advice (from the dnvp) hindenburg dismissed brüning in july 1932. in the general election that followed, the nazis won 37% of the seats. the other party that did well was the communist party (kpd) with 14%. fresh elections were held in november 1932: the nazi vote fell slightly, but the communist vote rose to 17%. in the streets of berlin and other major cities violence between left and right and their paramilitary wings grew. by late 1932, the effects of the great depression in germany had passed their peak, but this wasn't obvious at the time. the steady rise in communist vote triggered panic among most of the mainstream parties. after trying various solutions to the political crisis, hindenburg again took very bad advice - again from the dnvp. on the basis of this advice, he appointed hitler reichs chancellor on 30 january 1933 who promised to form a coalition with the german nationalists (dnvp). he did so, but at the same time almost immediately unleashed the sa (stormtroopers) who started a reign of terror within two months germany became a dictatorship, complete with concentration camps. joncey

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