Answer;
They became rich by building monopolies
Explanation;
-America's tycoons in the 19th and early 20th centuries, nicknamed as "robber barons," built massive empires and accumulated unprecedented wealth.
-Many of these men gained their vast fortunes either at the expense of their factory workers or by methods that were considered unscrupulous even back then, a time when insider trading wasn't yet outlawed.
-However, some of them also gave away their fortunes to build universities, hospitals, libraries, and museums that still dot America today.
Answer:
The correct answer is A. The Bretton Woods system ended in 1971.
Explanation:
The Bretton Woods system was a fixed exchange rate system in which the exchange rate for countries' currencies against the US dollar was fixed. From 1945 to 1971, it regulated exchange rates for member countries of the International Monetary Fund (IMF).
In July 1944, an international conference was held in the small town of Bretton Woods, New Hampshire, with participants from 44 nations. It was decided to set up the International Monetary Fund and the Bretton Woods system, the latter being used until the early 1970s.
The agreement meant that the member countries joined a fixed exchange rate system, which set the exchange rate for the country's currency against the US dollar. Instead, the US guaranteed a fixed redemption price of the dollar in gold. Exchange rate changes were made only to adjust for "basic imbalances" in the balance of payments. In practice, the agreement meant an end to repeated and drastic devaluations of local currencies in search of competitiveness in the export market. Earlier currency restrictions could also be lifted, with the result that international trade could increase.
The system was aborted in 1971, when the United States decided to no longer guarantee the dollar value with a fixed redemption price in gold, called the "Nixon shock". By then, the United States had already let the dollar exchange rate float in 1968. The reasons were, among other things, in the extremely costly Vietnam War for the United States. The result was that other currencies with previously fixed exchange rates also floated. The Bretton Woods system formally ceased in 1973, after vain attempts to stabilize key currencies.
Answer:
20 million soldiers
Explanation:
around 20 million soldiers lost their lives during world war 1(Jul 28, 1914 – Nov 11, 1918). Most of the casualties came from Russia
Answer:
it was Spain
Explanation:
rather than Portugal, that first made extensive use of enslaved Africans as a colonial labor force in the Americas. Ferdinand II pointing across Atlantic to where Columbus is landing with three ships amid large group of Indians, ca.
A kamikaze was a Japanese pilot who was trained in WW2 to make a suicidal crash attack, etc, on anything, but they mostly targeted ships. (Battleships, Cargo, etc)
