<span>The Panic was the worst economic crisis to hit the nation in its history to that point. Economic historians are not certain what caused it but point to several possible factors. First, too many people attempted to redeem silver notes for gold; ultimately the statutory limit for the minimum amount of gold in federal reserves was reached and U.S. Notes could no longer be successfully redeemed for gold. Next, the Philadelphia and Reading Railroad went bankrupt. Then, the National Cordage Company (the most actively traded stock at the time) went into receivership as a result of its bankers calling their loans in response to rumors regarding the NCC's financial distress. A series of bank failures followed, and the price of silver fell. The Northern Pacific Railway, the Union Pacific Railroad and the Atchison, Topeka & Santa Fe Railroad all failed. This was followed by the bankruptcy of many other companies; in total over 15,000 companies and 500 banks failed (many in the west). About 12%-18% of the workforce was unemployed at the Panic's peak.
hope this makes sense</span>
Answer:
the labors refused to work and resisted
egypt feared that kush would grow powerful enough to attack egypt
Answer:
A. To emphasize the competitive nature of acquiring weapons.
Explanation:
In his "Inaugural Address" of January 20, 1977, newly elected President Jimmy Carter talked of his aims and plans for his administration. He also talks about "a new beginning" for the nation.
Towards the end of his speech, President Jimmy Carter states, <em>"The world is still engaged in a massive armaments race designed to ensure continuing equivalent strength among potential adversaries. We pledge perseverance and wisdom in our efforts to limit the world's armaments to those necessary for each nation's own domestic safety."</em>
And in the use of the term<em> "race"</em>, while referring to armaments, we can understand that he wants to emphasize the competitive nature of nations acquiring weapons.
Thus, the correct answer is option A.
