Spain by buying it for 15 million
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Both contain a bill of rights that protects civil liberties from government infringement… ... In the U.S. Constitution the states are subordinate to the federal government, and in the Texas Constitution the counties are subordinate to the state government.
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The depression was caused by a number of serious weaknesses in the economy. ... America's "Great Depression" began with the dramatic crash of the stock market on "Black Thursday", October 24, 1929 when 16 million shares of stock were quickly sold by panicking investors who had lost faith in the American economy.
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<u>Privatization:</u> The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business. The process in which a publicly-traded company is taken over by a few people.
<u>Why have some governments used it?</u>
There are numerous reasons why governments turn to privatization. Cost reduction is one motivation for privatization. The desire to transfer risk from the public sector to the private sector can lead to privatization. Another rationale for privatization could be as a new source of revenue.
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It was to set out certain basic civil rights and clarifies who would be next to inherit the crown
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