Answer:
The First Continental Congress, held from September to October 1774, was a congress of representatives from 12 of the 13 British Colonies. The reason for the convocation was the Intolerable Acts, aimed at stopping the growing resistance of the American colonies.
A Declaration of Rights and Grievances was issued, which contained a statement on the rights of the American colonies to "life, liberty and property," and also protested against the customs and tax policies of the metropolis. It was decided to declare a trade boycott of the metropolis. Beginning on December 1, 1774, both the purchase of English goods and the sale of American goods to the British were prohibited.
In the 1930s, many people began thinking Marx was right and that Communism was the wave of the future because the New York Stock Exchange crashed in 1929, fulfilling Marx's prediction of business booms and crashes.
