Answer: The south lacked money since they were recovering from the Civil War.
I believe it was from 1095 to 1291... it might be 92 but im pretty sure 1291
With the exception of Austria-Hungary, new imperialism was entrenched in the policies of all the European powers. This frenzy to acquire colonies was due to the potential financial and psychological benefits that colonies provide. Financially speaking, the colonies can help European nation’s name economy by firstly providing the raw materials necessary for industrialization which were lacking in continental Europe. Secondly, after using the raw materials to produce the merchandise, the colonies provided a market where the European nations can sell their manufactured goods. Hence, new colonies can begin an exploitive cycle where the European nations take resources from their colonial subjects then profits exportation of completed goods
Answer:
The ability to be used as, or directly converted to, of cash is called liquidity.
Explanation:
In accounting, liquidity is the availability of means of payment in very short-term cash, or the immediate availability of cash.
In financial terms, the term indicates the aptitude of an investment to be transformed into money quickly and possibly without losses.
In terms of capital, the term also defines the situation characterized by a considerable availability of cash and/or other means of payment that can be easily and quickly converted into cash.
