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Elenna [48]
2 years ago
12

After the stock market crash some banks failed because:

History
2 answers:
MrMuchimi2 years ago
8 0

Answer:

B. Borrowers could not repay their loans.

Explanation:

They ended up investing all their money into stocks.

I hope it helps! I hope you have a great day!

Pan~

yawa3891 [41]2 years ago
3 0
Borrowers could not repay their loans
Your welcome
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What was the negative effect of Mansa Musa sharing his wealth everywhere he went? Explain in 2-3 sentences.
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Answer:

Mansa Musa (about 1280 – about 1337) was the emperor of the Malian Empire in the 14th century. He is widely regarded to be the wealthiest man ever.

His great wealth came after large deposits of gold was found in mines in Mali.

His caravan contained lots of treasure and gold as he journeyed on his way to Mecca. He went with over 60,000 companions, 12,000 slaves, each carrying about 4 pounds of gold and other treasures. Hundreds of his trusted servants went ahead of him, each carrying about 10 and a half pound of gold staff. He travelled with more gold and precious jewels than he could spend.

On the way, he gifted beggars sizeable amounts of gold, tipped generously at bazaars and overpaid.

He made donations of gold each to Cairo, Mecca and Medina, about 20,000 ounces in all.

Because of his generous donations and tips and gifts by Mansa Musa and his caravan, there was soon hyperinflation in Cairo, Mecca and Medina which almost totally handicapped each cities economy for almost 10 years.

He devalued gold in those three cities because of the influx, it is estimated he devaluated about 71,000 pounds of gold by bringing a scarce commodity like gold in a location, without restrictions.

Calculating the loss these cities encountered in today's economic terms, Mansa Musa made Cairo, Mecca and Medina lose about $1.5 billion.

ISLAM IMPACT IN THE KINGDOM OF MALI

Berber and Tuareg, two merchants brought Islam to West Africa in the 9th century. Mansa Musa was one of the prominent Muslim converts and he soon became a devout Muslim who built major mosques throughout Mali and surrounding conquered cities like Timbuktu, Gao, etc.

After his Pilgrimage to Mecca in 1324-1325, he came back with numerous Muslim scholars and architects who constructed five mosques with baked bricks. Islam was very popular during Mansa Musa's reign

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3 years ago
11. During the Constitutional Convention of 1787, the plans for Congress proposed by delegates from New Jersey and Virginia diff
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Answer:

11. During the Constitutional Convention of 1787, the plans for Congress proposed by the delegates from New Jersey and Virginia differed mainly over the issue of established equal representation in the Senate and proportionate representation in the House of Representatives

12. State representation in Congress. Delegates at the Constitutional Convention of 1787 agreed to the Three-fifths Compromise to solve a dispute directly related to "state representation in Congress", since delegates were divided over how the slave population should be counted in Congress.

13. i dont know lol

14. The Constitution states that the reason for the census is to determine how many House of Representative members there will be from each state. Only U.S. citizens can (or are supposed to) vote, therefore, the census is intended to tally the total of U.S. citizens. This is not rocket science.

15. power division

Federalism is the concept of power division: between the central government and the local governments that have some autonomy over their local matters. For example, in the US marriage equality used to be decided on a state level.

Explanation:

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