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One reason that food prices dropped when the Erie Canal opened was that the cost of transporting food was reduced by using this waterway. The canal of 1825 made the cost of moving goods from inland to seaports faster and cheaper.
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The war changed the economical balance of the world, leaving European countries deep in debt and making the U.S. the leading industrial power and creditor in the world. Inflation shot up in most countries and the German economy was highly affected by having to pay for reparations.
I could be wrong, but i believe it was September 3, 1783. Hope this was helpful! :)
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Explanation:
It would enable poor peasants to enter the labour market by increasing their productivity, and force landlords to work by reducing their reservation wage. These effects of land reform may have been powerful in China because of the low level of consumption in the early 1950s.
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In 1868, diamonds were discovered on Boer lands. This caused an influx of new settlers into the Boer territory, including many British. The British decided that they wanted to control the Transvaal and annexed it as part of the British colony in 1877. ... The war ended with a Boer victory.
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