Answer: Maybe cause California wants to become an independent state? Idk tbh
The invasion of Poland caused the beginning of World War II
The renaissance lead to and certain age of the exploration. During the area , they discovered a new trade routes to Asia , new people came and converted into Christianity and a new land (lands) .
Hopefully!! this was good help . :))
Answer:
Isolationism was stronger after the depression
Explanation:
After WWI, USA became more active economically and military in aid for Europe's countries in post-war recovery. This meant that many European countries depended on US loans to recover. After the crash in 1929, USA became more conscious about their own economy and stopped participating in European conflicts. This encouraged countries such as Germany or Japan to take action in order to expand territory, which gave place to the raise of fascism in these countries (Japan's INnvasion of China in 1937 and Germany's annexation of Czechoslovakia in 1938, for example)
The author included the information about 1920 and 1925 because that was the time the U.S economy expanded rapidly, The Roaring Twenties. Until 1925 there wasn’t legal requirement to separate the operations of commercial and investment banks, the investment banking was consisted of <em>JP Morgan & Co, Kuhn, Loeb & Co, Brown Brothers and Kindder, Peabody & Co</em>. Their funds could be used to fund the underwriting business of the investment baking side.
In 1929 everyone was putting their savings into stocks, not only the wealth part but the poor part too and because of that the stock market reached the peak in August 1929. But than the production declined causing unemployment and with that the stock prices were much higher than their actual value. The economy was struggling, the debt was rising and the banks had and excess of large loans that couldn’t be liquidated.
In the 1930s over 9,000 banks failed because people didn’t trusted them to put their saving. The Great Depression the official unemployment rate was 25% and the stock marked declined 75% since 1929. But in 1933 now with Rooselvet’s administration he took immediate action about the economic woes first announcing that all banks would close, Bank Holiday. The Congress would pass reform legislation and reopen the banks. In “<em>first 100 days</em>” Roosevelt’s administration stabilized the industrial and agricultural production and created jobs and also created the Federal Deposit Insurance Corporation (FDIC) to protect depositors’ accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent what happened in 1929.
The big change between the crises in the 20s and 30s were all about who was in charge, President Hebert Hoover didn’t take much lead about the crises but Roosevelt did.
