Answer:
People sold off bank stocks, making them worthless.
Explanation:
The Stock Market Crash of 1929 caused a series of bank runs which destroyed the people's trust in the banking system. It began as a rumor that the banks were unable to pay cash which then transcended to panic among customers causing them to withdraw their funds en masse. They also spent little thus causing a stagnant economy. People withdrew their cash from the banks thus causing the solvency of many banks.
Banks in turn liquidated their loans and sold their assets at very low costs.
It was the Treaty of Paris
The earliest Chinese people did not have to worry about invasions from foreign countries because of their strong army and geography. The Chinese army present in ancient times were very strong and able to defend their lands. Chinese also build china wall in order to protect their lands from the invasion of other people. The geography of china also made difficult for the invaders to capture china.
Hi my dear friend,
The First Battle of Panipat was fought between the invading forces of Babur and the Lodi Empire, which took place on 21 April 1526 in North India. It marked the beginning of the Mughal Empire. This was one of the earliest battles involving gunpowderfirearms and field artillery.
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Explanation:
The Texans wanted to create a system of governance similar to what they left in the United States. This led to the push for Texans to gain their independence from Mexico. The Texans saw the Mexican government as just as aloof as the British government the colonists faced during the American Revolution.
