I think its Europe. not 100% positive. but i do know tobacco and cotton comes from the Americas. and we commonly traded with Europe
Flaunders was known for its cloth manufacturing. Their cloth's were made out of English wool in which was in very high demand of medieval people.
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Massive short term sell off stocks,market loses value. Banks had made too many bad loans to speculators in stock. Many lost their life savings.
pansion of credit. Household take loans, go into debt.
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the answer is microwave oven