Trade was almost impossible since states printed their own money
Answer:
Mongkut, also called Phrachomklao, posthumous name Rama IV, (born Oct. 18, 1804, Bangkok—died Oct. 15, 1868, Bangkok), king of Siam (1851–68) who opened his country to Western influence and initiated reforms and modern development. Mongkut was the 43rd child of King Rama II, but as the first son to be born of a queen he was favoured to succeed to the throne
Explanation:
During Hoover's administration, the stock market collapsed. This was such a huge deal because people were borrowing money from the banks and putting in stock market. When the collapse occurred people were unable to repay the banks the money they took out, the banks failed.
