Here are three reasons why the Civil War would be considered the first modern war:
1) Development of naval mines and torpedoes- These weapons developed by the Confederate lead to the sinking of 40 different Union ships. These weapons would be used in several different wars after this (including World War I).
2) Communication via the telegraph- The telegraph was created in 1844 by Samuel Morse. The Civil War became the first US war that used this technology. This allowed Lincoln to get much quicker updates on the war and allowed the media to report the news faster to citizens.
3) Development of the Army ambulance corp- This allowed for wounded soldiers to be recovered and treated quickly when injured in battle. This structure is still used in warfare today, as their are constantly doctors and other medical professionals nearby to help injured soldiers.
Answer:
The US Treasury invested billions of dollars in companies hit hardest by the crisis.
Taxpayer money was used to help several large financial firms stay in business.
Explanation:
The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis. TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks. From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.
The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis.
TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks.
From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.
TARP was controversial at the time, and its effectiveness continues to be debated.
Werner von Siemens
None of the others were industrialists.
The effect of the passage of the jones Act on the Philippines was it franted them full independence and self government to the Philippines. The law was enacted in the sixty-fourth United States Congress on August 29,1916 which contained the full declaration of the Philippines' full independence.
