The correct answer is A) the boom-and-busty cycle of capitalism.
<em>A characteristic of the economic panics in the early 1800s was the boom-and-busty cycle of capitalism.
</em>
The international economy was declining, the domestic economy of the United States was expanding beyond control, cotton prices collapsed, the contrition of credit affected the market, farmers had to pay its loans which resulted in farm forclosures and some Banks went into bankrupcy. That is why a characteristic of the economic panics in the early 1800s was the boom-and-busty cycle of capitalism.
True
Because the sultan’s alliance with the kaiser had gone horribly wrong. British forces held the capital Istanbul; most of the territories had fallen and Greek troops were ravaging the west of Turkey
Although inequality was reasonably common in both the North and the South, it was more significant in the South. The Northern population was more likely to be middle class, as well as more likely to engage in different trades besides agriculture. This meant that education in the North was more common and widespread than in the South, where it was the privilege of a few lucky ones.