Answer:
A combination of unpaid loans, bad debts, and mass withdrawals
Explanation:
Deflation increased the real burden of debt and left many firms and households with too little income to repay their loans. Bankruptcies and defaults increased, which caused thousands of banks to fail. In each year from 1930 to 1933, more than 1,000 U.S. banks closed.
Answer:
<h2>d) All of the choices are correct.</h2>
Explanation:
The French Revolution was a movement of the Third Estate (as the commoner class was known) against the elites who controlled all power in France. The 3rd Estate was the bulk of the people (98% of the population), all considered "commoners." (The clergy and nobility were the 1st and 2nd Estates.) So, the 3rd Estate included those from a wealthy, bourgeois wine merchant to a day laborer in the city or a peasant farmer in the countryside. The initial leaders of the Revolution came from a bourgeois background.
When the Revolution began, it was difficult for the bourgeois leaders to manage the new government in a way that met the concerns and demands of the poorer classes (city workers and rural peasants). So the discontent of the poor and the peasants were a problem for the French National Convention. So too was the rise of the Jacobin movement, a more radical group which challenged the more conservative Girondists for power. The "Girondists" were named after the Gironde region, a wine producing region. Wealthier bourgeois types (like wine merchants) were the sort of persons in the Girondist group. The Jacobins were adamant about establishing equality for all persons in France, whereas the Girondists at times seemed more concerned about protecting the interests of businessmen for the sake of a profitable business environment.
Explanation:
Just say, "No more slavery." Boom. Problem solved.
Answer:
Wilson's 14 pionts were imagined as a framework for world peace and the peace treaty of Versailles, after WWI.
Explanation:
U.S. President, Woodrow Wilson, wrote his Fourteen Points as a framework for the peace negotiations after World War I in Paris, the Versailles peace treaty.
<em>The Fourteen Points</em> were published on January the 8th, 1918.
This document represents the principles for world peace after, at the moment, the biggest war in history.
One of the most important propositions was the creation of the<em> League of Nations</em>, to guarantee peace.
However, <em>Wilson's Fourteen Points</em> did <u><em>not</em></u> completely succeed, <u><em>because</em></u> they did <u><em>not</em></u> prevent WWII from happening.
Answer:
b. False
Explanation:
"Mesoamerica"<em> (Middle America)</em> refers to the ancient civilization of Mexico and Central America. This included the <em>Aztecs, Mayans, Olmecs, Zapotecs, Mixtecs and Teotihuacans. </em>
These civilizations were able to independently survive on their own by using advanced techniques. For example, the Mayans made a system of calendar known as<em> "Maya calendars." </em>This is because they were attracted to the<em> cycle of time.</em> Another example are the advanced tools made by the Aztecs. They were even able to make <em>drills </em>(bone and reed). Their agricultural systems were very complex.